State Coverage: Delaware
Sun of New Jersey to Sell Delaware Sites to WSFS
American Banker | Jul 30Sun Bancorp in Vineland, N.J., has signed an agreement to sell its six Delaware branches to Wilmington Savings Fund Society; it said it plans to focus more on its ...
North Dakota Tops Ratio List Again
American Banker | Jun 27North Dakota has the nation's highest loan-to-deposit ratio for the third straight year, according to data federal regulators released Thursday.
WSFS of Delaware Buys Control of Illinois Firm
American Banker | May 06WSFS Financial Corp. in Wilmington, Del., has bought a majority stake in a reverse mortgage company, 1st Reverse Financial Services LLC in Westmont, Ill.
First Bank of Delaware May Face Regulatory Order
American Banker | Apr 15First Bank of Delaware said Monday that federal regulators may impose an enforcement action designed to improve "certain of the bank's credit card and lending programs."
Payday Alternative Call Draws Wilmington Trust
American Banker | Oct 23Often perceived as a bank for the wealthy, Wilmington Trust in Delaware has rolled out a loan product targeting the less well-heeled: a short-term loan that maxes out at $500.
Wilmington Seeks Commercial Growth
American Banker | Sep 12Wilmington Trust Corp. is looking to broaden its commercial banking network in the mid-Atlantic region, but its chairman and chief executive, Ted Cecala, said that it would do so organically, not through acquisitions.
First Bank of Delaware Shuts Storefront Lending Business
American Banker | Apr 04Nearly a year after being forced out of the payday lending business, First Bank of Delaware has bowed to regulatory pressure and will stop making third-party consumer installment loans.
Asset Management Continues to Attract Some Small Banks
American Banker | Mar 28Some small banks are entering or remaining in the business of asset management, even though many competitors have abandoned it or turned to third-party outsourcers.
In Brief: WSFS Announces Succession
American Banker | Feb 23WSFS Financial Corp. of Wilmington, Del., said Thursday that it is setting in motion a succession plan it developed five years ago.
NCUA Nixes Pan-Delaware CU
American Banker | Feb 23The National Credit Union Administration, which has steadily expanded parameters for fields of membership to include multiple counties encompassing millions of people, has rejected a Delaware credit union's bid for a statewide charter.
In Brief: Wilmington's 4Q Profit Up 2%, Costs Rise
American Banker | Jan 22Wilmington Trust Corp.'s earnings rose slightly in the fourth quarter as revenue gains from its corporate client services and wealth advisory businesses were offset by higher expenses.
Ruling in AmSouth Case Offers Boards a Reprieve
Laurie Kulikowski contributed to this report.
| Mar 09A Delaware court's recent ruling may have given banking boards protection, at least temporarily, from shareholder lawsuits involving suspicious-activity reports.
First of Del. Getting Out of Payday Lending
American Banker | Feb 23Another bank is exiting the payday lending business under pressure from the Federal Deposit Insurance Corp.
Is the ING Direct Model Missing a Piece?
American Banker | Sep 19For sheer deposit growth over the last three years, few U.S. banks can match the dollars collected here by the ING Direct operation, and fewer still can claim to be its peer in percentage growth.
Wyo. Bankers Team Up to Tout 'Dynasty Trusts'
American Banker | Aug 24The seven Wyoming bankers who run a booth each year at a trust administrators conference in Miami get some curious looks, Pamela G. Snell says.
