Community banking

Terminated bank deal in Texas takes nasty turn

09/27/18

Hanmi Financial wants SWNB in Houston to pay a termination fee, citing "material breaches" of covenants tied to their now-defunct merger agreement.

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Why this fintech pulled its FDIC charter application

09/27/18

Colin Walsh, Varo Money's CEO, learned a lot from his first stab at deposit insurance. Lesson one: Work with one regulator at a time.

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Central Pacific in Hawaii taps director as next CEO

09/27/18

Paul Yonamine will succeed Catherine Ngo as the company's leader next month. Ngo will continue to run Central Pacific's bank.

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Credit union to buy Alabama branches from Synovus

09/26/18

Jefferson Financial Federal Credit Union will gain three locations, along with $138 million in loans, as part of the transaction.

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Are SBA loans for underserved in jeopardy?

09/26/18

Some lenders fear a moratorium on new participants, and other restraints, could be the beginning of the end for the agency's Community Advantage program.

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Banks go to high school to find next-gen talent

09/25/18

Gen Z recruits add a fresh perspective and provide a talent pipeline for the future, bankers say.

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OCC puts another nail in thrift charter's coffin

09/24/18

A proposal to let certain thrifts operate like national banks blurs the line even further between the two institution types.

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Revere Bank raises $47M through public offering

09/24/18

The bank's public offering comes three years after it raised $16 million in a private placement.

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Equity continues buying spree with Oklahoma branch deal

09/24/18

The Kansas company has agreed to buy thee offices from MidFirst Bank.

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Touting work-life balance isn’t just lip service at this community bank

09/23/18

A challenging diagnosis for her son prompted a senior executive to make changes at work, and Old National Bank's reaction offers a lesson for those serious about retaining female leaders.

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