Growth strategies

NCUA extends comment period for credit union-bank purchase proposal

03/30/20

The regulator formally announced the 60-day delay on Monday after tweeting about it over the weekend.

[more]

Coronavirus throws digital banking into the crucible

03/19/20

The surge in online and mobile use is a high-profile test for the industry — and could foreshadow a permanent consumer shift.

[more]

Bankers monitoring financial health of senior care facilities

03/17/20

Lenders are concerned that the coronavirus outbreak will increase vacancies and add to credit risk.

[more]

Coronavirus, U.S. Bank's opportunism, CFPB sues Fifth Third: Top stories of the week

03/13/20

From scams to watch out for to the role banks play in an SBA virus loan program, news about the pandemic's impact was everywhere. Also: As State Farm bows out, U.S. Bank seizes an expansion opportunity; CFPB sues Fifth Third for allegedly opening phony accounts; and more from this week's most-read stories.

[more]

Provident in N.J. to surpass $10B in assets with SB One acquisition

03/12/20

The company will enter an affluent New Jersey county and a key New York market with the $209 million deal.

[more]

HomeTrust reverses course on plan to sell $90M in mortgages

03/11/20

The North Carolina company will hold onto the loans following the Fed's decision to slash interest rates.

[more]

United Community enters new Florida markets with Three Shores deal

03/10/20

The Georgia company will expand into central and southern Florida by buying the parent of Seaside National Bank & Trust.

[more]

Coronavirus fears dampen mood at community bankers' conference

03/09/20

The outbreak and a free fall of oil and stock prices are rattling bankers at this year's ICBA gathering in Orlando, Fla.

[more]

As State Farm bows out, U.S. Bank seizes an expansion opportunity

03/06/20

State Farm struggled to make its bet on banking pay off and decided like other insurers to exit the business. U.S. Bancorp swooped in to add deposits and credit card accounts at little cost or risk.

[more]

Farmers and Merchants in Maryland to buy neighboring bank

03/06/20

The company will pay $25 million in cash for Carroll Bancorp in a deal between Baltimore-area banks.

[more]