Community banking

HarborOne expands New England mortgage business with latest acquisition

01/31/18

The Massachusetts bank — and former credit union — bought Cumberland County Mortgage in Maine.

[more]

There's always another job for a turnaround specialist

01/31/18

Thomas O’Brien made a series of aggressive cuts at Sun Bancorp in New jersey before orchestrating its sale to OceanFirst.

[more]

McHenry Bancorp in Ill. raises capital to meet regulatory standards

01/31/18

The company, which raised $23 million through a private placement, had a 6.97% total capital ratio at Dec. 31.

[more]

A year after longtime CEO's passing, successor tackles twin challenge

01/30/18

Hadley Robbins had a difficult task stepping in after Melanie Dressel's unexpected death last year. Now he must find ways to keep expanding without disrupting a system that has proved successful.

[more]

Coastal Bank in N.C. turns to private placement to raise $8 million

01/30/18

The bank said it plans to use proceeds from the placement to expand its operations.

[more]

Union in Va. adds heft in wealth management with latest acquisition

01/30/18

The company will add $600 million in assets under management when it buys a Roanoke, Va., firm.

[more]

DOJ tells First Financial to ditch five MainSource branches

01/29/18

The divestitures are necessary to get the Justice Department to sign off on First Financial's $1 billion purchase of MainSource Financial.

[more]

Guaranty Bancshares to enter Houston with Westbound Bank deal

01/29/18

The Texas company will gain four branches and $160 million in loans after the acquisition closes.

[more]

Triumph Bancorp plans to exit health care lending

01/29/18

The Dallas company has agreed to sell its health care lending group to an undisclosed buyer.

[more]

The community outreach tool that might be creating future bankers

01/29/18

Scholarship programs for high schoolers and college students can also promote banking as a viable career option and serve as a channel for bringing in new business.

[more]