Community banking

Axos seeks boost in deposits, fee income with latest niche deal

10/04/18

In what would be its third acquisition in a year, the company formerly known as BofI Holding is buying a firm that clears trades for independent broker-dealers.

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Fed 'listens' to assess impact of rural branch closings

10/04/18

The central bank’s top regulatory official discussed how the Fed is using listening sessions in isolated communities to understand the effect of losing the one bank in town.

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Third Federal's CRA rating cut on shortage of low-income mortgages

10/03/18

The Office of the Comptroller of the Currency lowered the $14 billion-asset thrift in Cleveland to “needs to improve” from "satisfactory."

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FDIC transparency plan seeks to open its inner workings to public

10/03/18

A new agency webpage has information on nearly every aspect of the agency's operations, including de novo applications, bank exams and failures.

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Banks need more ways to pass CRA lending, service tests: Cleveland Fed chief

10/03/18

Better incentives to lend and invest in underserved communities are also worthy of consideration, Loretta Mester says, as regulators try to blend the best of the Community Reinvestment Act with new ideas in updating its rules.

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Regulators clarify how institutions can share AML resources

10/03/18

The agencies issued a joint statement on the types collaborative arrangements that a bank could employ to make BSA/AML compliance more efficient.

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Hanmi files lawsuit blaming SWNB and its board for merger's failure

10/03/18

Hanmi alleges that SWNB's directors actively advised the Houston bank's investors to reject the merger.

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Floodgates open? De novo applications surge at FDIC

10/03/18

Applications this year are more than double the 2017 mark and the most since 2009. But with some fintechs withdrawing their bids, observers are urging caution.

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BOK rebranding in Arizona, Colorado in wake of CoBiz purchase

10/03/18

The regional bank is putting its corporate stamp on branches in the two states.

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A slowdown with a silver lining in community banks’ future?

10/03/18

The economy could “positively slow down in mid-2019” and consumer debt levels are a huge concern, but technology and lessons learned from the crisis could still create opportunity for small banks, says Beneficial’s Gerry Cuddy ahead of a big speech on current conditions.

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