Community banking

Small businesses turning far more often to online lenders: Fed

04/16/19

The findings of a new survey suggest that banks risk becoming irrelevant unless they match the speedier processes that are a key selling point for online lenders.

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Banks, credit unions trade blows in court on field of membership

04/16/19

While NCUA lawyers fielded questions about the possibility of redlining, a three-judge appeals panel showed skepticism about other elements of the ABA's arguments against changes to credit union membership rules

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Comerica offers Plan B after deposit decline

04/16/19

The Dallas regional assured analysts that it has ample sources of liquidity to fund its expected loan growth.

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Michigan de novo surpasses capital goal, plans May opening

04/15/19

MiCommunity Bancorp, which will be Michigan's first new bank since the financial crisis, raised $30 million in initial capital.

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Signature Bank launches business to serve venture capital firms

04/15/19

The New York company formed the nationwide group after hiring a team of former Square 1 bankers.

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ConnectOne makes bold digital play with deal for online loan exchange

04/12/19

The New Jersey company agreed to buy BoeFly, which connects franchisors, small businesses, lenders and loan brokers.

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Red River in Louisiana plans $30M initial public offering

04/12/19

The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions.

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How Miami's smaller banks are protecting their turf

04/12/19

Lenders in South Florida are making tech upgrades and building scale to contend with bigger banks squeezing the market.

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M&A, pot banking and more reg relief: What's on the minds of midsize bank CEOs

04/11/19

In a roundtable discussion, the heads of four banks called on Congress to move on CRA modernization and address the cannabis conundrum, while dismissing arguments that midsize banks need to merge to stay competitive.

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De novo group aims to open first Utah bank in decade-plus

04/11/19

Organizers of the Bank of St. George have filed an application with the FDIC and state regulators and plan a public stock offering.

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