News Topic: Community banking

Intense competition for information technology pros is forcing community banks to recruit from outside the financial industry. ... Read full article

The new capital will allow the Austin bank to increase its lending limit. ... Read full article

The forces reshaping small-business lending are also leading to “a moment of reckoning” for small banks, says former SBA head Karen Mills. ... Read full article

The Illinois company will gain six offices after it buys Investors' Security Trust. ... Read full article

New legislation in Iowa that allows banks and credit unions to use electronic notaries could help local lenders compete with online competitors. ... Read full article

The Michigan company said the loan — made to a borrower that plans to shut down its reverse mortgage business — has collateral. ... Read full article

Housing advocates and Democratic lawmakers want to create more protections for tenants of rent-controlled apartments, but they are facing stiff opposition from property owners and the banks that lend to them. ... Read full article

Plinqit, led by a former banker, was developed specifically for community banks as a way to appeal to young customers. ... Read full article

Heightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S. Mexico border. ... Read full article

The city, among the Midwest's most vibrant C&I markets, is luring community banks, as well as giants like PNC and JPMorgan Chase. ... Read full article

The company said it could use proceeds from selling common and preferred stock to increase lending and add branches. ... Read full article

The coastal city quickly rebounded after being hit by Hurricane Harvey in August 2017. ... Read full article

The proposed merger will create a bank with more than $1 billion in assets. ... Read full article

Consolidation activity was ho-hum for most of April before a burst of transactions — and notable ones at that — were announced in the month's final week. ... Read full article

Pinnacle Bank chief Terry Turner never lacks specifics. He wants to expand inside a triangular zone that connects three Southern and mid-Atlantic cities, aims to enter five particular markets, and speaks bluntly about his plans for hiring alums of BB&T ... Read full article

Bank 34 will no longer sell mortgages in the secondary market as it looks to reduce its reliance on volatile revenue streams. ... Read full article

Triad Business Bank adds to the list of de novo efforts taking place in the state. ... Read full article

Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall. ... Read full article