News Topic: Community banking

The new accounting standard won’t make community institutions safer, though implementation is proving burdensome and could restrict access to credit, argues Rep. Blaine Luetkemeyer. ... Read full article

Year to date through Dec. 31, 2018. Dollars in thousands. ... Read full article

Year to date through Dec. 31, 2018. Dollars in thousands. ... Read full article

Just nine bank merger pacts were announced in February, down from 17 in January. But they included the biggest deal in years and some other interesting storylines. ... Read full article

Franklin Financial, which was recently freed from a memorandum of understanding, has installed interim leaders following its founding CEO's retirement and his son's resignation. ... Read full article

Six senior executives at Chemical and TCF will move into similar roles when the merger closes later this year. Chemical Bank's current CEO, Tom Shafer, will become president of the combined bank, reporting to CEO Craig Dahl. ... Read full article

Several banks could lose money over tax credits tied to DC Solar, a California firm wrestling with a fraud claim. ... Read full article

The California company could charge off $15 million because of allegedly fraudulent acts by an employee at one of its correspondent customers. ... Read full article

Valley Bank spent millions on bank acquisitions under its previous CEO. Its new leader has taken a markedly different approach. ... Read full article

Pacific Mercantile and P2Bi are collaborating on a program to help businesses that are not ready for traditional bank financing. ... Read full article

Karen Mills, who led the Small Business Administration from 2009 to 2013, is joining the Eastern Bank spinoff Numerated as an adviser and investor as it tries to bring online-lending technology to community banks. ... Read full article

SalesPhysics was created by industry veterans who once worked at Bank of America. ... Read full article

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank. ... Read full article

Concerns about an economic slowdown, rising deposit prices and cybersecurity abound, a survey found. ... Read full article

The former credit union will shed its mutual status when it becomes a fully stock-owned company. ... Read full article

Vince Liuzzi previously served as chief banking officer at DNB First in Pennsylvania. ... Read full article

Kelly Skalicky has succeeded her father as CEO of the Minnesota bank. ... Read full article

Gulf Atlantic Bank would be the eighth bank in the market, and just the second with local ownership. ... Read full article