Community banking

Sterling in Michigan facing Justice Department probe of mortgage practices

03/09/20

The company disclosed that an internal review of a now-discontinued loan program found that employees engaged in misconduct tied to income verification and requirements, among other things.

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How Citi is helping a minority-owned bank get back on its feet

03/06/20

Unity National Bank of Houston, which has reported losses three straight years, is receiving guidance and resources from Citigroup through a Treasury mentoring program.

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Farmers and Merchants in Maryland to buy neighboring bank

03/06/20

The company will pay $25 million in cash for Carroll Bancorp in a deal between Baltimore-area banks.

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'Too big to fail' is alive and Wells

03/06/20

Wells Fargo remains the TBTF poster child and regulators continue to do too little to address the problem. And as always, small banks suffer collateral damage.

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De novo activity has gone silent. What happened?

03/05/20

Challenging business conditions, exacerbated by coronavirus fears, have disrupted organizers' planning efforts.

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Unity Bancorp in N.J. braces for BSA-related consent order

03/05/20

The company said it expects to enter into the order with the FDIC and its state regulator later this month.

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Don’t fear big-bank competition. Lean into it.

03/05/20

The best community banks layer human-facing services with new technology to beat the heavyweights in their market.

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LendingClub-Radius deal faces high regulatory hurdles

03/04/20

Compliance, risk management and staffing will likely come under added scrutiny as regulators lay out a framework for future fintech-bank mergers.

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Tennessee bankers start to assess tornado damage

03/04/20

Recovery from a massive storm that touched down near Nashville is in its early stages, but bankers are looking at fee waivers and increased access to cash for those who were affected.

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Veteran banker aims to bring back the multibank holding company

03/03/20

Richard Herrington's buyout pitch to smaller banks is to offer them a way to survive and keep their local brands.

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