Carrying over their more personalized business model ... Just don't expect a small bank to be a leader on the next big thing. "Because of their scale, it's the larger banks that innovate and ...

The Seattle-based company, which had made home loans for more than a century, announced it was quitting the mortgage business ...

It operates through the following business segments: Retail Banking, Small and Medium Scale Banking, Private Banking, Corporate and Investment Banking, and Assets and Liabilities Management and Other.

Given their strong ties to local economies, she said small banks are instrumental to the Fed's mandates to keep prices stable and employment full. "Job creation, managing inflation, all of these ...