Community banking

Fed seeks to clarify bank control framework

04/23/19

The Fed board unveiled a proposal Tuesday to standardize how investors owning less than one-quarter of a bank can determine who holds a "controlling" stake and therefore must register as a bank holding company.

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Activist investor to fight for HomeStreet board seats

04/23/19

Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.

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Synovus struggles to win back investors despite early success integrating FCB

04/23/19

CEO Kessell Stelling said he thinks about Synovus' depressed stock price daily, even though his team is ahead of schedule cutting costs from a deal that closed in January.

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First Commonwealth to enter central Pennsylvania with Santander branch deal

04/22/19

The acquisition also includes $525 million in deposits and $120 million in loans.

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Banner Bank to sell loans, deposits in Idaho to credit union

04/22/19

Spokane Teachers Credit Union will transfer the assets and liabilities to a nearby branch.

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Small core providers see de novos as a ‘land grab’ opportunity

04/18/19

Alternative providers like courting new banks. De novos like the modern features many alternative providers offer upfront.

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Small businesses turning far more often to online lenders: Fed

04/16/19

The findings of a new survey suggest that banks risk becoming irrelevant unless they match the speedier processes that are a key selling point for online lenders.

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Banks, credit unions trade blows in court on field of membership

04/16/19

While NCUA lawyers fielded questions about the possibility of redlining, a three-judge appeals panel showed skepticism about other elements of the ABA's arguments against changes to credit union membership rules

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Comerica offers Plan B after deposit decline

04/16/19

The Dallas regional assured analysts that it has ample sources of liquidity to fund its expected loan growth.

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Michigan de novo surpasses capital goal, plans May opening

04/15/19

MiCommunity Bancorp, which will be Michigan's first new bank since the financial crisis, raised $30 million in initial capital.

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