Community banking

Reliant to gain niche lending business in acquisition

10/23/19

The Tennessee company has agreed to buy First Advantage, which specializes in financing manufactured housing purchases.

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Rhode Island mutual to gain Connecticut branches via acquisition

10/22/19

Centreville Bank will pay $116 million in cash for PB Bancorp.

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Community Bank System expanding in western N.Y. with latest merger

10/22/19

The company agreed to buy Steuben Trust for $107 million.

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Bank of Southern California adds heft near Los Angeles with CalWest deal

10/22/19

The $32 million merger will create a bank with nearly $1 billion in assets.

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Keys to small banks’ survival: One regulator’s view

10/21/19

Complaints that banks, credit unions and nonbanks compete on an uneven playing field should be heard, just as community banks must take seriously the threats from high-tech rivals, says Julie Stackhouse, a retiring supervision official at the St. Louis Fed.

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ICBA plans major offensive in fight against credit unions

10/21/19

The group's Wake Up initiative will include legislative and regulatory proposals, along with added resources to help members push for a level playing field.

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Fed, FDIC will explore changes to Camels rating system

10/18/19

The two agencies requested comment on the scorecard regulators use to assess a bank's overall health as some question whether ratings are consistently applied.

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Sterling in Michigan selects next CEO

10/18/19

Tom Lopp will succeed Gary Judd at the end of November.

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Vaping deaths could slow pot banking momentum

10/17/19

The Senate Banking Committee chairman said he wants to revise legislation enabling banks to serve marijuana businesses to ensure it does not benefit vaping providers that have sparked safety concerns.

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Regulators offer CECL guidance to aid industry's adoption

10/17/19

The four prudential agencies, which will enforce the new credit loss methodology developed by the Financial Accounting Standards Board, said they want to promote consistency.

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