News Topic: Community banking

The Illinois company agreed to pay $44 million to buy Guaranty Bank, the biggest institution based in Cedar Rapids, Iowa. ... Read full article

The moves could position Christopher Gorman and Don Kimble as potential successors to CEO Beth Mooney. ... Read full article

Readers chime in on banks being problem-solvers, Jamie Dimon’s ties to Trump, a new mortgage app, CFPB catching heat over the Wells Fargo account scandal, and more. ... Read full article

MidSouth Bancorp in Louisiana will cut jobs, close branches and slash its dividend as it works to reduce its energy exposure. ... Read full article

Beacon Community Bank aims to become the first bank to open in Charleston, S.C., in a decade. ... Read full article

Here are 10 banks the investment banking firm KBW says are ripe M&A targets because they are in hot markets, face various growth challenges that make them vulnerable or have private-equity owners looking to cash out. ... Read full article

BCB Bancorp will pay $20 million for Indus American Bank, a New Jersey institution that focuses on the South Asian-American business community. Indus American lost a total of $2.5 million in 2015 and 2016. ... Read full article

Lending and managing money for recording artists and labels can be a profitable niche. But volatile income streams, intellectual property challenges and business model upheaval can trip up the inexperienced. ... Read full article

The Louisiana company, which fired its CEO earlier this year, has been paying a hefty dividend on funds it obtained from the Treasury Department in 2011. ... Read full article

The Montana company has agreed to buy Columbine Capital in a deal that will add five branches and $330 million in loans in Colorado. ... Read full article

There is a great opportunity this year to show the world that Congress can still pass bipartisan, common-sense legislation that helps lift the U.S. economy. ... Read full article

The accounting board has scheduled a meeting that bankers hope will produce eleventh-hour modifications to reserving requirements. ... Read full article

The trade group filed a brief backing an effort by the American Bankers Association to push back against the NCUA's planned revisions to field-of-membership regulation. ... Read full article

Stilwell Group, which has been pressuring the Ohio company to sell itself, fell 36,000 votes shy of taking a board seat. ... Read full article

Former Inter-State Federal account holders believe they were shortchanged by the Missouri mutual's merger. A ruling in their favor could give depositors more power and could undermine what it means to be a mutual. ... Read full article

Mackinac Savings Bank is the first bank acquisition for IBM Southeast Employees’ Credit Union. ... Read full article

The California Reinvestment Coalition is pressing regulators to reject the $700 million bank merger unless PacWest commits more resources to underserved groups in Southern California. ... Read full article

First Federal Lakewood has teamed up with the largest banks in Ohio on a fintech accelerator and invested in Eastern Bank’s tech spinoff, with the goal of staying relevant. ... Read full article