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First Women's Bank receives conditional approval from FDIC

American Banker

The proposed Chicago de novo would focus on serving female entrepreneurs.

FDIC 48
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2020 CRE Outlook: Trends Expected to Shape Commercial Real Estate Lending

Abrigo

That’s just the beginning,” warned the Chicago Tribune less than a week earlier. CRE loan growth at community banks has been outpacing noncommunity banks, both in the quarter and over the last year, according to the FDIC’s latest Quarterly Banking Profile. . Watching for CRE red flags.

Lending 195
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.

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How to Measure Interest Rate Risk Effectively in Banks & Credit Unions

Abrigo

As recently as May 2021, regulators identified interest rate risk as among the key risks in the economy, financial markets, and the banking industry that could affect insured institutions. The large increase in deposits coupled with decreased loan demand pose interest rate risk challenges for banks,” the Federal Deposit Insurance Corp.

How To 195
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A $26.5M Settlement Between FDIC, Leaders of Failed Chicago Bank

American Banker

The former officers and directors for Midwest Bank & Trust have reached a $26.5 million settlement with the Federal Deposit Insurance Corp. over charges of negligence during the financial crisis.

Chicago 28
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Four bankers of failed thrift charged with helping client embezzle funds

American Banker

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.

Chicago 94
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Amalgamated Financial terminates merger with namesake Chicago bank

American Banker

(..)

Chicago 52