News Topic: Community banking

Year to date through Sep. 30, 2018. Dollars in thousands. ... Read full article

Midwest BankCentre in St. Louis, with the help of a stable of fintechs, started Rising Bank to keep up with big banks in the hunt for deposits and millennial customers. ... Read full article

Some companies on SourceMedia’s Best Fintechs to Work For list offer their employees extra time off to live boldly. ... Read full article

The federal banking agencies will not hold a hearing on a proposal to reduce the number of residential real estate transactions that require an appraisal. ... Read full article

Richard Marotta, who became Berkshire Hills' CEO after his predecessor's abrupt resignation, says his top priorities are squeezing more profit from existing operations and improving corporate culture. ... Read full article

The Indiana company will pay $68 million for Citizens First. ... Read full article

Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. ... Read full article

Bankers are eager to expand there through M&A, de novos or other means, encouraged by strong employment and disruption created by recent consolidation. ... Read full article

As large banks put stronger fraud monitoring and authentication technology in place, fraudsters have been turning to small banks, like Kennebunk Bank on the coast of Maine. Here's how it fought back. ... Read full article

The Illinois company will pay $46 million for a bank that is a fraction of its size. ... Read full article

Fairwinds Credit Union will buy Friends Bank. It is the third time this year that the Florida bank has agreed to sell to a credit union. ... Read full article

Bridgeview Bancorp floated its name with 14 potential buyers, but it only attracted serious interest once it promised to divest a mortgage business that recorded a double-digit decline in fee income last year. ... Read full article

Central National Bank rebranded as Stride Bank to move away from a name with overused words. ... Read full article

The company has agreed to buy Preferred Bancshares in a deal set to close by mid-2019. ... Read full article

HomeStreet Bank will attempt to sell its stand-alone mortgage business and portfolio of servicing rights, a move that comes amid growing pressure from an activist investor to exit home lending and concerns about declining demand and regulatory challenges. ... Read full article

They all agree that legislation is needed, but the two approaches being offered are exposing tensions. ... Read full article

While proponents contend the model could help reach the underbanked, there remain many arguments against it. ... Read full article

Banks and credit unions are experimenting with ways to maximize margins in an environment where the yield curve is flat, depositors want them to pay up and they fear the Fed could actually cut rates. ... Read full article