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Speakers at the American Bankers Association's Conference for Community Bankers made it clear that smaller banks must find ways to embrace new and disruptive ways of doing business to compete the bigger institutions and nonbanks.
February 10 -
Citizens & Northern Corporation in Wellsboro, Pa., has named J. Bradley Scovill its new president and chief executive officer.
February 10 -
The Puerto Rican bank faces a deadline to raise capital or sell itself. With recapitalization a challenging prospect, here's a look at how other scenarios could play out.
February 9
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Orange County Business Bank in Irvine, Calif., is facing a proxy battle from a Dallas investment firm.
February 9 -
The $94 billion-asset company said in a press release Monday that it had hired Terry Jenkins as president of Key Private Bank. He is succeeding Tim Swanson, who will remain KeyCorp's chief investment officer.
February 9 -
Fee income and payment of a Home Loan bank advance helped Eagle Financial Services in Berryville, Va., boost its bottom line last quarter.
February 9 -
Grand River Commerce in Grandville, Mich., has raised $10.7 million through a private placement.
February 9 -
Delanco Bancorp in New Jersey began trading on Friday on the OTC Markets Group platform.
February 6 -
Community Financial Corp. in Waldorf, Md., raised $23 million from a debt offering.
February 6 -
A long decline in loan-loss reserves hit a wall in the fourth quarter, as loan growth forced companies to set more cash aside than in recent quarters. An end to reserve releases, combined with higher costs and lower margins, are putting pressure on bankers to boost revenue.
February 5
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Beneficial Bancorp in Philadelphia reported higher quarterly profit due to improving asset quality.
February 5 -
JPMorgan Chase has launched a multiyear examination of its philanthropic division, providing $10 million to the Urban Institute to study the impact of its charitable initiatives.
February 5 -
Cheviot Financial in Cincinnati will soon have a new chief executive.
February 4 -
Premara Financial in Charlotte, N.C., has a new chief executive.
February 3 -
TowneBank in Hampton Roads, Va., reported a lower quarterly profit due to higher costs tied to its recent acquisitions.
February 3 -
Bank managers can motivate their teams to make sales without forcing them to pounce on customers the moment they walk in the door.
February 3
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Opinions vary throughout industry on the value of returning bonus dividends to members.
February 3 -
Banner Corp. in Walla Walla, Wash., has lowered its fourth-quarter profit due to an adjustment to the its provision for income taxes.
February 2 -
U.S. Bancorp on Monday named its annual "Dynamic Dozen" list, a select group of young employees chosen to provide the $387 billion-asset company with guidance on digital banking.
February 2 -
Peoples Community National Bank in Bremen, Ga., has changed its name and logo.
February 2
