State Coverage: District of Columbia

FJ Capital in Washington Lands Investment from Bridge Equities

American Banker | Oct 13

FJ Capital Management said Thursday that it had received a "significant investment" by Bridge Equities LLC.

Bank of Georgetown in D.C. Raises $25 Million

American Banker | Jun 13

Bank of Georgetown in Washington, D.C., has raised more than $25M in fresh capital that it will use to fund its continued expansion in the city and surrounding suburbs.

Obama to Meet 11 Community Bankers

American Banker | Dec 22

President Obama is due to meet today with 11 chief executives of community banks, following up on a meeting with the heads of larger institutions last week.

Independence to Buy Colombo of Maryland

American Banker | Feb 13

Colombo Bank would be merged into the $173 million-asset Independence Federal, whose branch count would go from four to nine.

Premier of W.Va. Buying D.C. Bank

American Banker | Jan 05

Premier Financial Bancorp in Huntington, W.Va., has agreed to buy the struggling Abigail Adams National Bancorp in Washington for $10.9 million in stock.

PNC Looking to Raise D.C. Profile with Store Deal

American Banker | Oct 24

By adding 41 supermarket branches in the Washington area next year, PNC said it aims to scale up quickly and cheaply in a growth market — and send "a loud message" about its ...

Adams National Enters Pact with OCC

American Banker | Oct 06

Adams National Bank in Washington has an agreement with the OCC to boost its capital, assess its senior management team, and improve the monitoring of its loans.

Adams National's CEO Resigns

American Banker | Sep 04

Jeanne Delaney Hubbard has resigned as chairwoman, president, and chief executive officer of Abigail Adams National Bancorp in Washington.

Goal One for City First CEO: Consistency

American Banker | Aug 26

Edward Furash, the outgoing CEO at City First Bank of D.C., has high hopes for his successor. He said that Dorothy Bridges could "double the size of this bank within three years," citing her track record in community development lending …

D.C. Thrift Order Lifted, But Memorandum Stands

American Banker | Apr 16

Independence Federal Savings Bank in Washington announced that a cease-and-desist order under which it had been operating since June 2006 has been terminated, though ...

D.C. Plan Would Steer Deposits to Small Banks

American Banker | Nov 16

The District of Columbia City Council is considering a bill that would deposit far more of the city's funds in local community banks to help stimulate economic growth.

A West Coast Bankers' Bank Reaches East Coast

American Banker | Nov 12

Middle Atlantic community banks that need correspondent banking services have no shortage of options; there are bankers' banks based in Maryland, Pennsylvania, and Virginia, and the nation's largest bank for other banks opened a Maryland office two years ago, mainly to help small banks make loans that exceed their limits.

Banks, CUs To Fill Payday Gap? Maybe

American Banker | Nov 07

Payday lending is on the verge of being outlawed in the District of Columbia, but the fact remains that consumers will still need access to short-term, emergency loans.