News Topic: Community banking

The company is buying a homebuilder finance portfolio with $47 million in loans and $80 million in commitments. ... Read full article

The credit union regulator's portfolio sale dashed the hopes of a group of New York taxi drivers looking for relief. ... Read full article

Zember abruptly resigned as CEO of Ameris Bancorp last summer. ... Read full article

David Brager, the California company's sales division manager, will replace Christopher Myers on March 16. ... Read full article

The company will nearly double the amount of marine loans on its books after buying a division from People's United. ... Read full article

The challenge for other fintechs will be to find banks that are as compatible as Radius Bank, an online-only lender, is for LendingClub. ... Read full article

Clearer standards make it easier for shareholders to boost their stakes in banks without having to file for bank holding company status. ... Read full article

The online lender's deal for Boston-based Radius would be the first in history in which a fintech buys a mainstream bank. ... Read full article

The company will pay $130 million for Commerce Financial Holdings. ... Read full article

Ericson State Bank, which had been in regulators’ sights for a decade, was closed by state and federal authorities Friday. Another bank acquired all of its deposits and a fraction of its assets. ... Read full article

A large charge-off and additional loan-loss provision reduced quarterly profit by 12%, to $47.8 million. ... Read full article

The tight labor market and public pressure to raise minimum wages are expected to nudge noninterest expenses upward in a year when the watchword is cost control. ... Read full article

Broadway Financial prefers a small balance sheet and loans to real estate investors that offer affordable housing. Capital Corps and its founder, Steven Sugarman, want the bank to expand by making more loans directly to low- and moderate-income borrowers. ... Read full article

Congress should further expand a tiered regulatory system to help community banks better serve local neighborhoods. ... Read full article

Ag lenders say the Trump administration’s waivers for oil refineries threaten another source of revenue for corn growers and ethanol makers. ... Read full article

Capital Corps, founded by former Banc of California CEO Steven Sugarman, wants the minority-run Broadway sold to a buyer that serves low- and moderate-income borrowers. ... Read full article

Regulators are alarmed about banks' rising exposure to high-risk corporate credits and want more data on how they would perform in a recession. ... Read full article

The Iowa company will pay $280 million to gain 25 branches and $1.2 billion in loans. ... Read full article