Growth strategies

Okla. community bank to be sold to owners of large mortgage lender

08/08/18

Gateway Mortgage's owners plan to merge the mortgage lender into Farmers Exchange Bank.

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WSFS to jump over $10B threshold with Beneficial acquisition

08/08/18

The Delaware plans to reinvest savings from the $1.5 billion acquisition to upgrade technology and delivery channels.

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Toyota finance arm lines up next CEO

08/06/18

Toyota Financial Services has promoted a company insider to replace Mike Groff, who is retiring at the end of this month.

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The painstaking process to sell a family's century-owned bank

08/06/18

The family that owns KleinBank negotiated for employee incentives for nonrelatives and retention awards as part of the Minnesota bank's proposed sale to Old National.

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Head of D.C. de novo group disputes former insider's claims

08/03/18

Tekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.

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‘Still a real need for … human interaction’ in retail banking’s future

08/03/18

Tory Nixon, who became Umpqua's chief banking officer this spring, is trying to drive more customers to use mobile banking (only 15% do so now industrywide) without alienating them in the process.

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'Grow and grow fast:' The newbie rule for regional banks

08/01/18

Loan growth accelerated for those in our annual ranking of banks with assets of $10 billion to $50 billion. See which of these 65 regionals are the best performers.

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How much of an earnings boost did banks get from the tax cut?

07/31/18

Depending on the asset class, about 11% to 18% of earnings per share came from tax savings. The looming question is how do they top themselves in 2019 when tax rates don’t change like they did this year.

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M&A opportunities are plentiful for Horizon Bancorp in Indiana

07/31/18

Despite ongoing industry consolidation, the company still expects to have at least 10 chances each year to buy another bank.

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Small Fla. bank to sell to IBM Southeast Employees’ Credit Union

07/26/18

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

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