The Small Business Credit Availability Act aims to double the debt-to-equity ratio for business development companies. Increased leverage could spur more lending to small and midsize borrowers. ... Read full article
American Banker’s award winners for 2017 had moments in their careers where hard knocks taught an indelible lesson, they trusted their gut or they listened to good advice. Here is a takeaway from each of their stories. ... Read full article
Eagle is trying to debunk claims by Aurelius Value that CEO Ronald Paul and other directors are involved in an insider loan scheme. Eagle dismissed the report as an effort by short sellers to manipulate its stock. ... Read full article
Guaranty Federal Bancshares in Springfield, Mo., has agreed to buy Hometown Bancshares in Carthage, Mo. ... Read full article
The $528 million acquisition ends months of speculation that the foreign-owned banks were pursuing a deal. ... Read full article
For her entrepreneurial spirit and for bringing hometown banking back to Baltimore, Mary Ann Scully has been named a 2017 Banker of the Year award winner. ... Read full article
A lot of lenders say they're dedicated to customer service, but here are six instances when Amarillo National Bank — whose CEO is one of our Banker of the Year award winners for 2017 — went above and beyond the normal call of duty. ... Read full article
Ware has been named a 2017 Banker of the Year award winner for transforming the family-owned bank into a highly profitable community lender that takes calculated risks and prides itself on treating employees and customers well. ... Read full article
Malvern Bancorp’s restatement of nearly four years of results worked out in its favor, but it had to acknowledge — and explain — the reason: Outside accountants spotted a problem in its financial-reporting controls. ... Read full article
Integrity is set to become the third Houston-area bank acquired by Independent in recent years. ... Read full article
The pilot could help the agency improve its image after past criticism of slow responses to catastrophes. ... Read full article
The trade group wants Equifax to reimburse community banks for costs tied to the massive data breach at the credit bureau this year. The ICBA also wants a court to order Equifax to improve its security measures. ... Read full article
FCB will pay $88 million in cash and stock for Floridian in a deal that will boost its operations near Miami. ... Read full article
A New York banker who mastered the art of buying low and selling high, broke industry norms and learned from his mistakes in commercial real estate, Kanas became a model regional bank builder and a central figure in the post-crisis recovery. ... Read full article
The company agreed to pay $169 million for First Evanston Bancorp in Illinois. ... Read full article
Bay Bancorp shareholders will get the added payouts if the Maryland bank's management settles a lawsuit and addresses a number of bad credits. ... Read full article
HomeStreet's CEO said mortgage expansion and bank acquisitions — concerns highlighted recently by Blue Lion Capital — are helping the company diversify. ... Read full article
Beth Mooney is taking KeyCorp to new heights through bold deal making and with a relentless commitment to doing what's right for customers, employees and communities. ... Read full article
Ancora Advisors has a history of pressing banks and thrift to find buyers. ... Read full article
New York Venture Bank would be run be a former Square 1 executive and would feature former CFPB deputy director Raj Date on its board. ... Read full article
