Community banking
Community banking
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With longtime Atlanta banker Gordon Teel at the helm, Georgian Bank has undergone immense changes.
November 12 -
MAF Bancorp Inc. of Clarendon Hills, Ill., said Tuesday that it earned almost 3% less in the third quarter than previously reported because of an additional $1.2 million of noninterest expenses.
November 10 - New Jersey
Before it was sold to First Union Corp. in 1998, the $44 billion-asset CoreStates Financial Corp. of Philadelphia was widely regarded as a top-performing company that despite its size was sincerely committed to relationship banking.
November 10 -
One big reason that banking is a profession instead of just a business is the proliferation of bankers schools.
November 10 - Illinois
MELROSE PARK, Ill. - As the chief executive of CNB Bancshares Inc. during the 1990s, James J. Giancola developed a reputation as a buyer, engineering 21 acquisitions in one seven-year stretch and building CNB into one of Indiana's largest banking companies before selling it to Fifth Third Bancorp in 1999.
November 9 -
Shares of superregional banks were downgraded Monday as analysts expressed renewed concern that the group will have a hard time increasing revenues.
November 9 -
The owners of Frontenac Bank in Earth City, Mo., have been in talks to sell Frontenac to the Milwaukee banking company Marshall & Ilsley Corp., according to a published report.
November 9 -
Community Capital Bancshares Inc. of Albany, Ga., reported Monday that its third-quarter earnings rose 11% year over year, to $213,000.
November 9 -
Main Street Trust Inc. of Champaign, Ill., announced Monday that it had agreed to buy Citizens First Financial Corp. of Bloomington, Ill., for $52 million in stock and cash.
November 9 - California
California's largest banking trade group, which is hoping to improve relations with a Legislature that it says has not been overly friendly to banks, plans to get closer to the lawmakers.
November 9 -
Old radicals and new crossed paths in Chicago Thursday at the Bankers Association for Finance Trade's annual conference.
November 8 -
Webster Financial Corp. of Waterbury, Conn., announced Thursday that it had appointed Nancy Scirocco as the business development officer of its new not-for-profit commercial banking department.
November 5 -
Central Bancorp Inc. in Somerville, Mass., said legal and professional fees connected to its buyout of a disgruntled shareholder group cut into its fiscal second-quarter profit.
November 5 -
Despite the disruption of business in south Florida as a result of numerous hurricane evacuations, third-quarter net income at TIB Financial Corp. in Naples rose 15%, to $1.3 million.
November 5 -
The Federal Reserve Bank of Cleveland has lifted its 4-year-old enforcement order against Citizens Deposit Bank of Vanceburg, Ky.
November 5 -
The American Bankers Association sponsored a telephone educational seminar for bank directors Wednesday, and if some of the questions that were asked are any indication, the directors needed it.
November 5 - New York
Only one New York credit union has ever converted to a mutual savings bank, but that could change now that Gov. George E. Pataki has signed legislation making it easier for state-chartered credit unions to switch.
November 5 -
Shareholder activism and boardroom maneuvering played a large part in Pointe Financial Corp.'s decision to seek a buyer.
November 4 -
WASHINGTON - When the Independent Community Bankers of America began polling members in 2001 on their top technology concerns, systems security was barely on their radar screens.
November 4





