Valley rebranding caps an eventful year for new CEO
This week’s name change is that latest in a string of moves Ira Robbins has made since he replaced his mentor, Gerald Lipkin, in January. ... Read full article
This week’s name change is that latest in a string of moves Ira Robbins has made since he replaced his mentor, Gerald Lipkin, in January. ... Read full article
The company agreed to buy Mainland Bank for nearly $20 million in stock. ... Read full article
The third interest rate increase of the year could have a significant impact on banks' lending, deposit gathering and even M&A decisions. Here's what to expect. ... Read full article
Union Bankshares will gain 15 branches and $2 billion in loans in northern Virginia after it buys Access National. ... Read full article
Profits at big banks should be solid if not spectacular; the Vermont senator proposes a hard cap on assets held by the biggest banks. ... Read full article
Otting says the bank is not moving fast enough to repay customers who were unfairly sold auto insurance; lack of regulation lets traders use software to move prices. ... Read full article
The economy could “positively slow down in mid-2019” and consumer debt levels are a huge concern, but technology and lessons learned from the crisis could still create opportunity for small banks, says Beneficial’s Gerry Cuddy ahead of a big speech on ... Read full article
Citizens & Northern will pay $43 million for the $348 million-asset Monument. ... Read full article
Jefferson Financial Federal Credit Union will gain three locations, along with $138 million in loans, as part of the transaction. ... Read full article
Western Union plans to begin soliciting potential suitors within weeks. No decision has been made and Western Union may decide to keep the business. ... Read full article
Fiserv will buy the business, once known as Elan ATM and Debit Processing, for $690 million. ... Read full article
Sound Credit Union in Tacoma, Wash., has agreed to buy Bank of Washington in Lynnewood. ... Read full article
The acquisitive company plans to buy Blue Hills Bancorp to boost its footprint in eastern Massachusetts. ... Read full article
Seven other banks passed on a chance to bid on FCB Financial, perhaps showing the small pool of large buyers eager to make a big commitment to the Sunshine State. ... Read full article
The company said the move should address investor concerns about potential margin compression, slower loan growth and an economic slowdown. ... Read full article
Community bankers reject the conclusions of a Government Accountability Office report that say regulatory burdens only had a “modest effect” on the declining number of banks since 2010. ... Read full article
Senior managers at selling banks often get big payouts and move on. But some decide (or are allowed) to stay and can make major contributions. Here are examples of execs who famously became difference makers after sticking around, or of keepers from recent ... Read full article
Bennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy. ... Read full article
A sluggish business climate and few M&A opportunities freed up midsize banks to invest in better tech systems and services, says Regions Chairman Grayson Hall. ... Read full article
First Busey is buying a bank with a large securities portfolio, whose size would be easier to adjust than traditional bank assets as it seeks to stay below the $10 billion mark. ... Read full article