News Topic: Community banking

There have now been a record 10 credit union-bank merger deals in 2019. ... Read full article

Several megabanks dominate the market, but First Choice is seeking to expand there by catering to its ready supply of midsize businesses. It's not the only one. ... Read full article

On Mar. 31, 2019. Dollars in thousands. ... Read full article

On Mar. 31, 2019. Dollars in thousands. ... Read full article

County Bancorp is a small dairy lender in Wisconsin with an exposure to milk prices, and Bank OZK is a larger bank in Arkansas coping with out-of-market real estate trends. Their stories show how market sensitivities can vex specialists. ... Read full article

Christopher Myers will retire as president and chief executive of CVB next spring, and the California bank says it will hire a search firm to begin seeking his replacement. ... Read full article

As budget questions loom over the most popular Small Business Administration loans, lenders have embraced the previously overshadowed 504 program after a key policy tweak. ... Read full article

CrossFirst Bankshares intends to use the proceeds for general corporate purposes, including support of future growth, according to its SEC registration statement. ... Read full article

The former mutual, which had faced pressure from an activist investor, agreed to be sold to Corporate America Family Credit Union. ... Read full article

The South Dakota company warned that it will charge off millions of dollars in loans to dairy and cattle farmers. ... Read full article

After FASB's decision to give most banks extra time to prepare, lobbying groups are pushing for more. ... Read full article

The decision gives the vast majority of banks and credit unions another year to implement the controversial accounting method for loan losses. ... Read full article

The Connecticut company, which will top that asset milestone when it buys United Financial, says it could buy more banks in coming months. ... Read full article

Piermont Bank, set to open this week, will be the city's second new bank this year. ... Read full article

The company, based in Charleston, S.C., will by Carolina Trust in western North Carolina for $100 million. ... Read full article

The Connecticut company will add heft in its home state and Massachusetts when it buys the former mutual. ... Read full article

Lenders have reduced their holdings of foreclosed one- to four-unit family residences to roughly $2.6 billion of homes, down from more than $14 billion in 2010. Economists expect the trend to continue, but there are red flags to keep an eye on. ... Read full article

Credit quality and loan growth are also topics of interest, but industry observers say the second quarter could separate the haves from have-nots when it comes to low-cost funding. ... Read full article