News Topic: Community banks

While Noah Bank’s CEO has been accused of self-dealing in connection with SBA loans, its chairman says the directors had a succession plan ready to go and are rallying to rescue the bank’s reputation. ... Read full article

Community and regional institutions' survival could hinge on their ability to access large troves of data. ... Read full article

More businesses are considering moving away from cash and checks, according to a recent survey by Citizens. That should be a wake-up call to smaller institutions, said Michael Cummins, who oversees treasury solutions at the regional bank. ... Read full article

While some of the biggest institutions are already rapidly developing new technologies, it’s important that community banks also tap the power of artificial intelligence and machine learning. ... Read full article

The company, which has invested $3 million in fintech in recent years, said the value of the portfolio is nearing $14 million. ... Read full article

On Dec. 31, 2018. Dollars in thousands. ... Read full article

On Dec. 31, 2018. Dollars in thousands. ... Read full article

The chairwoman of the House Small Business Committee promised to block action on the agency's budget unless it can justify its fee-hike request. ... Read full article

In 2016, a big-bank consortium said that it would charge the same prices to all institutions, regardless of their size. But now the group has added a large caveat to that pledge. ... Read full article

With an implementation deadline less than a year away, bankers will be pressed to detail how a new accounting rule for loan losses will affect reserves, earnings and capital. ... Read full article

Jill Castilla, CEO of Citizens Bank of Edmond, has taken steps to help her bank stand out from the crowd. ... Read full article

New banks need to add loans to turn a profit. The problem for many is finding the lenders necessary to make that happen. ... Read full article

Community Bank of the Carolinas must raise about $4 million before becoming the state’s first new bank since the financial crisis. ... Read full article

On Dec. 31, 2018. Dollars in thousands. ... Read full article

On Dec. 31, 2018. Dollars in thousands. ... Read full article

Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth. ... Read full article

Simple math only partly explains why smaller lenders are adding commercial and industrial loans at a faster clip than their larger counterparts. ... Read full article

Big banks’ edge lies in their sizable presence in faster-growing cities, not any unfair structural or regulatory advantages, according to a new report by the Bank Policy Institute, which represents large financial services companies. Community banks beg to ... Read full article