News Topic: Community banking

The recent string of positive news for the banking industry, from lower corporate taxes to less regulation, is starting to feel like a distant memory. ... Read full article

Forcht Bancorp in Corbin, Ky., has agreed to buy Watch Hill Bank for roughly $27 million in cash. ... Read full article

Joe Reilly, who co-founded then ran Centrix Bank, was appointed to the boards of Provident Bank in Amesbury, Mass., and its holding company. ... Read full article

Some community banks are partnering with fintech accelerators or creating their own to get on the cutting edge and get a leg up on their competitors. ... Read full article

Thomas Fraser will step down as president and CEO of First Federal Lakewood and instead focus on overseeing the mutual's holding company. ... Read full article

With more permanent fixes not yet gaining enough traction, recent attempts to clarify marijuana banking rules through appropriations are also falling flat. ... Read full article

Five of the year’s biggest deals by value have been announced in the last two months, including some that involve regional banks that have been champing at the M&A bit. ... Read full article

M&A activity has picked up in recent weeks as several regional banks have struck big deals. Is it a blip or a sign of what's to come? ... Read full article

William Wagner, chairman and CEO of Northwest Bancshares, will retire as the company prepares to cross $10 billion of assets. ... Read full article

Judge says agency should not exist; the Fed says the largest banks are “strongly capitalized” and could withstand a severe crisis. ... Read full article

Denver-based P2Binvestor plans to use the new funds to expand its bank partnership program. ... Read full article

A team of economists surveyed by the American Bankers Association also believe that unemployment could reach new lows. ... Read full article

A new rule from the NCUA is designed to curry more favor with judges by establishing a detailed application process for expansion-minded credit unions. Banks complain it would be too permissive. ... Read full article

CB Financial Services said its current CEO, Barron McCune Jr., was retiring and would be replaced by its president. ... Read full article

The company agreed to aquire United Bancorp. for $51 million. ... Read full article

Old National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition. ... Read full article

First Western in Colorado and Coastal Financial in Washington are the latest banks to disclose plans to go public. ... Read full article

Several leaders have retired after spending years preparing their banks for the regulatory milestone. ... Read full article