Orrstown locks down small acquisition in Pennsylvania
The company agreed to pay $32 million for Mercersburg Financial. ... Read full article
The company agreed to pay $32 million for Mercersburg Financial. ... Read full article
Fulton Financial, Univest Corp. of Pennsylvania and Franklin Financial disclosed a total of $75 million in exposure to the commercial relationship. ... Read full article
County Bancorp in Manitowoc, Wis., posted record profits in the first quarter after completing an acquisition last year. ... Read full article
A group in North Carolina has finally gone public with its brand, and three other de novos have already been rebranded. ... Read full article
Blue Gate Bank, which opened in January 2017, is being sold to Big Poppy Holdings. ... Read full article
More than a third of banks formed from 2006 to 2008 no longer exist. Leaders of three banks still in business share their tips on how they have remained open — and relevant. ... Read full article
Seneca-Cayuga Bancorp wants a limited-use charter to maneuver around a New York law that bars mutuals from working with municipalities. ... Read full article
Stock Yards Bancorp in Louisville, Ky., has named James Hillebrand as its next CEO when David Heintzman retires later this year. ... Read full article
Despite Tuesday's blip, many bank have seen double-digit gains in the months since the Dodd-Frank reform law was unveiled. There's good reason to think the run-up will continue. ... Read full article
The company will also acquire three branches in Worcester County, Mass., when it buys the parent of Milford National Bank and Trust. ... Read full article
Year to date through Mar. 31, 2018. Dollars in thousands. ... Read full article
Year to date through Mar. 31, 2018. Dollars in thousands. ... Read full article
The London interbank offered rate will likely be replaced by a new reference rate that critics say is better suited for the derivatives market than it is for commercial lending. ... Read full article
Lenders would have a lighter data-reporting burden, but they may end up deciding to collect the data anyway. ... Read full article
CEO Bruce Lee believes a multicharter model, which many other banks have scrapped, gives the Iowa company an edge in smaller markets. ... Read full article
The Pennsylvania company agreed to pay $17 million for Community First. It is Emclaire's third bank acquisition deal since early 2016. ... Read full article
Organizers of Scottsdale Community Bank plan to raise a minimum of $16 million. ... Read full article
An activist investor, which opposed two director nominees, failed to obtain the legally required approval from the Seattle company's state bank regulator before launching its challenge. ... Read full article
As President Trump signed the regulatory relief bill into law on Thursday, most of the attention was on a provision to help regional banks with more than $50 billion of assets. But a majority of the new law is aimed at helping institutions below $10 ... Read full article
A competitive job market and improved security protocols are pushing more banks to consider letting employees work remotely. ... Read full article