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Community Banking

CEO Douglas Glenn has won the patient support of Carlyle Group and other private-equity investors in the Virginia bank, and cleared the path for an important stock offering.

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Executives of the failed United Western, who sued the government a year ago to get their Denver thrift back, may be close to gaining documents that could demonstrate regulators should never have shut it down.

Editor at Large Barbara A. Rehm
Bankers shouldn't complain about intrusive government regulation while begging Congress to extend unlimited deposit insurance on large transaction accounts.

Warburg Pincus managing director Daniel Zilberman
The private equity firm employed a different strategy than many of its rivals that bought into financial institutions, managing director Daniel Zilberman explains. And it has the strategy for its next round of deals ready to go.

Ronald Paul, chairman of Eagle Bancorp
Many community bankers fear that if the Transaction Account Guarantee Program is eliminated, large depositors will move their money to megabanks seen as too big to fail.
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Alan Levan, BankAtlantic's CEO
The Florida company is looking at bringing in capital in case the sale of its thrift fails to go through by early April.

William Loving Jr., president and CEO at Pendleton Community Bank Inc.
A group consisting mostly of community bank CEOs used the FDIC's first conference on smaller institutions to urge resistance against onerous legislation and common sense for regulation.

Acting FDIC Chairman Martin Gruenberg (Image: Bloomberg News)
Executives hail new effort at dialogue and hold out hope for 'tiered regulation,' but the extent of actual reforms remains to be seen.
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Tim Pettus, president of First Farmers & Merchants Bank
Tim Pettus, the president of First Farmers & Merchants Bank in Columbia, Tenn., says he is proud that the bank's donations to a nonprofit have helped turn around a crime-ridden part of town.
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