Two North Dakota community banks to merge
A deal between Pembina County Bankshares and Drayton Bancor would combine two small banks that operate on both sides of the North Dakota-Minnesota border. American Banker: Feed
Category Archives: Uncategorized
Bank buyers are afraid to load up on CRE, right? Wrong.
Lenders say they are eager to reduce their exposure to CRE, but an examination of recent deals shows just how hard that can be. American Banker: Feed
The value of repeat business in bank M&A
Pacific Premier had to bid against other banks for Plaza Bancorp in Irvine, Calif., but the fact that it had bought another bank from Plaza’s private-equity backer earlier this year may have been instrumental in sealing the deal. American Banker: Feed
Big banks kick small-business lending into high gear
The largest banks are approving small-business loan applications at the fastest rate since the recession, a sign that that they are willing to assume more risk and taking seriously the threat of competition from online lenders. American Banker: Feed
Loan growth resumes, but LendingClub remains in the red
The online consumer lender reported a net loss of $ 25.4 million, bringing its red ink in the five most recent quarterly reports to more than $ 200 million. American Banker: Feed
House Republicans again threaten contempt charges against CFPB’s Cordray
Staff for House Financial Services Committee Chairman Jeb Hensarling said CFPB Director Richard Cordray is continuing to ignore subpoenas tied to the agency’s work on the arbitration rule. American Banker: Feed
Capital One’s personal finance app Level Money to close
It is the latest of several popular apps to close down in recent weeks. American Banker: Feed
Institutions shouldn’t count on Congress killing CFPB arbitration rule
The financial services industry is at risk of being caught flat-footed if a legislative measure to rescind the Consumer Financial Protection Bureau’s rule regulating arbitration agreements fails to pass. American Banker: Feed
This old-school banking strategy still matters in an app world
Bankers who shake more hands, ask more questions and, yes, hand out more business cards than the competition will win more clients. American Banker: Feed
Finding the right size for servicers
Servicers of all sizes must comply with increasingly detailed rules American Banker: Feed