article thumbnail

Community Bank History: Peoples National Bank, Hallstead, Pennsylvania

Jeff For Banks

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. But this opinion ignores the generations of history many banks across our great land have built. When the bank opened in 1905, Hallstead was already a thriving community.

article thumbnail

Radius Bank in Boston Launches National SBA Lending Platform

American Banker

Radius Bank in Boston has recruited a team to lead a national push into Small Business Administration lending. Among the new hires is Diane Gallion, a former executive at The Bancorp in Delaware, who will be national director of government-guaranteed lending at Radius.

Boston 31
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Washington Watch

Independent Banker

Community Bankers Chosen as CFPB Advisors. The Consumer Financial Protection Bureau named nine community bankers to serve new terms on the bureau’s Community Bank Advisory Council. Paul Mackin , president and CEO at Think Mutual Bank in Rochester, Minn.; in Lowell, Mass.; in Lowell, Mass.;

article thumbnail

Judges Deal Blows to Shareholders Filing 'Nuisance' M&A Suits

American Banker

Several court decisions in Delaware could make it harder for shareholders to sue banks following a merger announcement.

article thumbnail

Relief Coming for Banks Fearing Merger-Related Litigation

American Banker

Several court decisions in Delaware could make it harder for shareholders to sue banks following a merger announcement.

article thumbnail

The Digital Shift, Real-Time Payments, Stimulus Funding Top This Week?s News

PYMNTS

As a result, it is important for FIs to ensure that the services they provide can support client needs at speed and that these tools completely meet their evolving needs, according to Lisa Brubaker, executive vice president and chief technology officer for Delaware-based community bank WSFS Bank.

Las Vegas 130
article thumbnail

Hundreds comment on OCC proposed “true lender” rule

CFPB Monitor

We recently published a blog about the OCC’s proposed rule “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”), which would clarify that a bank (or savings association) is properly regarded as the “true lender” when, as of the date of origination, it is named as the lender in a loan agreement or funds the loan.

Lending 60