Community banking

Asian-American bank plans $50 million IPO

07/14/17

Several RBB Bancorp executives and directors, including CEO Alan Thian, will also sell a significant number of shares when the Los Angeles company goes public.

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The credit union for people who breathe air: Comments of the week

07/14/17

Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more.

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Bank loses pay discrimination lawsuit

07/13/17

A community bank gets taken to task by the Equal Employment Opportunity Commission. Tennis player Andy Murray makes his mom — and lots of other women — proud at Wimbledon. Also, the Bank of England's Charlotte Hogg and Morgan Stanley's Naureen Hassan.

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N.C. bank launches hostile bid for much smaller competitor

07/13/17

First Citizens is pressuring KS Bancorp to sell even though the banks' operations overlap in many markets in eastern North Carolina.

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Shedding light on this bank’s tie-up with a solar panel lender

07/13/17

Working with Sungage Financial will help NBT Bancorp diversify its consumer loan portfolio and learn from a fintech startup with a speedy credit approval process.

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WSFS names new auditor and deputy chief risk officer

07/13/17

WSFS is implementing a new internal audit program and shoring up the succession planning in its risk department.

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Fast-growing Live Oak sets stage to raise more capital

07/13/17

The North Carolina company could issue $200 million in new securities over time to fund acquisitions and other investments.

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PACE loans take a hit on their home turf

07/12/17

Property Assessed Clean Energy loans can no longer be offered in unincorporated areas of Kern County, Calif. The controversial loans, meant to promote energy efficiency, began in California and are now offered in a number of states.

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Why more banks could ditch their holding companies

07/12/17

Bank of the Ozarks recently dissolved its holding company in a move that goes against modern banking strategy. There are, however, strong arguments for other institutions to follow the bank's lead.

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Profit rises at Bank of the Ozarks after two acquisitions

07/12/17

The Arkansas bank bought C1 Financial in Florida and Community & Southern Holdings in Georgia last year.

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