May 29 – Capital Bank has been rated the Number One Overall Best Performing Community Bank in the Nation for 2014 by Bankerscaddy.com for the second consecutive year. The award is based on Bankerscaddy.com performance metrics designed to assess not only past performance, but the likely sustainability of ongoing strong performance based on long term trends for asset quality, deposit growth and earnings, as well as overall current and projected future capitalization levels. A detailed list and ranking of all banks considered in this awards assessment can be found at www.bankerscaddy.com.
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May 29 – Century Bank, New England’s largest family run bank, was named for the fifth consecutive year to the “Bank Honor Roll” for superior performance by Keefe, Bruyette and Woods (KBW).
May 29 – Puget Sound Bank has announced that the Puget Sound Business Journal named the bank as one of Washington state’s top 75 corporate philanthropists for the second consecutive year. Puget Sound Bank was ranked twelfth in the small company category (revenues below $20 million) for both 2014 and 2015.
May 29 – Bank of the West has redesigned its online banking platform to create a simple and easy-to-use experience for its personal and business customers. The entire infrastructure of Bank of the West’s online banking platform has been revamped from front-end to back-end to ensure a customer-friendly site now and in the future.
May 28 – Bob Hatley, president and CEO of Paragon Bank was recently named chairman of the 2015-2016 North Carolina Bankers Association (NCBA) board of directors, which goes into effect June 2, 2015. Rick Callicut, president and CEO of Bank of North Carolina in High Point will serve as vice chair. Additionally, incoming board members will include the following: (more…)
May 27 – Commercial banks and savings institutions insured by the FDIC reported aggregate net income of $39.8 billion in the first quarter of 2015, up $2.6 billion (6.9 percent) from a year earlier. The increase in earnings was mainly attributable to a $4.3 billion rise in net operating revenue (net interest income plus total noninterest income). Financial results for the first quarter of 2015 are included in the FDIC’s latest Quarterly Banking Profile. (more…)
May 22 – Helping banks protect their customer and business data is a top priority for Data Center, Inc. (DCI), one of the country’s most trusted providers of core banking software and related technologies for community banks nationwide. That commitment to strong data protection recently led DCI to incorporate Prime Factors’ EncryptRIGHT platform for high-integrity, automated cryptographic key lifecycle management and encryption into the infrastructure running DCI’s flagship iCore360 banking software.
May 22 – Century Bank, New England’s largest family run bank, has been named for the fifth consecutive year to the “Bank Honor Roll” for superior performance by Keefe, Bruyette and Woods (KBW).
May 22 – ACI Worldwide, a leading global provider of electronic payment and banking solutions, has announced that North American Savings Bank (NASB), a leading Missouri-based financial institution, has selected the company to power its online banking, mobile banking and bill pay initiatives.
May 22 – PROFIT INSIGHT, an international consulting firm specializing in earnings optimization for the financial services industry, has announced a new white paper that details the benefits of “Omnichannel,” the banking industry’s latest watchword for leveraging available technologies to create a more rewarding banking experience for customers. The white paper was authored by PROFIT INSIGHT Director Susan Canfield, a banking business intelligence expert specializing in process improvement, change management and electronic & online banking channels.