Community banks

Heartland discloses delayed closing for AimBank acquisition

08/28/20

The Iowa company said the coronavirus outbreak and litigation against AimBank will postpone the deal's completion by a few months.

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Are public-private partnerships the future of postal banking?

08/28/20

Bankers have long opposed the idea of the U.S. Postal Service taking deposits and making loans directly, but some in the industry are open to the idea of letting banks and credit unions offer services at post offices.

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WesBanco in West Virginia closing 20 branches

08/28/20

The company said migration to digital channels spurred its decision to shutter locations across five states.

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Banks in Hurricane Laura's path hopeful their markets were spared worst

08/27/20

Branches in the Gulf Coast region largely avoided massive flooding. Now bankers must assess the impact on employees and customers.

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Postal banking is a solution, but to which problem?

08/26/20

With the USPS emerging as an election-year flashpoint, postal banking is an idea that could gain steam. But a number of proposals are out there, and they have wildly varying implications for financial inclusion.

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Regulators finalize rule changes to help banks weather pandemic

08/26/20

The agencies completed steps to ease a community bank capital measure temporarily and to delay a new credit-loss accounting standard.

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Kasasa rolls out mortgage offering for credit unions

08/25/20

The product, which is also aimed at community banks, includes a "take-back" option that allows consumers to withdraw extra funds they've paid that go beyond their monthly scheduled mortgage payment.

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Credit unions aim to resume bank-buying spree

08/25/20

Whether the number of deals for 2020 can come close to last year's record-setting level will come down to one question: Can community banks generate strong enough profits in the second half to justify their independence?

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What it will take to make the Enterprise-Seacoast deal click

08/21/20

The St. Louis company is gaining a sizable Small Business Administration platform and several niche deposit teams. Keeping those specialists in the fold will be key to the acquisition's success.

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Pandemic throws wrench into banks' budgeting

08/20/20

Executives and boards are bracing for elevated loan losses and stagnant revenue, which will mean more conversations about belt tightening as opposed to added investment.

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