Community banking

N.J. governor establishes public bank task force

11/13/19

Gov. Phil Murphy signed an executive order Wednesday establishing a board that would come up with a plan to create a public bank in New Jersey.

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Eagle in Maryland discloses spike in watch list loans

11/13/19

Such credits, which reflect borrowers with financial challenges, increased significantly during the third quarter.

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GOP senator tries to block commercial firms from becoming banks

11/13/19

Sen. John Kennedy, R-La., has proposed a bill to bar companies such as Rakuten from using industrial loan companies to access the banking system.

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Equity Bancshares in Kan. discloses material weakness tied to internal controls

11/13/19

The issue, tied to how the company reconciles corporate accounts to its general ledger, is not expected to impact past financial statements.

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Will Iberiabank's no-premium deal touch off big-bank M&A wave?

11/12/19

The Louisiana company's willingness to combine with First Horizon without a big initial payday is fueling talk that other banks could be keen on selling at relatively inexpensive prices.

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Organizers planning bank in Southern California

11/12/19

A group has filed paperwork with the FDIC to form Legacy Bank in Temecula.

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Fulton Financial buys wealth management business

11/12/19

The Pennsylvania company gained $67 million in assets under management as part of the acquisition.

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People's Utah rebrands its banks as Altabank

11/12/19

The company, which plans to become Altabancorp, said the initiative removes brand confusion and puts its size and scale on display.

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Banks want a Camels overhaul, but chiming in is risky

11/11/19

Many in the industry have cheered regulators’ interest in improving the supervisory rating system, but they may shy from commenting publicly about their experiences in a confidential process.

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Bank M&A in 2019: Pace up, premiums down

11/11/19

Dealmaking through early November is slightly ahead of last year's clip thanks to a recent flurry of merger announcements. However, excluding BB&T-SunTrust, values and multiples are shrinking.

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