Distrust of large institutions makes this the year of the community bank
Community banks should jump at the chance to show consumers and policymakers how different they are from big banks. ... Read full article
Community banks should jump at the chance to show consumers and policymakers how different they are from big banks. ... Read full article
Here are five ancillary business lines that lately have appealed to community banks pursuing new sources of loans or fee income. ... Read full article
Dorothy Savarese and Rebeca Romero Rainey now chair two important trade groups … Mary Lynn Lenz, Patti Husic and Terry Jorde weigh in; Barclays CEO Jes Staley talks hiring diverse leaders and how to keep them; and more. ... Read full article
Gary Armstrong, former Richmond, Va., market president for Park Sterling will have a similar role at Bay Banks. ... Read full article
If President Trump takes a stand against large banks and in support of smaller banks, he would be following the legacy of the nation’s seventh president. ... Read full article
The California bank has hired an outside firm to review its loans and will de-emphasize health care lending. ... Read full article
By cutting back on paperwork requirements and regulatory red tape, policymakers can unleash the power of community banks to spur lending and economic growth. ... Read full article
For the first time, the chairmen of the American Bankers Association and the Independent Community Bankers of America are women, marking an important milestone for the industry. ... Read full article
Loans, deposits and revenue all rose solidly compared to a year earlier. ... Read full article
With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line. ... Read full article
Eastern Bank developed its own online lending platform to compete with the likes of Kabbage and OnDeck. It might now be able to cash in by licensing to other banks. ... Read full article
If offering a national regulation option to fintech players is the carrot, compliance with commonsense borrower protections could be the stick in promoting responsible financial innovation. ... Read full article
The banking trade group confirmed that it has run a formal bidding process to find a partner. ... Read full article
The company said it could use proceeds for repaying debt and acquisitions, among other things.age%22:Hz�/̘ ... Read full article
Independent members of HopFed Bancorp's board sent a letter to Joseph Stilwell complaining that their largest investor had rebuffed several efforts by CEO John Peck to schedule a meeting. ... Read full article
The merger will create a bank with more than $4 billion in assets. ... Read full article
With Republicans in control of Congress and the White House, smaller banks see a window of opportunity. ... Read full article
Income from derivative fees climbs 47%. ... Read full article
James Helt had previously served as the president of ACNB’s bank. ... Read full article
First Merchants in Muncie, Ind., has agreed to buy Arlington Bank in Upper Arlington, Ohio. ... Read full article