Community banking
Community banking
- Florida
In the past two years IronStone Bank of Fort Myers, Fla., has devoted much of its resources to expanding into far-flung markets — from Austin to Sacramento to Portland, Ore. — but it plans to spend 2005 settling down.
October 14 -
Whitney Holding Corp. said Wednesday that it is buying Destin Bancshares Inc., a move that will bolster the New Orleans company’s operations in the fast-growing Florida Panhandle.
October 14 -
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Sandy Spring Bancorp said Tuesday that it has appointed Philip J. Mantua as its chief financial officer.
October 13 -
Once the final terms have been agreed to, bank merger and acquisition deals rarely fall through. But lately there has been a flurry of second thoughts.
October 13 - Puerto Rico
Two years after entering the United States, R&G Financial Corp. of San Juan said Tuesday that it would more than double its mainland operations by buying 18 branches from SouthTrust Corp.
October 13 -
Though Gold Banc Corp.’s deal to sell to a Kansas investment group has collapsed, the Leawood, Kan., company still seems likely to sell itself within the next year.
October 13 -
Texas Regional Bancshares Inc. plans to acquire a three-branch Dallas thrift.
October 12 -
Federal banking regulators are objecting to a Securities and Exchange Commission proposal that would implement the broker-dealer provisions of the Gramm-Leach-Bliley Act.
October 12 -
The Kansas investor group that called off its deal for Gold Banc Corp. has submitted a lower offer to Gold's board, which was expected to consider it over the weekend, according to sources familiar with the deal.
October 12 -
WASHINGTON — A strange thing is happening in the credit union business: Just when the government is making it easier for people to join the cooperatives, membership growth rates are slowing.
October 12 - Florida
The seven Florida credit unions that recently formed a credit union service organization to manage their small-business portfolios are small-time players in commercial lending, but the move has some Sunshine State community banks worried.
October 8 -
Mercantile Bank Corp. in Holland, Mich., reported record third-quarter earnings Thursday, despite a $845,000 charge taken in connection with the early payment of $16 million of trust-preferred securities.
October 8 -
Federal regulators have fined Colombo Bank of Rockville, Md., $10,000 for alleged violations to the Bank Secrecy Act and ordered it to strengthen its anti-money-laundering policies and procedures.
October 8 - Ohio
Ryan Beck & Co. of Livingston, N.J., initiated coverage for three Ohio banks on Wednesday and said they stand to benefit from the state’s improving economy.
October 7 - Florida
As Floridians pick up the pieces after four hurricanes in a month, loan volume is rising, and so, to a lesser extent, are deposits.
October 7 -
- Texas
With a goal of goosing loan growth, banks in California, Texas, and the Pacific Northwest are hiring commercial lenders who recently lost their jobs at Washington Mutual Inc.
October 7 -
GB&T Bancshares Inc. of Gainesville, Ga., is acquiring the $115 million-asset FNBG Bancshares Inc. of Duluth for $27.4 million.
October 6






