Community banking

Wintrust plays small ball with Oak Bank acquisition

02/20/19

The Illinois company will pay $46 million for a bank that is a fraction of its size.

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Florida remains hotbed for deals between credit unions, banks

02/20/19

Fairwinds Credit Union will buy Friends Bank. It is the third time this year that the Florida bank has agreed to sell to a credit union.

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Why this bank had to find two buyers

02/19/19

Bridgeview Bancorp floated its name with 14 potential buyers, but it only attracted serious interest once it promised to divest a mortgage business that recorded a double-digit decline in fee income last year.

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Oklahoma bank's plan to differentiate? A unique name

02/19/19

Central National Bank rebranded as Stride Bank to move away from a name with overused words.

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Texas Independent to expand in Houston with bank purchase

02/18/19

The company has agreed to buy Preferred Bancshares in a deal set to close by mid-2019.

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HomeStreet acquiesces to activist investor, will sell mortgage unit

02/15/19

HomeStreet Bank will attempt to sell its stand-alone mortgage business and portfolio of servicing rights, a move that comes amid growing pressure from an activist investor to exit home lending and concerns about declining demand and regulatory challenges.

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Big, small banks have different ideas on how to fix pot banking

02/14/19

They all agree that legislation is needed, but the two approaches being offered are exposing tensions.

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One group's plea to move mutuals off endangered list: Relax de novo standards

02/14/19

While proponents contend the model could help reach the underbanked, there remain many arguments against it.

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North Carolina de novo receives FDIC approval

02/13/19

Now the organizers of American Bank & Trust must raise $20 million to open the state's first new bank since the financial crisis.

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Balance-sheet pressures weigh heavily on community lenders

02/13/19

Banks and credit unions are experimenting with ways to maximize margins in an environment where the yield curve is flat, depositors want them to pay up and they fear the Fed could actually cut rates.

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