Community banking

Fintech vendors keep reinventing themselves, and banks struggle to keep up

07/31/18

Vendors keep merging, and new ones keep forming. For banks, the change brings access to more options, but shorter relationships.

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Bank organizers zone in on Arizona

07/31/18

At least six groups are exploring opening new banks in the state, which is enjoying an economic recovery and has a dearth of local financial institutions.

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Colony Bankcorp picks up executives, branch from neighboring Ga. bank

07/30/18

Colony Bankcorp has recruited two executives in addition to buying a branch and a vacant lot from Planters First Bank.

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Why bank M&A has been so quiet in the Northeast

07/30/18

Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis.

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Bankers’ testimony could loom large in Manafort trial

07/27/18

The roster of of potential witnesses at the trial of President Trump's former campaign manager includes current and former employees of Citizens Financial Group, Banc of California and The Federal Savings Bank.

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The weak spot in banks’ cyberinsurance

07/27/18

A community bank in Virginia thought the $2.4 million hackers stole from its customers would be fully covered by its insurance policy, but its carrier begged to differ. Their highly technical legal fight is a cautionary tale for all bankers who assume they are sufficiently covered.

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App gap poses threat to community banks

07/27/18

Small banks are being warned to slow down mobile tool development and check vendor arrangements, as researchers repeatedly find vulnerabilities that can be exploited by cybercriminals.

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Bankers lobby for 11th-hour changes to CECL standard

07/27/18

The industry continues to push for leniency as the clock ticks toward adoption of the drastic change to how banks account for expected loan losses.

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