Community banking

Insider promoted as part of succession plan at Washington bank

07/10/18

Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.

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A bank organizer's first big decision? Coming up with a name

07/10/18

Branding can help define a de novo's strategy — and be costly and confusing to change if not done well.

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Acquisitions possible for Coastal Financial after IPO

07/10/18

Coastal Financial in Everett, Wash., said that it could be active in M&A with capital from its IPO and that it has already identified several possible targets.

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Mich. bank hires rivals to double size of mortgage division

07/10/18

Level One Bank in Farmington, Mich., has hired a team of mortgage bankers from MB Financial, which previously announced it was shutting down this business line.

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'Doomed'? Fintech partnerships are vital

07/10/18

Despite some criticisms of the strategy, community banks should continue to pair up with fintech companies that can help them expand their digital offerings.

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Big shift in store for Walmart's largest banking partner

07/09/18

Woodforest National in Texas has relied heavily on hundreds of in-store branches and overdraft fees to boost revenue. That is starting to change.

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Denver bank becomes latest institution to go public

07/09/18

First Western Financial in Denver could use the roughly $31 million it is hoping to raise to pay off debt and redeem preferred shares.

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Group plans new bank in Washington

07/09/18

VisionBank is the second de novo effort that would focus on the nation's capital.

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Small banks are told they are targets for launderers

07/09/18

A money-laundering scandal at Denmark's largest bank has prompted increased regulatory scrutiny at larger banks, so criminals may try to filter dirty money at smaller institutions, a regulator warned.

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Manafort mortgage bought bank CEO spot as Trump adviser: prosecutors

07/07/18

A new court filing suggests that Stephen Calk was named to a 13-member economic advisory team in 2016 in exchange for approving a $9.5 million loan to former campaign manager Paul Manafort.

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