Community Bank System expanding in western N.Y. with latest merger
The company agreed to buy Steuben Trust for $107 million. ... Read full article
The company agreed to buy Steuben Trust for $107 million. ... Read full article
The company has agreed to buy a portfolio of commercial loans from Santander Bank. ... Read full article
Ziv Biron succeeded Uri Levin, who was named CEO of Discount Bank, IDB's Israeli parent company. ... Read full article
The company will offer deposit-related services to firms with permits for hemp and CBD. ... Read full article
The loan participation has been flagged for potentially fraudulent activity. ... Read full article
The company says its exposure involves a participation loan to a business customer for which it was the originator. ... Read full article
Donald Wetzel, the man who devised the first U.S. cash dispenser, says automated tellers will always exist — even as they evolve beyond their initial purpose. ... Read full article
As major U.S. cities continue to implement contactless tap-and-go acceptance to collect transit fares, at least one bank sees this trend as an opportunity to put its cards on center stage. ... Read full article
Christopher Maher is kicking the tires on an "acquisition of size" that would propel the New Jersey bank across the $10 billion-asset mark. ... Read full article
Acquiring the Nebraska bank would give CIT Group access to billions of low-cost deposits to fuel a go-it-alone growth plan. CEO Ellen Alemany says it could also make her company "more valuable" to potential buyers if it ever wants to sell. ... Read full article
The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions. ... Read full article
The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding. ... Read full article
Bankers are downplaying such concerns, but others say a sharp decline in values on rent-regulated buildings means landlords will have less cash flow to acquire new properties ... Read full article
State and federal authorities say the network of firms in upstate New York sought debts that consumers weren't obligated to pay and impersonated government officials, among other things. ... Read full article
The $64 million acquisition is the first for Investors since it was freed from a regulatory order tied to Bank Secrecy Act compliance. ... Read full article
Piermont Bank, set to open this week, will be the city's second new bank this year. ... Read full article
A lot has changed since Hill first entered the city, but he is determined to stick with the branch-dependent strategy he relied on before his ouster from Commerce Bank a decade ago. ... Read full article
The merger will create a firm with heft in financial services M&A, fixed income and equity research. ... Read full article
Former Trump campaign chairman Paul Manafort pleaded not guilty in a New York mortgage fraud case — state charges that are beyond the reach of a presidential pardon. ... Read full article
Companies that offer early access to earned wages want a regulatory framework for their fast-growing industry. But the bill under consideration in Sacramento is exposing big divisions in the sector. ... Read full article