Community banking

Dollar Bank seeking heft around Pittsburgh with Standard acquisition

09/25/20

The mutual bank has agreed to pay $158 million for Standard AVB Financial, which has 17 branches in Pennsylvania.

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Orrstown in Pennsylvania to close branches, cut jobs

09/24/20

The moves are intended to offset a protracted period of historically low interest rates and expectations of higher credit costs in 2021.

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How a New York bank merger came together during the pandemic

09/24/20

A deal between Dime Community and Bridge Bancorp was delayed, and nearly derailed, by the coronavirus outbreak. Here’s how the two sides kept it on track.

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Organizers plan de novo bank in San Francisco area

09/24/20

New Enterprise Bank, which would focus on serving "innovative firms," plans to open next year.

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How Cross River Bank gathered $250 million in deposits in 15 days

09/22/20

Partnering with the account-opening software firm Mantl, the New Jersey bank created a CD campaign that helped fund its Paycheck Protection Program lending.

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Live Oak outpaces larger rivals in moving core system to public cloud

09/21/20

The North Carolina bank deployed Finxact's new technology, which runs on Amazon Web Services, to make Paycheck Protection Program loans and will use it next to offer business savings accounts and CDs.

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Pressure mounts on U.S. bank regulators to stress test for climate change

09/20/20

Lenders should be subjected to tough reviews of their readiness for economic threats posed by severe weather, required to disclose risks lurking in their portfolios and perhaps forced to set aside extra capital, a government study recently recommended.

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Byline in Chicago joins list of community banks closing branches

09/18/20

The company will shutter a fifth of its locations, while reinvesting some of the savings in its digital banking platform.

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How a tweak to the Federal Home Loan banks could save cities

09/16/20

Congress should pass legislation that would allow Home Loan banks to backstop deposits by local governments at commercial banks and lower the cost of bond financing, two mayors argue.

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Northwest Bancshares in Pa. to close fifth of its branches

09/14/20

The company joins a growing list of banks shuttering locations as customers flock to digital channels.

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