News Topic: Community banking

A recent wave of high-premium acquisitions, paired with sweeping regulatory reform, is setting the stage for more large-scale M&A. ... Read full article

A coalition of free-market-oriented groups is calling on Senate Finance Committee Chairman Orrin Hatch to rethink his push for a new tax on credit unions. ... Read full article

Union Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches. ... Read full article

The Indiana company agreed to pay $101 million for the $586 million-asset First Security. ... Read full article

The planned acquisition will add $187 million in assets in the Puget Sound area. ... Read full article

The bill passed by the House took a more cautious approach to relief than prior legislative proposals but has still been hailed by banking industry groups. ... Read full article

Independent's branch network in Denver will nearly triple after it completes the $1 billion acquisition. ... Read full article

MapleMark Bank, which was known as First National Bank of Edgewood when it was bought by an investment group last year, will use the funds to support commercial lending and private banking. ... Read full article

Seacoast in Florida slashed the time it took to make 7(a) loans within months after establishing a partnership with an online lending startup. ... Read full article

A first-in-the-nation ballot initiative would give consumers more control over their personal information, but banks and other companies say that it would amount to a tax on doing business in the Golden State. ... Read full article

Banks were helped by better loan spreads thanks to higher net interest margins, but the recently enacted tax cut helped boost profits by 27% from a year earlier. ... Read full article

The company will snag its first branches in three towns in Connecticut and Rhode Island after buying locations from Webster Financial. ... Read full article

The Asian-American bank agreed to buy SWNB Bancorp for $77 million. ... Read full article

James Ayers' stake in the Tennessee company will drop below 50% after a planned stock offering. ... Read full article

The Chicago company will close 19 branches and eliminate 150 jobs, partially reflecting changing customer preferences. ... Read full article

An effort to oust two directors at the Seattle company was nullified after the investor failed to seek the required approval from the bank's state regulator. ... Read full article

The Nashville company significantly reduced the 2018 earnings projection for its mortgage business. ... Read full article

Citizens Bancshares has agreed to buy Regional Bankshares for $11 million. ... Read full article