Ocean Financial Federal Credit Union opens a 200 sq. ft. micro-branch at Mercy Hospital, offering banking services for staff and volunteers Adina Genn Source link
Read more Ocean Financial opens micro-branch at Mercy Hospital | Long Island Business NewsWells Fargo expands its Long Island presence with a new Lake Grove branch and donates $25K to support veterans through local nonprofit New Ground. David Winzelberg Source link
Read more Wells Fargo opens new branch in Lake Grove | Long Island Business NewsEnjoy complimentary access to top ideas and insights — selected by our editors. The top five community banks in our ranking have combined first mortgage loans of more…
Read more 20 community banks with the largest first mortgage loan portfoliosRichard Rotondo, vice president and digital bank manager for American Commerce, who lead the development of Monesty. “A lot of institutions either need to do this [advancement] or…
Read more ‘Tech apprehension,’ other hurdles that keep small banks from innovatingWorkers enter Goldman Sachs’ headquarters in June 2021. The investment banking giant said in a memo in 2019 that it would relax its dress code.Michael Nagle/Bloomberg WASHINGTON —…
Read more When it comes to fashion choices, bankers get a dress-downEarlier this month, Eagle Bancorp in Bethesda, Maryland, filed a shelf registration statement that would allow it to raise up to $150 million. Eagle Bancorp in Bethesda, Maryland,…
Read more Eagle in Maryland gains ‘flexibility’ to raise capital after lossDave Fishwick, founder of Burnley Savings and Loans in the UK and subject of the hit Netflix movie “Bank of Dave,” at an Independent Community Bankers of America…
Read more Dave Fishwick of ‘Bank of Dave,’ has a new nemesis: Payday lendersThe power wielded by a small number of companies in the core processing market is one of the — if not the most — pressing issues that affects…
Read more Small banks ‘feel like hostages’ to their core systems: OCC’s HsuHope Bancorp would add $2.24 billion of assets, including $1.31 billion of loans, with the acquisition of Territorial Bancorp.Adobe Stock Hope Bancorp, a Los Angeles-based company focused on…
Read more Hope Bancorp to buy Hawaii bank in $79 million dealRegulators took over Republic First on Friday with Fulton Bank acquiring substantially all of the bank’s assets and deposits. The sale will result in a $667 million loss…
Read more Republic First fails; Fulton Bank acquires assets, branchesTrustmark, in Jackson, Mississippi, says the sale of its Fisher Brown Bottrell Insurance unit to the Marsh McLennan Agency for $345 million would more than offset a $160…
Read more Insurance deal too rich for Trustmark to pass up, CEO saysBank merger-and-acquisition activity is poised to bounce back in 2024 — or is it? After a two-year lull, during which deal volumes slowed to a crawl amid pervasive…
Read more Four hurdles for bank buyers to clearThe Justice Department has secured $122 million from a dozen banks and mortgage companies in redlining cases since Attorney General Merrick Garland announced the agency’s Combat Redlining Initiative…
Read more Racist emails becoming focal point in redlining settlementsThe March 2023 banking crisis will be remembered for three major bank failures, the demise of a fourth bank tied to cryptocurrency and more than $35.5 billion in…
Read more Federal Home Loan banks’ profits skyrocket from 2023 liquidity crisisEnjoy complimentary access to top ideas and insights — selected by our editors. JPMorgan Chase, the nation’s largest bank, said it would add more than 500 branches by…
Read more Why the torrid pace of branch closings has cooled“The consumer typically would not know if the check originator had sufficient funds in their bank account, whether the account was closed, or whether the signature on the…
Read more California AG warns smaller banks, credit unions on penalty feesTraders work on the floor of the New York Stock Exchange. Bank stocks rallied late in 2023, and analysts see the potential for further gains this year. Michael…
Read more Why community bank stocks could rally in 2024In the late 1990s, the Supreme Court’s decision in Barnett Bank of Marion County, N.A. v. Nelson, and congressional passage of the Gramm-Leach-Bliley Act, tore down restrictions that…
Read more With bank-owned insurance agencies, not everyone is soldBCB was started on the belief that Bayonne, a city of about 70,000 people that is sandwiched between Newark, Staten Island and Brooklyn, was underserved by community banks,…
Read more Michael Shriner named CEO of New Jersey's BCB Community BancorpDespite a credit-quality issue vexing Bancorp 34, its $28 million merger with another Arizona banking company — CBOA Financial — is on track for completion in the first…
Read more Troubled CRE loan delays merger plans for Arizona banks
