Community banking

Treasury offers minority-owned banks lifeline, and JPMorgan pitches in

05/15/19

Under the Treasury Department's Financial Agent Mentor-Protégé program, JPMorgan Chase is advising two black-owned banks on working with the agency in ways that could boost their fee income.

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Slowdown, CRE, BB&T-SunTrust: What has bankers on edge

05/15/19

Ask 453 bankers their forecasts on loan demand and the economy, or their feelings about the BB&T-SunTrust merger, pot banking as well other hot issues, and a clear picture emerges. Promontory Interfinancial Network recently did just that, and here our five takeaways from the results.

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Did BNY Mellon violate ‘code of conduct’ in dealings with a community bank?

05/14/19

The New York bank says it acted appropriately in withholding the collateral on a loan to a developer that First Foundation Bank later refinanced. First Foundation’s CEO begs to differ.

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CapStar taps outsider as its next leader

05/14/19

The Nashville, Tenn., company hired Tim Schools from Highlands Bancshares to succeed founding CEO Claire Tucker.

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Keystone in Texas raises $31M, buys a branch

05/14/19

The new capital will allow the Austin bank to increase its lending limit.

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Even small banks have to get creative to find IT talent

05/14/19

Intense competition for information technology pros is forcing community banks to recruit from outside the financial industry.

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Data privacy, AI, regulation: Small-business lending is changing fast

05/14/19

The forces reshaping small-business lending are also leading to “a moment of reckoning” for small banks, says former SBA head Karen Mills.

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First Busey to buy South Florida wealth management firm

05/13/19

The Illinois company will gain six offices after it buys Investors' Security Trust.

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Banks, credit unions find common ground in electronic notary push

05/13/19

New legislation in Iowa that allows banks and credit unions to use electronic notaries could help local lenders compete with online competitors.

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Flagstar discloses exposure to $69M commercial loan

05/13/19

The Michigan company said the loan — made to a borrower that plans to shut down its reverse mortgage business — has collateral.

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