News Topic: Community banking

Facing pressure to act on gun control laws, the Omaha bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card." ... Read full article

Harrison Finance has 35 offices, nearly 140 employees and about $95 million of outstanding loans. ... Read full article

Organizers aiming to open a de novo just outside Charlotte say there's a need for a new community bank after several years of consolidation in the market. ... Read full article

Stilwell Group and Jeffrey Thorp will gain board seats in exchange for a vow to refrain from waging proxy battles against MB Bancorp. ... Read full article

The company will still use the building for its main office, but it will move its administrative staff to another building. ... Read full article

The Chicago bank is denying a report that its CEO, Steve Calk, made $16 million in mortgage loans to former Trump campaign chairman Paul Manafort in exchange for a job in the White House. ... Read full article

Bank consolidation in the city has picked up in recent months despite erratic oil prices and flooding tied to Hurricane Harvey. ... Read full article

The internet giant, SunTrust, Ally and other backers have invested $16 million in a new funding round for Greenlight Financial Technology, further blurring the lines between banks and tech companies. ... Read full article

The Puerto Rico-based bank failed in 2015. The FDIC, its receiver, is seeking unspecified economic and punitive damages from 16 lenders, including Bank of America, Barclays and Credit Suisse. ... Read full article

First Citizens, which wants to buy KS Bancorp, has filed a lawsuit to challenge a so-called poison pill provision that the much smaller bank's board recently passed. ... Read full article

The Michigan company has been acquisitive lately, buying California branches and a wealth advisory firm. ... Read full article

Choice, which has a history of acquisitions, is buying a financial institution that largely focuses on business banking. ... Read full article

Bob Rivers, CEO of Eastern Bank, was praised and criticized after he called out a Boston sports radio station whose on-air personalities made insensitive remarks. The incident underscores why bankers must be mindful about the positions they take. ... Read full article

Superior Choice Credit Union in Superior, Wis., will purchase Dairyland State Bank. It is the second deal announced this year where a credit union plans to buy a bank. ... Read full article

The company could use proceeds from the planned offering to add branches and make bigger loans. ... Read full article

Triumph Bancorp has developed technology to help freight brokers make faster payments to truckers, charging a fee for the service. ... Read full article

Just two months after a capital infusion, First Capital Bancshares added banking veterans including John McCoy and Harvey Glick as directors in a board overhaul, changed CEOs, and decided to move its corporate headquarters to Charleston, S.C. ... Read full article

Their partnership aims to make it easier for community banks and other institutional investors to vet loans that they could buy from online lenders. ... Read full article