Banking Exchange

AUGUST 13, 2020

This week’s top moves include new C-suite roles at NY-based Metropolitan and a new CEO at FHLBank Chicago Management Feature Feature3 Human Resources Community Banking CSuite.

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South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure. touched off a wave of bankruptcies.

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Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. American Bank, National Association.

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American Banker

AUGUST 27, 2024

The $23 million cash transaction boosts Old Second's presence in its home Windy City market, while marking Muncie, Indiana-based First Merchants' exit from Illinois.

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Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. Bob Hickok.

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ABA Community Banking

OCTOBER 1, 2024

Byline Bancorp in Chicago, Mifflinburg Bancorp in Pennsylvania and River Run Bancorp in Massachusetts announce acquisitions. The post Bank acquisitions announced in three states appeared first on ABA Banking Journal.

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ABA Community Banking

OCTOBER 1, 2024

Byline Bancorp in Chicago to buy First Security Bancorp, Mifflinburg Bancorp in Pennsylvania to buy Northumberland Bancorp. The post Bank acquisitions announced in Illinois, Pennsylvania appeared first on ABA Banking Journal.

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American Banker

AUGUST 14, 2024

The Chicago-area bank closed the fifth-largest deal announced this year in a matter of months. It may bode well for M&A, as several big transactions have been announced in 2024.

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American Banker

JULY 12, 2024

After its planned sale to a larger competitor fell through, the renamed bank plans to expand into new markets, starting with St.

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ABA Community Banking

DECEMBER 9, 2018

First Midwest Bancorp recently moved its headquarters to Chicago, making a statement that it has positioned itself as “metro-Chicago’s premier commercial bank” Financial Research Feature Management Financial Trends Community Banking Feature3 Commercial.

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American Banker

FEBRUARY 1, 2023

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American Banker

OCTOBER 1, 2024

The Chicago-based bank said it would acquire First Security Bancorp in Elmwood Park. The transaction would push it close to $10 billion of assets.

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PYMNTS

DECEMBER 13, 2017

Chicago-based derivatives exchange Cboe Global Markets launched its bitcoin futures on Sunday, and CME Group is expected to launch its own on Dec. The survey was primarily administered to small community banks and credit unions, making the finding significant. Here are the numbers: $42.5 based BitGo this week.

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American Banker

AUGUST 11, 2023

The three former Washington Federal Bank for Savings board members were accused of giving the OCC false information in an attempt to hide embezzlement. They could face up to five years in prison for attempting to deceive the OCC.

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American Banker

OCTOBER 13, 2016

West Town Bancorp in Illinois has revved up its government-backed lending to small businesses, making it a good example of how community banks can outhustle big lenders in the quest for new sources of fee income.

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ABA Community Banking

MARCH 24, 2017

So expectations simmer for more bank M&A in Chicago Bank Performance Management Community Banking M&A.

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Independent Banker

SEPTEMBER 26, 2014

Tess Ousley expanded her Chicago child development center, All About Kids Learning Academy Inc., with financing from Urban Partnership Bank. Urban Partnership Bank builds up people and communities. Treasury to help serve distressed and underserved communities and consumers. A Special Mission. By Ed Avis.

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ABA Community Banking

APRIL 16, 2015

Wintrust triple-play could start open-bank M&A tempest in Chicago Management Financial Trends CSuite Community Banking. 1Management'

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American Banker

APRIL 15, 2024

Should the all-stock transaction close as planned later this year, Wintrust Financial in the Chicago area would gain about $2.7 billion of assets.

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Abrigo

FEBRUARY 12, 2020

That’s just the beginning,” warned the Chicago Tribune less than a week earlier. Despite the painful evolution in retail, many experts expect another year of growth for commercial real estate – and for commercial real estate lenders, including community financial institutions. Watching for CRE red flags.

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Lending Trends FDIC Survey 195

Independent Banker

OCTOBER 29, 2014

He’s a high school senior who lives in suburban Chicago. And the great news, according to “American Millennials and Banking,” a major new study commissioned by ICBA, is that Bauhs and the 80 million other people in his generational cohort are prime potential customers for community banks. By Ed Avis.

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American Banker

NOVEMBER 3, 2016

MB Financial in Chicago has appointed an executive from an advanced analytics company to its board. The $19 billion-asset company said in a press release Thursday that Sunil "Sonny" Garg is the energy solutions leader at Uptake.

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American Banker

JUNE 29, 2016

Canadian Imperial Bank of Commerce in Toronto has agreed to buy PrivateBancorp in Chicago for $3.8 billion, finally giving the Canadian bank a meaningful retail presence in the United States.

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American Banker

MARCH 28, 2016

Royal Financial in Chicago has agreed to sell $25.8 million of distressed assets associated with its pending purchase of Park Bancorp in Chicago.

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American Banker

JUNE 29, 2016

Canadian Imperial Bank of Commerce in Toronto has agreed to buy PrivateBancorp in Chicago for $3.8 billion, finally giving the Canadian bank a meaningful retail presence in the United States.

Chicago 31

Chicago United States Retail Community Bank 31

American Banker

JANUARY 3, 2017

First Midwest Bancorp will move its headquarters to Chicago from Itasca, Ill., billion-asset company will open an 80,000-square-foot office in the spring of 2018.

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CFPB Monitor

AUGUST 22, 2016

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Community Bank Advisory Council Members. Ballard, Vice President and Director, First Iowa State Bank, Albia, IA.

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Independent Banker

FEBRUARY 24, 2016

Security fears about online banking may be impairing your community bank’s ability to grow demand deposit accounts. A 2015 survey from the credit and data reporting firm Experian revealed that more than 70 percent of respondents feared having their identity stolen when using personal banking sites. in Chicago.

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Independent Banker

OCTOBER 1, 2022

By identifying the preferred banking and spending habits of different generations, scammers can tailor how they reach their targets. We look at community banks’ options for fighting this type of crime. By Katie Kuehner-Hebert.

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American Banker

MAY 5, 2016

One of the last surviving black-owned banks in Chicago was rescued from its loan-related woes by a Ghanaian-American family.

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American Banker

APRIL 26, 2016

Federal Savings Bank in Chicago has acquired the assets of ICC Mortgage Services in Westbury, N.Y.

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American Banker

JULY 17, 2023

An executive with the Federal Home Loan Bank of Chicago pushes back on a BankThink article criticizing the Mortgage Partnership Finance program.

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Independent Banker

NOVEMBER 13, 2014

He’s a high school senior who lives in suburban Chicago. And the great news, according to “American Millennials and Banking,” a major new study commissioned by ICBA, is that Bauhs and the 80 million other people in his generational cohort are prime potential customers for community banks. By Ed Avis.

Millennials 87

Millennials Community Bank social media Community 87

American Banker

AUGUST 29, 2020

The Justice Department alleges that the bankers worked with “higher-ranking bank officials” at Washington Federal Bank for Savings in Chicago to falsify records and hide funds prior to the bank's December 2017 collapse.

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American Banker

NOVEMBER 18, 2021

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American Banker

JULY 26, 2021

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Abrigo

JUNE 11, 2021

“While the static gap report might provide some indication of the direction of IRR, it is an imprecise risk measurement tool,” said Doug Gray, then-Managing Examiner of the Federal Reserve Bank of Kansas City, and Emily Greenwald, then-Assistant Vice President at the Federal Reserve Bank of Chicago, in a “ Community Bank Connections ” article.

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