pennsylvania

Why have three regulators when one will do?

05/10/18

Citizens Financial Group plans to merge its two banking charters into a single national bank. The move would make the OCC the bank's primary regulator and eliminate the costs of dealing with the FDIC and state officials.

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Jumbo loans at heart of mortgage expansion for Customers Bancorp

05/08/18

Lorie Shannon, recruited from SunTrust, will oversee a strategy that features large, non-QM mortgages in key markets.

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Dollar Bank focuses on raises in passing tax savings to workers

05/07/18

The Pittsburgh bank opted to give more than half of its employees $2,000 pay hikes instead of the bonuses handed out by many rivals.

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Major structural change planned by nation's second-biggest mutual

05/02/18

Dollar Bank has applied to form a mutual holding company as it nears a key regulatory threshold.

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Bryn Mawr in Pa. gains access to nonprofits from insurance agency deal

05/01/18

Domenick & Associates also specializes in serving social service organizations.

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Customers Bancorp plans for life after BankMobile

05/01/18

Because of the Durbin amendment, the once-prized asset has become an albatross. Spinning it off will remove a distraction and let management refocus on business banking.

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Pa. bank CEO resigns two weeks before annual meeting

04/25/18

First Keystone, which gave no reason for Matthew Prosseda's abrupt departure, has formed a search committee to find a permanent replacement.

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Fulton reports higher profit on lower tax rate, loan growth

04/17/18

The company benefited from increases in residential and construction lending.

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Hackers, nonbanks are small banks' biggest threats: New ICBA chair

03/13/18

Timothy Zimmerman is optimistic about regulatory relief and the capabilities of the association's next CEO, but he remains wary of nonbank competition and cybersecurity risk.

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DIY CRA? Two suburban banks test new ways to court urban residents

03/07/18

Howard Bancorp and Bryn Mawr Bank are trying different approaches to reach out to underserved markets they’ve entered via acquisitions. Creative in-house initiatives may take on added importance as regulators move to "dial back" Community Reinvestment Act rules.

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