Midwest shopping spree continues for Equity in Kansas
The company, which has completed eight acquisitions since 2015, agreed to buy City Bank and Trust in Oklahoma. ... Read full article
News Topic: Community banking
Search Results
Minority stake sets stage for potential acquisition in Minnesota
Park Financial has agreed to buy shares from one of the founders of Mesaba Bancshares. ... Read full article
Southern Missouri Bancorp makes small deal in its home turf
The company will gain 10 branches and $145 million in loans after it buys Gideon Bancshares. ... Read full article
Flagstar investor to cede controlling interest after secondary offering
An affiliate of MatlinPatterson will reduce its ownership to 48% from more than 60% after selling 8 million shares. ... Read full article
Relief may be in reach for bankers fed up with SARs
Legislation with bipartisan support would raise the threshold for reporting suspicious activity, a goal banks have long sought. ... Read full article
Pennsylvania insurers to sell bank to Northwest Bancshares
Donegal Group and Donegal Mutual Insurance are selling the holding company for Union Community Bank in Lancaster County. ... Read full article
Radius in Boston working with fintech firm on online business checking platform
The internet-only bank plans to offer businesses a way to quickly open accounts online. ... Read full article
Blue Ridge Bankshares files FDIC application to form N.C. bank
The Virginia bank has submitted the paperwork for Carolina State Bank, adding to the list of groups looking to open the state's first de novo since 2009. ... Read full article
Seacoast makes big Orlando push with First Green acquisition
Seacoast's deposits in the central Florida city will increase by 49% after it completes the $133 million acquisition. ... Read full article
Even with Trump's support, pot banking bill may still fall short
Despite bipartisan support, the latest congressional effort to enable the legal marijuana industry's access to the banking system still faces plenty of roadblocks. ... Read full article
CapStar to expand in southeastern Tenn. with Athens Bancshares deal
The company will pay $114 million to gain 10 branches and $482 million in assets. ... Read full article
Tennessee de novo cleared to open
Studio Bank is set to become Nashville's first new bank since 2008. Organizers raised $46 million earlier this year. ... Read full article
Community Banks with the Largest Farm Loan Portfolios
On Mar. 31, 2018. Dollars in thousands. ... Read full article
Innovation checklist for banks stuck in a rut
Chief among the tips shared at Digital Banking 2018 were: be willing to experiment, seek out partners, rethink cost-cutting and small banks should stop making excuses. ... Read full article
Community Banks with the Largest Portfolios of Home Equity Loans
On Mar. 31, 2018. Dollars in thousands. ... Read full article
Strange bedfellows: Trump backs Warren's pot banking bill
In a break with his own Justice Department, President Trump suggested Friday he would sign a bill co-authored by Sen. Elizabeth Warren to protect financial institutions that help legal marijuana businesses. ... Read full article
Looking to solve tech needs, small banks stumble into revenue stream
Developing technology in-house and then licensing it is one way a small bank can build a reputation as an innovator. ... Read full article
Mulvaney’s rationale for firing advisory boards doesn’t hold water
It's tough to explain the bizarre way the CFPB handled the decision to dismiss the members of three advisory councils earlier this week. ... Read full article
Warren floats pot banking bill to help states circumvent federal ban
The bipartisan legislation would enable business in legal-marijuana states to access banking services, removing a key hurdle for a fast-growing industry. ... Read full article
Shareholders once again reject New York Community executive pay plan
President and CEO Joseph Ficalora took a 33% pay cut in 2017, but shareholders still rejected the plan by a wide margin. ... Read full article