News Topic: Community banking

Wells Fargo remains the TBTF poster child and regulators continue to do too little to address the problem. And as always, small banks suffer collateral damage. ... Read full article

Challenging business conditions, exacerbated by coronavirus fears, have disrupted organizers' planning efforts. ... Read full article

The company said it expects to enter into the order with the FDIC and its state regulator later this month. ... Read full article

The best community banks layer human-facing services with new technology to beat the heavyweights in their market. ... Read full article

Compliance, risk management and staffing will likely come under added scrutiny as regulators lay out a framework for future fintech-bank mergers. ... Read full article

Recovery from a massive storm that touched down near Nashville is in its early stages, but bankers are looking at fee waivers and increased access to cash for those who were affected. ... Read full article

Richard Herrington's buyout pitch to smaller banks is to offer them a way to survive and keep their local brands. ... Read full article

The San Diego bank is struggling to renegotiate a partnership with the tax preparation firm to address caps on interchange fees. ... Read full article

MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company. ... Read full article

The company agreed to buy Advantage Community Bancshares weeks after announcing a deal for Commerce Financial. ... Read full article

The Minnesota bank is locked a bitter legal battle to preserve its independence. Its foe? The charitable organization set up by its founder. ... Read full article

Credit unions could be feeling some of the heat from critics of their bank takeovers, or simply gearing up for another round of activity. ... Read full article

The companies spent much of the past decade completing smaller deals that created complementary footprints in the Southeast. ... Read full article

Lineage Financial Network, led by former Franklin Financial CEO Richard Herrington, plans to acquire Sumner Bank and Citizens Bank. ... Read full article

The debate centers on whether guidance on credit union-bank mergers is necessary. ... Read full article

Though the agency plans to give more credit unions authority to issue subordinated debt, limited investor appetite and other factors could hamper activity. ... Read full article

The FDIC’s Quarterly Banking Profile said lackluster net interest income, likely resulting from lower short-term interest rates, drove a decline in fourth-quarter and full-year earnings. ... Read full article

Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening. ... Read full article