News Topic: Community banking

JWTT, created by former Wedbush Securities bankers, says it will use its connections to court business from other investment banks that were recently sold. ... Read full article

Nearly a tenth of the industry’s deals this year were connected to the state, which boasts a good number of sought-after small banks. ... Read full article

The company will pay $42 million in cash for the parent of Main Street Bank in southeastern Michigan. ... Read full article

The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal. ... Read full article

The company will pay $29 million for Cornerstone Financial Services. ... Read full article

The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy. ... Read full article

Regulators have redefined a simplified capital measure for community banks following criticism that their 2018 proposal did not go far enough. ... Read full article

Private Bancorp of America is the latest bank to report a borrower issue in connection with a high-profile fraud case tied to liquor licenses. ... Read full article

First Commerce Credit Union's agreement to buy Citizens Bank brings to 14 the number of deals this year in which a credit union is buying a bank. ... Read full article

The company will offer deposit-related services to firms with permits for hemp and CBD. ... Read full article

Regulators are letting banks choose from among four security frameworks, but some observers are urging a more prescriptive approach. ... Read full article

The company agreed to buy Tennessee Community Bank Holdings, which has operations just west of Nashville. ... Read full article

On Jun. 30, 2019. Dollars in thousands. ... Read full article

On Jun. 30, 2019. Dollars in thousands. ... Read full article

A seller's assets and deposits lose some luster if the best and brightest who helped bring in the business leave after a deal closes. ... Read full article

The West Virginia company, which invests heavily in fintech firms, bought Chartwell Compliance in Maryland. ... Read full article

The largest financial institutions have a golden opportunity to capture more market share because of the under-40 crowd’s decided preference for digital banking, J.D. Power says. Yet so do nonbanks. ... Read full article

Geographic scale and low-cost funding are the foundation of a good deal, seasoned bank acquirers said in a panel discussion. ... Read full article