News Topic: Community banking

Though Marlene Caride has no direct experience in the banking industry, she could play a key role in carrying out Governor-elect Phil Murphy’s pledge to create a public bank in the Garden State. ... Read full article

Heritage Commerce will pay $32 million for Tri-Valley in a deal that should be accretive to tangible book value and earnings. ... Read full article

Regional and community banks will offer low-cost or no-cost financial products through Bank On, which has already reached agreements with Regions Bank, Wells Fargo and SunTrust. ... Read full article

Notre Dame Federal Credit Union in Notre Dame, Ind., said late last week that it raised $12 million from a new fund created to provide secondary capital to credit unions, angering bankers who see it as a disturbing trend. ... Read full article

The company agreed to buy PBB Bancorp in Los Angeles just five weeks after completing its last bank acquisition. ... Read full article

Amalgamated in New York wants to enter several left-leaning cities across the country, but it might be tough to find more like-minded banks to buy. ... Read full article

The Fed approved an application giving Natcom Bancshares indirect control over Republic Bank, refusing to take into account claims the transaction imperils the target's S corporation status. ... Read full article

The company will set aside more than $10 million, with most of the provision addressing an issue with a commercial loan. ... Read full article

The $280 million securitization is also expected to boost capital levels and lower Dime's loan-to-deposit ratio. ... Read full article

Gabriel Hamani has been named CEO of BHI USA, the U.S. banking arm of Bank Hapoalim. ... Read full article

With tax reform close to the finish line, bankers are still clear winners from the compromise worked out between House and Senate negotiators. But the bill includes some caveats that might give institutions pause. ... Read full article

Washington Federal in Chicago, which had a clean balance sheet and plenty of capital on Sept. 30, was shuttered shortly after the death of its CEO and regulators' discovery of "substantial dissipation of assets." ... Read full article

The market for initial public offerings was the best since 2014, reflecting a surge in bank stocks and a need to fuel expansion plans. ... Read full article

The planned purchase of Home BanCorp will nearly double the size of First Citizens' branch network in the Sunshine State. ... Read full article

The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions. ... Read full article

For the first time in nearly nine years, an acquirer of a failed bank agreed to purchase only the institution’s insured deposits, making it likely that some customers will not recoup all of their uninsured funds. ... Read full article

The number of deals, overall dollar volume and premiums are on pace to top those from a year earlier, giving hope that even more consolidation will take place in 2018. ... Read full article

A representative from Basswood Capital will become a director in May. ... Read full article