Community banking

Who's new in the Most Powerful Women rankings for 2017

09/29/17

Wondering who is new to the rankings of the Most Powerful Women in Banking and Finance? Here’s an overview of the changes. Plus we recap all of the stories so far, including the top team winners, a feature on CIT Group’s Ellen Alemany, and New York regulator Maria Vullo’s op-ed on the Fearless Girl statue.

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Washington Trust's next CEO looks to double down in R.I.

09/28/17

Ned Handy, who will take the helm in March, wants to be more aggressive luring deposits in the company's home state. That should reduce the company's reliance on other funding sources to support loan growth.

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BSA issue forces another bank to withdraw a merger application

09/27/17

Washington Federal has pulled its application to buy Anchor Bancorp after regulators flagged issues tied to its BSA systems and processes. The companies said they remain committed to the deal.

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Old Line to gain more traction in Baltimore with latest acquisition

09/27/17

The company has agreed to buy Bay Bancorp for $129 million in stock.

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Preparation pays off for MainSource in sale talks

09/26/17

The Indiana company's board knew what it wanted from a potential buyer, and that helped it as it negotiated one of this year's biggest bank deals.

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Washington Trust in R.I. lines up CEO succession

09/26/17

Joseph MarcAurele will retire as chairman and CEO in March. The company's president and chief operating officer, Ned Handy, will take the helm.

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First Reliance in S.C. raises capital to fund latest acquisition

09/26/17

The company, which agreed to buy Independence Bancshares, also brought in $25 million by selling common and preferred stock.

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Merchants Bancorp in Ind. is latest bank to plan IPO

09/26/17

The company is looking to raise about $115 million. A portion of the proceeds would help pay for Merchants' pending purchase of Joy State Bank.

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CenterState in Fla. taps next bank president

09/26/17

Mark Thompson had previously been a CenterState regional president overseeing the south Florida market.

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More diverse ownership could save black-owned banks, author says

09/25/17

In a new book, Mehrsa Baradaran argues that the same forces of poverty that African-American banks were supposed to alleviate are now holding them back.

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