Financial institutions

A pipeline of new banks is critical to the long-term health of the industry and communities across the country, argues FDIC Chairman Jelena McWilliams.

Organizers of Community Bank of the Carolinas still need to raise $25 million and secure approval from the state's banking commissioner.

Speaking at an investor conference Wednesday, John Turner said that sellers’ asking prices are too high and that Regions would prefer to buy a nonbank that could help boost fee income.

Murals on the walls and pizza parties are just a couple of ways Studio Bank is trying to court music and entertainment clients as part of a broader niche-lending strategy.

Big-bank execs downplayed gloomy economic forecasts and said a commercial lending rally, niche M&A and smart tech spending will drive growth in 2019.

Our Best in Banking honorees for 2018 share some of the smartest bits of advice and blows from the school of hard knocks that they've received over the years — and who (or what) supplied them.

The federal regulator cited recent “cost savings” and promising projections for costs and revenue next year in announcing the reduction in assessments.

The Midwest regional recently announced a referral partnership with the fintech lender CommonBond. By offering customers an option to refinance student loans at more favorable terms, the bank is hoping to cultivate their loyalty.

The new CEO is trapped in the same feedback loop of negative news, rising funding costs and declining revenue that foiled his predecessor.

Building alliances with startups is the most affordable route for community banks that want to offer innovative services, but industry officials cautioned that they must be balanced with smart internal investments, too.