Equipment finance surge shows no signs of letup
As tax reform spurs demand, a rising rate environment is making the short-term loans more appealing to banks. ... Read full article
News Topic: Community banking
Search Results
Community bank launches digital account targeting the unbanked
AxiomGo is being offered to customers seeking alternatives to prepaid cards and traditional checking accounts. ... Read full article
Millennial workers can help community banks compete
Small institutions need to rethink their approach to younger employees, giving them more opportunities and responsibilities — and borrowing from their digital know-how. ... Read full article
Georgia bank to be sold to credit union
LGE Community Credit Union has a deal to acquire Georgia Heritage Bank. It's the fourth time this year a credit union has agreed to buy a bank. ... Read full article
‘Strong, quiet passion’: What to expect from ICBA’s new chief
Rebeca Romero Rainey, while known as compassionate banker and less of a firebrand than her predecessor at the trade group, will take firm stands for small banks on reg relief, innovation and fair play, say those who know her. ... Read full article
Critics of FHLB membership rule aren’t thrilled with prospect of repeal
A bill to allow captive insurance companies to be reinstated as members of the Federal Home Loan Bank System appears to be dividing the FHLB community. ... Read full article
National Commerce adds heft in Florida with Premier Community purchase
The Alabama company will enter Sarasota, Fla., after buying Premier for $52 million. ... Read full article
MutualFirst in Ind. reaches compromise with activist investor
Ancora Advisors will place a representative on MutualFirst's board in exchange for supporting the company's director nominees and other policies. ... Read full article
Great Southern to sell branch network in Omaha, Neb.
The company will also sell $58 million in deposits to West Gate Bank. ... Read full article
QCR Holdings in Ill. to buy family of financial firms
The $6 million acquisition will add four businesses with a total of $700 million in assets under management. ... Read full article
FDIC still on track to hit key deposit insurance target early
In an update on the Deposit Insurance Fund, FDIC staff said the fund's ratio of reserves to estimated deposits will likely reach the required 1.35% level by the second half of 2018. ... Read full article
Buyers acquire taste for deposit-rich banks
More buyers, spurred by increased lending and an improved economy, are pursuing deals for banks with an abundance of cheap deposits. ... Read full article
Another group plans de novo in Florida
Gulfside Bank, which would be based in Sarasota, is angling to become southwest Florida's first new bank in a decade. ... Read full article
Accounting gaffe surfaces at First Bancorp in Puerto Rico
The San Juan company disclosed an error in the way it calculated the provision for losses in its commercial loan book. ... Read full article
The de novo bug is spreading
Organizers want to open the first new bank in Michigan since 2009, while a third group in Florida has filed a de novo application. ... Read full article
Community Banks with the Largest Portfolios of Home Equity Loans
On Dec. 31, 2017. Dollars in thousands. ... Read full article
Community Banks with the Largest Farm Loan Portfolios
On Dec. 31, 2017. Dollars in thousands. ... Read full article
Three private-equity funds sell shares in Texas bank
Independent Bank Group said the funds had become shareholders after it bought Carlile Bancshares last year. ... Read full article
ICBA to House GOP: Don’t obstruct reg relief
Independent Community Bankers of America CEO Camden Fine said his group “will not participate in making the perfect the enemy of the good” when it comes to further amending the regulatory relief bill. ... Read full article
Even with reg relief, community bankers worried about future
While optimistic about the economy, bankers at this year's ICBA convention are still concerned about credit unions and other nonbanks, the role of technology, weakness in the agricultural sector and succession planning. ... Read full article