News Topic: Community banking

The New Jersey bank said it will save millions of dollars by eliminating the jobs as well as selling and leasing back some of its real estate. ... Read full article

OceanFirst in New Jersey shuttered more than a third of its branches but says nearly all the customers stuck with the bank because it trained employees to show customers how to go digital. ... Read full article

Rheo Brouillard, the head of SI Financial, finally had a solid offer in hand after more than two years of searching for a buyer. But the resignation 10 days later of the man who made him that offer — Berkshire Hills’ Michael Daly — sent Brouillard ... Read full article

The possible replacement for Libor's volatility raises concern about its viability; new Fed governor says community banks punished for crisis the did not cause. ... Read full article

On Sep. 30, 2018. Dollars in thousands. ... Read full article

On Sep. 30, 2018. Dollars in thousands. ... Read full article

If the government insists on forcing another shutdown, business owners are intent on letting Congress know how much the last one hurt. ... Read full article

In her first speech as a governor, the former community banker and Kansas state regulator highlighted the strengths of smaller institutions and the banking agencies' tailoring efforts. ... Read full article

Regional and community banks are eager to buy branches and hire top performers from the merging companies. ... Read full article

Nine banks agreed to be sold to credit unions last year. Some industry observers believe that number could double this year. ... Read full article

John Asbury says his Virginia bank, soon to be renamed Atlantic United Bank, could eventually stretch from Charlotte, N.C., to Baltimore and take on the big players that dominate those markets. ... Read full article

After essentially failing its 2013 CRA exam, BBVA Compass embarked on an ambitious plan to achieve the highest possible CRA grade. Here’s how it succeeded. ... Read full article

Hometown Financial will merge Abington Bank into Pilgrim Bank. The combined bank will be run by Andrew Raczka, Abington's CEO. ... Read full article

The company will gain four branches in Athens, Ga., as part of the $52 million acquisition. ... Read full article

Volume was steady, but deal values would've been the lowest in years if not for one big, and very intriguing, transaction. ... Read full article

Shareholders in Subchapter S corporations will get some tax relief of their own under a new Treasury Department rule that will let them take a 20% deduction on qualified business income, which includes loan originations and sales. ... Read full article

The company said the move reflects intense competition and a "significant decline" in origination volume. ... Read full article

Bank of Princeton will also buy $190 million in deposits as part of the deal. ... Read full article