News Topic: Community banking

Colony Bankcorp has recruited two executives in addition to buying a branch and a vacant lot from Planters First Bank. ... Read full article

Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis. ... Read full article

The roster of of potential witnesses at the trial of President Trump's former campaign manager includes current and former employees of Citizens Financial Group, Banc of California and The Federal Savings Bank. ... Read full article

Small banks are being warned to slow down mobile tool development and check vendor arrangements, as researchers repeatedly find vulnerabilities that can be exploited by cybercriminals. ... Read full article

A community bank in Virginia thought the $2.4 million hackers stole from its customers would be fully covered by its insurance policy, but its carrier begged to differ. Their highly technical legal fight is a cautionary tale for all bankers who assume they ... Read full article

The industry continues to push for leniency as the clock ticks toward adoption of the drastic change to how banks account for expected loan losses. ... Read full article

The credit union, which plans to keep all of Oculina Bank's employees, will also provide more products and services. ... Read full article

Richwood Bancshares will get closer to $1 billion in assets after it buys Home City Financial. ... Read full article

Veritex will take advantage of accounting rules in its deal for Green Bancorp, a larger bank with lingering energy exposure. ... Read full article

Organizers of Dogwood State Bank want to open Raleigh's first new bank since the financial crisis. ... Read full article

The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares. ... Read full article

The company will pay $191 million for Skagit Bancorp, a deposit-rich bank in Washington's North Sound region. ... Read full article

The $54 million purchase of Pilgrim Bancshares will give Hometown branches in all three regions of Massachusetts. ... Read full article

The bank, which would be only the second to call the Motor City home, would hire 500 people there while maintaining most of its workforce in Midland. ... Read full article

The Ohio company said low unemployment is keeping business clients from expanding, while higher asking prices are forcing it to avoid bank acquisitions. ... Read full article

The $26 million acquisition will allow Summit to enter two new counties in its home state. ... Read full article

Florida created headaches for the Georgia company during the financial crisis. Increased discipline, and wholesale changes to banking, make the $3 billion purchase of FCB Financial less risky, CEO Kessel Stelling says. ... Read full article

The Mississippi company will also gain its first branches in southern Georgia as part of the $80 million deal. ... Read full article