News Topic: Community banking

Financial Institutions, the parent of Five Star Bank, was hit with a "needs to improve" rating after a review of its activities from 2011 to 2013. ... Read full article

Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer. ... Read full article

BankFirst Financial Services in Columbus, Miss., has acquired HomeFirst, a mortgage services firm. ... Read full article

With substantial regulatory relief within reach, community bankers should use their clout to shape cybersecurity policy and ensure a level playing field for banks and nonbanks, retiring ICBA chief Cam Fine says. ... Read full article

The company's planned purchase of Coastway Bancorp in Rhode Island makes sense since both institutions used to be credit unions. ... Read full article

The National Credit Union Administration’s defense of changes to a field-of-membership rule was challenged by a federal judge on Wednesday, suggesting an American Bankers Association lawsuit against the revisions may be successful. ... Read full article

A customer is claiming that the Chicago bank operates a "predatory" overdraft fee program. ... Read full article

Organizers in Winston-Salem are planning to raise at least $25 million to form Community Bank of the Carolinas. ... Read full article

The deal – expected to close later this year – will be the third credit union acquisition of a bank so far in 2018. ... Read full article

Timothy Zimmerman is optimistic about regulatory relief and the capabilities of the association's next CEO, but he remains wary of nonbank competition and cybersecurity risk. ... Read full article

The SBA may back off of poultry loans after its inspector general determined that farmers are often controlled by big corporations. That could cause headaches for lenders with a focus on that business. ... Read full article

On Dec. 31, 2017. Dollars in thousands. ... Read full article

On Dec. 31, 2017. Dollars in thousands. ... Read full article

The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area. ... Read full article

Bankers should be careful in their push to deregulate, as efforts to roll back some crisis-era rules will likely add new risks to the financial system. ... Read full article

Franklin Synergy and MidFirst both plan to deploy the online lending platform, which according to its creator can render loan decisions in just under three minutes. ... Read full article

KS Bancorp disclosed in a legal filing that an takeover effort by First Citizens is spooking lenders and prompting prospects to delay and cancel plans to move deposits and lending relationships. ... Read full article

The mutual has agreed to buy Cape Ann Insurance, which specializes in personal insurance products. ... Read full article