State Coverage: Minnesota

Crown Bank in Minnesota Slapped with Enforcement Order

American Banker | Feb 07

A small Minnesota bank is in hot water with its regulators after suffering steep losses on loans to some high-profile business executives.

TCF to Expand Lending to Marine Industry

American Banker | Jan 12

Already an active lender in the recreational vehicle and lawn and garden industries, TCF Financial Corp. is now looking to make a big splash in the water sports business.

Fed Takes Action Against Two Banking Companies

American Banker | Dec 13

The Federal Reserve on Tuesday announced written agreements with two banking companies.

TCF's Earnings Down 14% as Fee Income Falls

American Banker | Oct 20

TCF Financial Corp. said Thursday that its third-quarter earnings declined 14% from the same period last year, to $31.7 million, due largely to a sharp drop in fees earned on deposit accounts.

Community Pride of Minnesota Slapped with Enforcement Order

American Banker | Sep 06

Community Pride Bank Corp. is under orders from the Minneapolis Fed to use all of its "financial and managerial" resources to ensure that its bank subsidiary remains safe and sound.

Flagship, Texas Bancshares Hit with Enforcement Orders

American Banker | Aug 25

On Thursday, the Fed published written agreements struck earlier this month with Texas Bancshares in Snyder, Texas, and Flagship Financial Group in Eden Prairie, Minn.

Fed Issues Prompt Corrective Order Against Maryland Bank

American Banker | Aug 11

The Federal Reserve this week took action against four banks, including three written agreements and the issuance of a prompt corrective order against Bank of the Eastern Shore.

Fed Takes Action Against Four Banks

American Banker | Jul 28

The Federal Reserve on Thursday announced written agreements with four banks, including the $2 billion-asset Old Second Bancorp Inc. in Aurora, Ill.

TCF's 2Q Profit Falls as Fee Income Wanes

American Banker | Jul 21

TCF Financial in Wayzata, Minn., reported earnings of $29.8 million in the second quarter, down 33% from a year earlier, as the company grapples with ways to replace fee income.

U.S. Bank Aids Customers Affected by Minnesota Budget Battle

American Banker | Jul 12

U.S. Bank is letting customers who have lost income due to the state of Minnesota government shutdown skip one monthly payment on most types of loans without penalty.

Stearns of Minnesota Eyes Florida Growth

American Banker | Jun 07

Signaling its intention to continue growing in Florida, Stearns Bank in St. Cloud, Minn., has named veteran banker Tramm Hudson as the president of its Florida operation.

Stearns of Minnesota Hires Veteran Banker to Head Florida Franchise

American Banker | Jun 07

Signaling its intention to continue growing in Florida, Stearns Bank in St. Cloud, Minn., has named veteran banker Tramm Hudson as president of its Florida operation.

Fed Takes Action Against Minnesota Bank

American Banker | May 24

The Federal Reserve on Tuesday announced that it had reached a written agreement with BW Bancorp in Ely, Minn.

NCUA Liquidates Minnesota Credit Union

American Banker | May 19

The NCUA has liquidated the Hmong American Federal Credit Union. The agency said Thursday that it made the move to discontinue the St. Paul, Minn, credit union's operations ...

Minnesota Bank Freed from Fed Order

American Banker | Apr 19

The Fed Reserve has terminated an enforcement action against Currie Bancorp. The Minnesota company had been operating under a written agreement since November 2008.