News Topic: Community banking

Tom Meuser, the chairman of El Dorado Savings in California, said he could not get the necessary two-thirds backing from his shareholders because of recent declines in bank stock prices. ... Read full article

Deposit premiums for bank mergers, which topped 10% in 2018 for the first time in years, are expected to keep rising as competition for cheap funding intensifies. ... Read full article

In venturing into what's normally a province of large banks, nbkc in Kansas City, Mo., discovered innovative tax-management and other products that it could offer to its own customers or sell to other banks. ... Read full article

George Scharpf had been the New Jersey bank's leader since 1981. ... Read full article

The $128 million acquisition will provide First Financial with its first branches in Kentucky and Tennessee. ... Read full article

Northeast Bancorp also expects the move to make it more efficient. ... Read full article

River Road Financial has agreed to buy Mississippi River Bank in a deal that will bring in a new CEO. ... Read full article

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

Organizers are planning to raise up to $25 million for Tandem Bank. ... Read full article

Slumping stock prices may force banks to press pause, but the need for low-cost deposits and scale could provide a spark later this year. ... Read full article

Stephen Raffaele has been the bank's president since 2016. ... Read full article

The Pennsylvania company has agreed to buy Forney Financial Solutions. ... Read full article

Bob Mahoney, CEO of Belmont Savings, called Jack Barnes after People's United agreed to buy a Connecticut bank. The banks announced their own merger agreement five months later. ... Read full article

The agencies are weighing a plan to reduce the scope of residential real estate transactions requiring an appraisal, but appraisers have warned that the proposal could have consequences. ... Read full article

A partnership between the mobile carrier and BankMobile could help stripped-down banking and deposit transfer services find a footing among U.S. customers. ... Read full article

A smooth integration of Access National could allow John Asbury, CEO of Union Bankshares, to move a step closer to building a regional franchise that stretches from Baltimore to Hampton Roads. ... Read full article

Several fintechs are testing apps that let customers gain more say over how third parties use their data — and hope to one day be able to give them the power to revoke access to it entirely. ... Read full article

Bank OZK's George Gleason, one of our community bankers to watch in 2019, needs to rein in the Arkansas bank's commercial real estate exposure to placate nervous investors. ... Read full article