Community banking

Credit union to buy Colorado branches from Liberty Savings

01/14/20

Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits.

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Colorado banking group asks state regulator to halt credit union-bank deal

01/14/20

The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust.

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Activist investor pressures Virginia bank to sell

01/14/20

Driver Management wants shareholders of Community Bankers Trust to push the Richmond company to find a buyer.

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Loan payoffs likely to accelerate in 2020

01/13/20

Lower rates and more nonbank competition will make it harder for banks to keep loans on their books as business borrowers have plenty of opportunities to refinance elsewhere.

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Manafort's banker seeks to move his trial from New York to Chicago

01/13/20

Stephen Calk and the bank where he formerly served as CEO are both arguing that his bribery trial should be held in Illinois. Prosecutors oppose the move.

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Security Bank in Tennessee to buy neighboring lender

01/13/20

The bank will top $500 million in assets after it acquires F&M Bancshares.

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Banks try pooling resources to help defray AML costs

01/12/20

A North Carolina group is trying to take regulators' cue to work together. A successful effort could encourage others to follow its lead.

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Bank planned in nation's capital secures FDIC approval

01/10/20

Organizers of Founders Bank in Washington are still need to raise at least $25 million before opening.

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Midwest banks resist urge to loosen lending standards

01/09/20

Even in the face of soft loan demand, banks in the region have held firm on terms. That should position them well for the next economic downturn.

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Credit union to acquire seven TCF branches in Arizona

01/09/20

Alaska USA Federal Credit Union will nearly double its operations in Phoenix after it buys the locations.

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