News Topic: Community banking

The New York company formed the nationwide group after hiring a team of former Square 1 bankers. ... Read full article

The New Jersey company agreed to buy BoeFly, which connects franchisors, small businesses, lenders and loan brokers. ... Read full article

The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions. ... Read full article

Lenders in South Florida are making tech upgrades and building scale to contend with bigger banks squeezing the market. ... Read full article

In a roundtable discussion, the heads of four banks called on Congress to move on CRA modernization and address the cannabis conundrum, while dismissing arguments that midsize banks need to merge to stay competitive. ... Read full article

Organizers of the Bank of St. George have filed an application with the FDIC and state regulators and plan a public stock offering. ... Read full article

The decade-old rule, now under review, is outdated and another example of one-size-fits-all regulation, community bankers say. ... Read full article

The company warned that the move will likely reduce its first-quarter profit by $8 million. ... Read full article

Gateway Mortgage Group’s dream of being a national, diversified financial services player will hinge on its effort to turn a community bank into an online-only platform. ... Read full article

Sloane, who died on Saturday, refused to bulk up on commercial real estate loans, a move that helped him survive two severe economic downturns. ... Read full article

Jill Castilla, CEO of Citizens Bank of Edmond, has taken steps to help her bank stand out from the crowd. ... Read full article

The moves are part of an ongoing effort by the Seattle bank to largely exit mortgage lending. ... Read full article

The companies had planned to make Chemical CEO David Provost the new leader before October's market gyrations led them to break off talks. When they revisited the deal, several things changed — including Provost's role. ... Read full article

The Tennessee company has set up a $3.5 million reserve associated with the unnamed borrower. ... Read full article

Community banks are relying more on analytics, incentives and business partnerships in hopes of stemming an outflow of deposit relationships. ... Read full article

The North Carolina company was hit with a tax penalty tied to its purchase of Chattahoochee Bank of Georgia. ... Read full article

The company plans to use the new capital to pursue growth opportunities. ... Read full article

The Montana company agreed to buy Heritage Bancorp for $241 million. ... Read full article