Bank acquisition in Houston stalls after investors fail to approve it
SWNB Bancorp was unable to secure enough votes to back its proposed sale to Hanmi Financial. ... Read full article
SWNB Bancorp was unable to secure enough votes to back its proposed sale to Hanmi Financial. ... Read full article
The company said that Michael Segner had also succeeded Stephen Mourlam as its president. ... Read full article
The new rule will raise the asset threshold for firms eligible for the Small Bank Holding Company and Savings and Loan Holding Company Policy Statement. ... Read full article
Richard Murray IV was named chairman, succeeding John Holcomb III. Murray replaced Holcomb as CEO last year. ... Read full article
See the perks employees get at the 85 financial institutions that made our sixth annual Best Banks to Work For list. ... Read full article
Employees at First Federal Savings & Loan Association of Pascagoula-Moss Point love to eat, so much so that they started raising money for charity by selling lunches. ... Read full article
Michael Towbes, the owner of Montecito Bank & Trust who passed away last year, launched a program in 2003 that gives $1 million away to charities each year. ... Read full article
Inspired by the book "How Fargo of You," Bell Bank has an awards program that recognizes employees with a talent for the little touches that matter to customers. ... Read full article
Chip Mahan, founder of Live Oak Bank, believes that if employees have their needs outside work met, they will work better with customers. ... Read full article
Oakworth Capital Bank, which topped our 'Best Banks' list this year, takes a broad view of wellness by providing employees with free healthy snacks and classes on time management. ... Read full article
Organizers of new banks want to cater to underbanked minorities, entrepreneurs, military veterans and other specialized groups. ... Read full article
Year to date through Jun. 30, 2018. Dollars in thousands. ... Read full article
Bank 7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011. ... Read full article
The decision to adopt the name Axos Bank seems to put more distance between the company and its Internet roots. ... Read full article
Year to date through Jun. 30, 2018. Dollars in thousands. ... Read full article
The agency says it will act independently of other regulators to release a notice asking for public input on revamping the decades-old law. ... Read full article
It’s great for bragging rights, but when banks make large investments in technology they run the risk of irritating investors who think they’re spending too much money for too little payback. ... Read full article
The move is important for new banks in states like California, where a small-business lending program requires a three-star rating from the agency. ... Read full article
Lakeland will expand its operations in three counties in its home state of New Jersey with the $57 million acquisition. ... Read full article
Before the passage of the recent regulatory relief law, only banks with assets of less than $1 billion were on an 18-month exam schedule. ... Read full article