News Topic: Community banking

With the three deals, Triumph is beefing up in Colorado, expanding into New Mexico and strengthening its asset-based lending unit. ... Read full article

Four banks have agreed to be sold to credit unions this year. Expect more deals between the longtime nemeses because the smallest banks are of less interest to other banks than they used to be, and some credit unions are in growth mode. ... Read full article

While industry consolidation picked up in 2017, certain regions did better than others, with strong volume and improved pricing. Here’s a look at each region. ... Read full article

Struggling to find quality loans in the grueling Philadelphia market, Beneficial Bank is looking to accelerate growth by building a nationwide leasing firm from the ground up. ... Read full article

The deal for Retirement Plan Services, which provides recordkeeping for employers nationally, is NBT's fourth acquisition of a retirement services firm since 2015. ... Read full article

As lawmakers consider reforms to the Dodd-Frank Act, fresh data shows a dramatic reduction in new items issued by the regulatory agencies. ... Read full article

Millennium Bank in Tennessee has quickened approval times on loan applications by using software that frees lenders from repetitive, manual tasks. The result: Loan balances have increased by more than 50% in less than two years. ... Read full article

KS Bancorp, which is trying to avoid a hostile takeover, may be facing a skirmish with an activist investor over one of its board seat. ... Read full article

Community banks are slowly warming up to the pricey technology to reduce their reliance on branches, speed up transactions and provide convenience for customers. ... Read full article

The San Diego company said the deal will bring in low-cost deposits and create a new source of fee income. ... Read full article

China’s threat to impose hefty tariffs on dozens of U.S. imports could weaken demand for soybeans, pork and other agricultural products. Here's what that could mean for farmers, ranchers and the banks that lend to them. ... Read full article

Forget ROA and efficiency ratio. When it comes to buying stakes in small banks, many investors are looking at indicators like commodities prices, executives' ages and city-by-city market conditions. ... Read full article

Everytown for Gun Safety says that its recommended guidelines are similar to banks' know-your-customer principles. ... Read full article

Marlin will originate and sell equipment loans and leases to Varadero Capital in a move that will provide the lender with a new source of funding. ... Read full article

First International Bank plans to rename the company Kotapay, while expanding services that include handling direct deposit and credit card processing for financial firms. ... Read full article

United Community in Georgia tried hiring Lynn Harton in 2006, but he took another job. They kept in touch, and he's now poised to become the company's CEO. ... Read full article

David Kemper is set to hand the reins over to his son, John, this summer. ... Read full article

The Treasury's recommendations come as federal bank regulators have indicated they will soon release a proposal to reform Community Reinvestment Act policy. ... Read full article