BankThink

Will Congress do anything about credit unions buying banks?

12/22/19

The community bank lobby has said the recent deals are another reason to rein in the credit union sector. Some House members are beginning to take notice.

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Private equity takes a breather from investing in banks

12/22/19

PE firms have made investments in only seven banks in 2019, compared to 21 last year. Here's what's driving the slowdown.

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Investar ending 2020 with deal for Alabama bank

12/20/19

The Louisiana company sold $30 million in stock to help fund its purchase of Cheaha Financial Group.

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More help (from abroad) for small banks in search of deposits

12/20/19

Deposit Solutions says lenders can use its platform to acquire customers at little expense.

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Crapo's buzzkill, CFPB fair lending, Waters targets Wells: Top stories of the week

12/20/19

Sen. Mike Crapo delivers a crushing blow to pot banking efforts; the CFPB draws notice for its lack of fair lending enforcement; Rep. Maxine Waters says she will call on Wells Fargo board to testify next year; and more from this week's most-read stories.

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Industrial evolution: Black-owned D.C. bank set to expand in New York

12/20/19

Industrial Bank CEO Doyle Mitchell has spent countless hours in New York since his bank bought the failed City National in November, meeting with existing customers and plotting his growth plans.

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Fed, FDIC extend comment period for input on Camels ratings

12/20/19

The two agencies have delayed the deadline for the public to respond to a request for information on the rating system used to score banks' overall health.

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HomeTrust in N.C. sells $160 million in mortgages

12/20/19

The company plans to sell more mortgages in the first quarter, which would bring its loan-to-deposit ratio below 100%.

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There’s a ‘true lender’ fight brewing in California

12/20/19

The state has proposed a law to cap the interest rate on certain consumer loans, but nonbanks aim to skirt it by seeking a rent-a-charter.

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Evans Bancorp turns to acquisition to enter a new market

12/20/19

The New York company will enter Rochester as part of its $35 million purchase of FSB Bancorp.

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