new york

Seneca-Cayuga Bancorp in N.Y. set to accept municipal deposits

11/13/18

The mutual holding company received regulatory approval to form a limited-purpose commercial bank, allowing it to work around a state law barring mutuals from working with municipalities.

[more]

Former community bank CEO returns to legal profession

11/06/18

Paul Aguggia, a lawyer before leading Clifton Bancorp, has become a partner at Holland & Knight in New York.

[more]

New York Community's profits fall on rising deposit costs

10/24/18

Strong growth in the bank's core business of multifamily lending was offset by higher rates it paid on CDs and borrowed funds.

[more]

Bridge in N.Y. to take 3Q hit after alleged customer fraud

10/01/18

The company will record a quarterly charge after reporting potential fraud tied to commercial deposit accounts.

[more]

BB&T makes first fintech foray in bid to boost digital banking

09/18/18

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.

[more]

John Kanas to retire from banking — again

09/12/18

Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year.

[more]

Smaller banks draw more attention from market sophisticates

08/16/18

Ratings firms and mutual funds are seeing greater value in community banks because of their simplicity and local connections.

[more]

Proposed N.Y. de novo has lofty capital goal and ambitious growth plan

08/14/18

Organizers of Piermont Bank said in their application with the FDIC that they want to raise $100 million and eventually operate in several urban coastal communities.

[more]

Amalgamated chief's goal after IPO: Create a nationwide bank

08/14/18

Keith Mestrich, who runs the union-founded bank, plans to use a more liquid stock to pursue acquisitions in cities such as Boston, Seattle and Los Angeles.

[more]

Group with East West ties applies to open bank in New York

08/09/18

The proposed Piermont Bank would be based in Midtown Manhattan. It is the second de novo being planned in New York.

[more]