Community banking
Community banking
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MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company.
March 3 -
Bernie Sanders’ rise to front-runner status for the Democratic nomination worries many bankers, but their opinions diverge on his electoral chances and whether a Sanders presidency would pose a direct threat.
February 23 -
Provident Bank in Amesbury, Mass., has entered warehouse lending after buying a business from People’s United Financial in Bridgeport, Conn.
January 22 -
People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.
January 17 -
Susan Riel succeeded Ronald Paul as CEO of the Maryland bank shortly before questions surfaced about credit quality and lending practices.
December 31 -
Tom Lopp abruptly suspended a program that accounted for 83% of Sterling Bancorp's mortgage production this year. An ongoing audit of the program and pressure to diversify beyond mortgages are reasons to watch Lopp and Sterling in 2020.
December 27 -
HomeTrust Bancshares in Asheville, N.C., sold a portfolio of residential mortgages as part of a balance sheet restructuring, with plans to sell more.
December 20 -
The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.
December 9 -
The percentage of farm lenders losing money hit a six-year high in the third quarter, according to the FDIC.
December 5 -
David Becker, who founded First Internet Bank two decades ago, says traditional banks' digital-only ventures are only making his bank look more mainstream.
November 26