Community banking

Mulvaney’s rationale for firing advisory boards doesn’t hold water

06/07/18

It's tough to explain the bizarre way the CFPB handled the decision to dismiss the members of three advisory councils earlier this week.

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Warren floats pot banking bill to help states circumvent federal ban

06/07/18

The bipartisan legislation would enable business in legal-marijuana states to access banking services, removing a key hurdle for a fast-growing industry.

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Shareholders once again reject New York Community executive pay plan

06/07/18

President and CEO Joseph Ficalora took a 33% pay cut in 2017, but shareholders still rejected the plan by a wide margin.

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CEO succession plan outlined at Ga. bank

06/07/18

Ameris Bancorp said that Edwin Hortman will step down as president and CEO in July but will continue as chairman.

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Lending to restaurant franchises proves tempting, but has the moment passed?

06/07/18

Live Oak is the latest bank to jump into this niche lending area. But some warn they are beginning to see cracks in credit quality.

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Acquisition to further expand First Midwest's reach in Chicago suburbs

06/07/18

First Midwest Bancorp has agreed to buy Northern States Financial in Waukegan, Ill., for $91 million.

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First Internet to raise $50M to support growth

06/07/18

First Internet Bancorp in Fishers, Ind., which went public in 2013, could also use the capital for acquisitions and other investments.

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Senate passes bill to boost SBA lending

06/06/18

The bill is one of two SBA-related measures the Senate approved late Tuesday and sent to President Trump to sign into law.

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What made a Georgia bank pivot from IPO to sale?

06/06/18

Brand Group in Georgia was mulling a public offering but it opted to test the waters as a seller first. That decision led to one of the biggest deals announced this year.

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52 pickup: What Flagstar saw in Wells Fargo Midwest branches

06/05/18

The low-cost deposits that come with the deal should fund the Michigan company's effort to become a commercial lender.

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