Consumer banking
Consumer banking
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The latest nixed deal, between Florida Bank Group Inc. in Tampa and Anderen Financial Inc. in Palm Harbor, brought the issue to the fore when the companies said last week that regulators are hesitant to approve "expansionary" deals.
January 21 -
The $4.2 billion-asset company said that, after failing to comply with minimum market capitalization and stock price rules, its shares would no longer trade on the NYSE.
January 21 -
Less than two months after completing two small acquisitions, People's United in Bridgeport, Conn., has struck again with a $493 million deal for Danvers Bancorp.
January 21 -
SEATTLE – Puget Sound Cooperative CU plans to open a new branch in the former home of Books by the Way, a local bookstore.
January 20 -
METHUEN, Mass. – Methuen Municipal Employees FCU is moving from the Searles Building, the city hall, to a new location in Methuen’s historic district.
January 20 -
People's United CEO Jack Barnes said Danvers complements his company's footprint from central Massachusetts through Boston and into New Hampshire.
January 20 -
Fourth-quarter earnings at Republic Bancorp Inc. in Louisville, Ky., were up 15% from a year earlier, to $4.4 million as credit costs fell.
January 20 -
Virginia Commerce Bancorp Inc.'s fourth-quarter earnings rose, but fell short of analysts' expectations.
January 20 -
Three companies and their owner, who allegedly falsely claimed they could help consumers quickly eliminate their credit card debts and stop calls from debt collectors, have been banned from the debt relief business under a settlement with the Federal Trade Commission.
January 20 -
The Federal Reserve Board said Thursday it reached a written agreement with Intervest Bancshares Corp. of New York.
January 20 -
Several banks of varying sizes in California and Oregon released loan-loss reserves during the fourth quarter as chargeoffs finally began to exceed provisions.
January 20 -
Doubts that the carveout for small banks will shield their revenues abide, and one index signals little investor confidence in a relative advantage.
January 20 -
The collection business has an exceptionally high churn rate compared with other industries, approximately 90% annually, according to industry sources.
January 20 -
NORTH HIGHLANDS, Calif. – SAFE CU opened a new branch, its 22nd, to serve residents in Carmichael and Orangevale.
January 19 -
The president and chief executive of Pinnacle Bankshares Corp. in Altavista, Va., is retiring. Robert Gilliam Jr., will leave in a "midyear 2011 time frame," the $303.5 million-asset company said Tuesday in a press release.
January 19 -
Fourth-quarter earnings at Fulton Financial Corp. in Lancaster, Pa., improved from a year earlier in part because of higher mortgage income and a lower loan-loss provision.
January 19 -
Century Bancorp Inc. in Medford, Mass., earned $13.6 million in 2010, boosting net income 33.6%. Fourth-quarter net income at the $2.4 billion-asset company rose 27.2% from a year earlier, to $3.9 million. The results were announced Tuesday.
January 19 -
Hancock Holding Co. in Gulfport, Miss., reported late Tuesday that its net income increased nearly 28% in the fourth quarter from a year earlier.
January 19 -
The Federal Deposit Insurance Corp. is targeting directors and executives of another failed bank, but this time the agency has a guilty plea to back its claims of mismanagement.
January 19




