Community banking

General counsel of failed First NBC pleads guilty to bank fraud

07/02/19

Gregory St. Angelo was part of a loan and tax credits scheme with other senior executives that funneled him more than $50 million, federal prosecutors said.

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CRA credit for fighting climate change: One Fed bank's suggestion

07/02/19

As policymakers mull ways to update the 42-year-old Community Reinvestment Act, economists at the San Francisco Fed have put forth a novel proposal.

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Eagle in Md. adds former Wells executive to board

07/02/19

Theresa LaPlaca, one of four new directors at the company, ran an office Wells formed to address issues tied to its sales and reporting practices.

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ACNB agrees to buy Frederick County Bancorp in Maryland

07/02/19

The $60 million acquisition will allow ACNB, which is based in Pennsylvania, to enter a new market.

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Grant Bancshares is Texas-bound after agreeing to buy First Bank

07/02/19

The deal comes less than a week after the Louisiana company raised nearly $11 million.

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BayCom to enter Denver with TIG Bancorp acquisition

07/02/19

The California company will pay $39.4 million for the parent of First State Bank of Colorado.

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Customers in Pa. warns of earnings hit after mortgage client shuts down

07/01/19

The bank said it could record a $7 million charge in the second quarter after the client unexpectedly closed in May.

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Manafort's banker banned by OCC

07/01/19

The ban, which came to light Monday, will remain in effect until either the final disposition of Stephen Calk’s court case or until it is terminated by Comptroller Joseph Otting.

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Virginia to open first new bank since financial crisis

07/01/19

Trustar Bank is set to debut in northern Virginia in July.

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New Jersey lender rebrands as Blue Foundry Bank

07/01/19

The thrift had been known as Boiling Springs Savings Bank.

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