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Prepare for Second Round of EIPs, Banks Told

Prepare for Second Round of EIPs, Banks Told

The ABA has urged banks to prepare as a fresh round of economic stimulus payments is rolled out
PPP Round Two Looms as Senate Approves New Stimulus

PPP Round Two Looms as Senate Approves New Stimulus

This week’s $892 billion package includes $284 billion for the Paycheck Protection Program
Consumers Happy with Banks During Pandemic, Study Finds

Consumers Happy with Banks During Pandemic, Study Finds

FICO survey finds lack of confidence in short-term finances, but satisfaction with bank support is high
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
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

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