News Topic: Community banking

The Seattle company rebranded as WaFd Bank to address confusion that it might have ties to the federal government. ... Read full article

The FDIC's latest report on deposit market share shows the nation's seven biggest banks flexing their muscles, while smaller banks' market share gets smaller. ... Read full article

The loan participation has been flagged for potentially fraudulent activity. ... Read full article

An increase in credit union acquisitions of banks has been a blow to the morale of many commercial bankers, and some of their trade organizations are trying to slow down the trend. There may be little they can do. ... Read full article

The fifth-generation banker, who has already been serving as a central bank governor, was confirmed by the U.S. Senate in a 60-31 vote. ... Read full article

First Community Bankshares will buy Highlands Bankshares for $91 million. ... Read full article

Banks are taking back more farmland through foreclosure than at any point in the past three years as low crop prices, epic flooding and the Trump administration’s trade spat with China have left many farmers struggling to pay their debts. ... Read full article

The company says its exposure involves a participation loan to a business customer for which it was the originator. ... Read full article

Academy Bank in Kansas City, Mo., which shuttered nearly a quarter of its branches between 2015 and 2018, is now in expansion mode. Its CEO explains his renewed affinity for brick and mortar. ... Read full article

Hal Schroeder of FASB claims that investors have no confidence in the current loss standard. Several investors at a prominent accounting conference disagree. ... Read full article

The unnamed borrower was the victim of an alleged scam by another company. ... Read full article

A proposed combination of First Defiance and United Financial is designed to create an Ohio company that can better weather shocks from lower rates and economic uncertainty. ... Read full article

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

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

The deal between First Defiance and United Community would create a $6 billion-asset bank. ... Read full article

Skip Brown, an executive with the the Winston-Salem Banking Group, says it has signed a letter of intent to buy a community bank three months after withdrawing a charter application. ... Read full article

Prosecutors are investigating the involvement of Ashton Ryan and another executive in the New Orleans bank's 2017 collapse, a federal judge recently wrote in a decision on a related matter. ... Read full article

Treasury Secretary Steven Mnuchin has told large U.S. financial institutions including Goldman Sachs and American Express they should do more to help black- and women-owned community banks win federal contracts. ... Read full article