Community banking

Banker of the Year: KeyCorp's Beth Mooney

11/26/17

Beth Mooney is taking KeyCorp to new heights through bold deal making and with a relentless commitment to doing what's right for customers, employees and communities.

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Wayne Savings in Ohio adds activist investor to its board

11/26/17

Ancora Advisors has a history of pressing banks and thrift to find buyers.

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Group files application to form national bank in New York

11/22/17

New York Venture Bank would be run be a former Square 1 executive and would feature former CFPB deputy director Raj Date on its board.

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SBA rule change could boost already surging 7(a)

11/22/17

A decision to slash the equity required for most change-in-ownership loans could help the small-business lending program top its recent record.

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Flagstar has survived — now it must reinvent itself

11/21/17

The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. It recent agreement to buy a deposit-rich franchise in California could help it get there.

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CapStar in Tenn. presses Fed to reject investor's change in control notice

11/21/17

CapStar in Tenn. claims Gaylon Lawrence violated the Change in Bank Control Act by building a 10% stake without prior Fed approval. The company is convinced Lawrence's long-term plan includes a hostile takeover.

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Bump in interest income makes up for slower asset growth: FDIC

11/21/17

The agency's Quarterly Banking Profile said banks earned $47.9 billion in the third quarter, helped by a 7.4% increase in net interest income from the previous year.

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HomeStreet investor wants Seattle company to slow its expansion

11/21/17

Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance.

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Pioneering minority-run bank looks to turn the corner

11/20/17

Carver Bancorp, which has spent 70 years serving minorities in Harlem and surrounding neighborhoods, is struggling to turn a profit. As black-run banks nationwide struggle to stay afloat, Carver's CEO insists the institution is on the right track.

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Western Alliance in Ariz. invests in large CDFI

11/20/17

Clearinghouse CDFI will use funds from the $2 million investment to support affordable-housing and economic-development projects in communities and Native American reservations in California, Nevada and Arizona.

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