Community banking

Fed's ownership rule could open door to more activist investors

02/18/20

Clearer standards make it easier for shareholders to boost their stakes in banks without having to file for bank holding company status.

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LendingClub to acquire Radius Bancorp for $185 million

02/18/20

The online lender's deal for Boston-based Radius would be the first in history in which a fintech buys a mainstream bank.

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Nicolet to buy bank near Milwaukee

02/18/20

The company will pay $130 million for Commerce Financial Holdings.

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Nebraska bank is first failure of 2020

02/14/20

Ericson State Bank, which had been in regulators’ sights for a decade, was closed by state and federal authorities Friday. Another bank acquired all of its deposits and a fraction of its assets.

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Fulton in Pa. revises 4Q profit after commercial loan becomes uncollectable

02/14/20

A large charge-off and additional loan-loss provision reduced quarterly profit by 12%, to $47.8 million.

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The big squeeze: Banks pushed to hike pay at inopportune time

02/13/20

The tight labor market and public pressure to raise minimum wages are expected to nudge noninterest expenses upward in a year when the watchword is cost control.

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L.A. bank, big investor clash over approaches to serving underbanked

02/13/20

Broadway Financial prefers a small balance sheet and loans to real estate investors that offer affordable housing. Capital Corps and its founder, Steven Sugarman, want the bank to expand by making more loans directly to low- and moderate-income borrowers.

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Community banks need reg relief that is more than skin deep

02/13/20

Congress should further expand a tiered regulatory system to help community banks better serve local neighborhoods.

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Heartland banks have a new worry in turbulent ethanol business

02/12/20

Ag lenders say the Trump administration’s waivers for oil refineries threaten another source of revenue for corn growers and ethanol makers.

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Broadway Financial in California pressed to sell by Sugarman-led group

02/12/20

Capital Corps, founded by former Banc of California CEO Steven Sugarman, wants the minority-run Broadway sold to a buyer that serves low- and moderate-income borrowers.

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