Community Banking

As expected, Bangor Savings Bank of Maine completed its merger with Damariscotta Bank and Trust

Due to the ongoing pandemic, small businesses are struggling

Small lenders have seen their balance sheets expand rapidly this year, but will get a temporary reprieve from new reporting requirements

Cogent Bank execs spoke to Banking Exchange about how they have navigated the huge challenges of this year

John Stumpf and former head of Wells Fargo Community Bank Carrie Tolstedt were charged for their roles in the fake accounts scandal

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

The association has congratulated the President-Elect after the result was called by most major news sources over the weekend

Specialist financial services investor FJ Capital says the economic recovery and ultra-low interest rates make for ideal merger and acquisition conditions

The ‘Bank On’ initiative is being flagged as a key solution for underbanked and unbanked individuals and communities across the US

This offers some relief to PPP borrowers seeking to transfer some or all of their businesses through an equity or asset sale