Community banks

Dogwood State raises $28M to expand across North Carolina


The bank, formed in 2019 when investors bought and recapitalized Sound Bank, will use the funds to hire lenders and improve its overall infrastructure.


How banks are helping Texans cope with a 'nightmare'


From delivering water door to door to turning offices into shelters, bankers in the state have adapted their hurricane-response plans to offer customers and employees relief from the past week's snow emergency and power outages.


Can bankers really make the world a better place?


In his new book, the Princeton lecturer and financier J.C. de Swaan contemplates what it means to be virtuous in a financial system that prioritizes profits and shareholder returns.


Wells Fargo invests in six Black-owned banks


Aside from the cash infusions, the San Francisco-based bank will assign dedicated teams to provide the lenders with financial, technology and product expertise.


Managing excess liquidity getting tougher for banks


Comerica, Citizens Financial and other companies are buying up securities, paying off high-cost borrowing and trying to develop specialty lending niches. But loan growth remains weak, and the likelihood of extreme volatility in deposits makes it hard to plan ahead.


Wings Financial to buy another bank


The Minnesota credit union’s deal for Brainerd Savings & Loan comes about 11 months after it bought Neighborhood National Bank in Minnesota.


IPO done, expectations mount for Eastern Bankshares


Speculation is swirling that the Boston company will go on a buying spree after raising $1.8 billion, though some investors are advising caution. This tension makes CEO Bob Rivers one of our community bankers to watch in 2021.


What community banks don't know about digital is hurting them


There’s an alarming gap between how small and large banks view the importance of digital engagement, according to a recent survey by Celent and Arizent.


Happy State expanding share of West Texas market with acquisition


The Amarillo bank is buying First National Bank of Tahoka, continuing the industry’s consolidation in the state.


Pennsylvania bank would more than double assets with first M&A deal


The $62.7 million merger of Linkbancorp and Gratz Bank would create a company with over $800 million of assets and nine branches stretching from Harrisburg to the Philadelphia suburbs.