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Colony Bank to Close Five Branches in ‘Strategic Realignment’

Colony Bank to Close Five Branches in ‘Strategic Realignment’

The closures will affect 18% of its network but it will retain coverage across affected markets
Huntington Agrees Merger with TCF Financial in $22B Tie-Up

Huntington Agrees Merger with TCF Financial in $22B Tie-Up

The combined company will have $168 billion assets and be one of largest regional banks in the US
Trio of Community Banks Added to Specialist Benchmark

Trio of Community Banks Added to Specialist Benchmark

Texas Capital, South Plains Financial, and Partners Bancorp have been added to the ABA NASDAQ Community Bank index
US Banks Reduce Credit Loss Provisions in Third Quarter

US Banks Reduce Credit Loss Provisions in Third Quarter

Banks had been setting aside more cash to soften the impact of expected losses since the start of the pandemic
Merger Helps Bangor Savings Bank Grow to $6 Billion in Assets

Merger Helps Bangor Savings Bank Grow to $6 Billion in Assets

As expected, Bangor Savings Bank of Maine completed its merger with Damariscotta Bank and Trust
Is CRA Compliance Enough for Community Banks?

Is CRA Compliance Enough for Community Banks?

Due to the ongoing pandemic, small businesses are struggling
Community Banks Get Reporting Reprieve from Regulators

Community Banks Get Reporting Reprieve from Regulators

Small lenders have seen their balance sheets expand rapidly this year, but will get a temporary reprieve from new reporting requirements
How the PPP Helped Cogent Bank Transform in 2020

How the PPP Helped Cogent Bank Transform in 2020

Cogent Bank execs spoke to Banking Exchange about how they have navigated the huge challenges of this year
SEC Fines Ex-Wells Fargo CEO Stumpf $2.5m

SEC Fines Ex-Wells Fargo CEO Stumpf $2.5m

John Stumpf and former head of Wells Fargo Community Bank Carrie Tolstedt were charged for their roles in the fake accounts scandal
Banking Sector M&A Goes Full Throttle into Q3

Banking Sector M&A Goes Full Throttle into Q3

A wave of new deals and completions have been announced in the past two weeks
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