Community banking
- Banking
Top-performing U.S. community bank shows value of revenue diversification
Oregon Bancorp once again finds itself in a familiar perch: atop a key ranking of community lenders. For the fourth consecutive…
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Vernon Hill forced out of Republic First chairman role under activist pressure
Under pressure from critical investors, Vernon Hill lost control of Republic First Bancorp’s board. After the death last week of…
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Fintech lender on the hook for millions in fraud from one client’s losses
Like many fintechs, Grain Technologies promises financial institution partners it will stand by its product in the face of fraud,…
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A mixed outlook for small-business lending
Two thirds of U.S. small-business owners reported a successful 2021 and solid momentum heading into this year, helping to explain…
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Activist investor sues Republic First for delaying its annual meeting
A bitter, long-running proxy fight between two separate activist investor groups and the management of Republic First Bancorp may be…
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Seacoast inks its fourth M&A deal of 2022
Seacoast Banking Corp. of Florida agreed to acquire Drummond Banking Co. in a $173 million deal that would bolster its…
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United Community to acquire Alabama bank for $271 million
The acquisitive United Community Banks is paying $271.5 million in stock to take out Progress Financial Corp. in a bid…
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Banks, credit unions paying top dollar to hire lenders
Amid the disruption imposed by the pandemic and an ensuing merger-and-acquisition wave, veteran lenders have a wealth of career options.…
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First Internet terminates its deal to buy Georgia-based First Century
Six months after announcing plans to acquire First Century Bancorp in a bid to expand into payments, the $4.2 billion-asset…
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The headaches are over for First Citizens-CIT merger
First Citizens BancShares in Raleigh, North Carolina, said its long-awaited integration of CIT Group in New York is progressing smoothly…
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Veritex adds trio of senior lenders in Houston
Seeking to capitalize on the continuing disruption and red-hot growth, Veritex Holdings added three senior lenders in Houston. William Ray…
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First Bancshares buying Beach Bancorp in Florida for $116.7 million
The First Bancshares in Hattiesburg, Mississippi, has agreed to pay $116.7 million in stock for Beach Bancorp in a bid…
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Activist investor revives effort to force sale of an Ohio bank
Barely a quarter removed from the most successful year in its 120-year history, Middlefield Banc Corp. in Ohio is facing…
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Why the OCC is creating fintech supervision specialists
A lot had changed in the decade since the Office of the Comptroller of the Currency last overhauled its supervision…
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An office space crisis may be imminent for real estate lenders
Unused office space could flood the U.S. market this year as leases expire and more companies permanently shift to remote…
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Republic First tempts further backlash as it delays annual meeting
An increasingly bitter contest pitting management at Republic First Bancorp and its chairman, Vernon Hill, against two separate shareholder activist…
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Republic First tempts another lawsuit as it delays annual meeting
An increasingly bitter contest pitting management at Republic First Bancorp and its chairman, Vernon Hill, against two separate shareholder activist…
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Banks vie for share of trillion-dollar equipment finance market
Equipment finance is big business at a growing number of banks around the country — and it’s getting bigger, as…
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Bank earnings to spotlight rising interest rates — and costs
Interest rates are on the rise and expected to continue upward, bolstering banks’ lending profitability and providing timely support for…
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Bank of Bird-in-Hand thrives in Amish Country with novel outreach efforts
In the wake of the 2008 financial crisis, Bank of Bird-in-Hand’s organizers saw a glaring void in the landscape of…
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Staying in the game: A small bank’s bid to go digital
Five Star Bank in Warsaw, New York, was in the midst of upgrading its digital banking platform when the pandemic…
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East Cambridge Bank buying a neighboring community bank
East Cambridge Bank in Cambridge, Massachusetts, has agreed to acquire Patriot Community Bank, a deal that will give it a…
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A CEO change at Professional Bank in Florida
Daniel Sheehan, who helped found Professional Bank in 2008 and has been instrumental in its growth into a $2.7 billion-asset…
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A dot-com do-over: Affinity and high-yield banking stage a comeback
When the digital-only Bask Bank launched at the start of 2020, it offered a unique spin on savings: Instead of…
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