Consumer banking
Consumer banking
-
-
The dismal results came after the $1.6 billion-asset company said it would sell a majority of its common stock to private-equity-backed North American Financial Holdings.
November 15 -
Eastern Bank Corp. has received regulatory approval to buy Wainwright Bank and Trust Co., the Boston companies said Monday.
November 15 -
Capitol Federal said it had received conditional approval from the OTS to begin a new offering of between 118 million and 159 million shares of common stock at $10 a share.
November 15 -
ATLANTA – Delta Community CU is opening a new branch in Decatur Thursday, the credit union’s first service center in DeKalb County.
November 15 -
Horizon Bancorp in Michigan City, Ind., said it has repurchased 25% of its preferred stock under the Troubled Asset Relief Program.
November 15 -
The $7.5 billion-asset company on Monday held a call for all of its 8% trust-preferred securities that were due in 2032 at a redemption price of $25 a share.
November 15 -
Bank of Granite in Granite Falls, N.C., cited higher credit-related expenses in reporting that it third-quarter loss widened to $4.3 million.
November 15 -
Royal Bancshares of Pennsylvania Inc. in Narberth said Monday that it narrowed its third-quarter loss by 36% compared with a year earlier.
November 15 -
Increased regulation has been widely cited as a catalyst for the recent wave of bank acquisition deals, but lately regulators have been throwing some wrenches into the works.
November 15 -
Financial institutions need part-time help to fix a big-time problem: branch costs disproportionate to a dwindling number of customer and member visits.
November 15 -
After acquiring 11 branches from troubled Anchor Bank, Royal CU has seen a net increase in members (5%), deposits (4%), and loans (11%) at the new offices since they opened for CU business in June.
November 15 -
Illinois Attorney General Lisa Madigan filed a lawsuit last week against Omega Business Center, a Chicago-based business, claiming it bilked consumers out of an estimated $300,000 for debt relief services it never provided.
November 14 - Georgia
Two failures in Georgia and another in Arizona late Friday cost the Deposit Insurance Fund about $204 million.
November 12 -
Two failures in Georgia and another in Arizona late Friday cost the Deposit Insurance Fund about $204 million.
November 12 -
Considered to be a deal broker and careful listener by those who have worked with him in the past, Joseph Smith won near-universal acclaim as Obama's pick to lead the FHFA.
November 12 -
First Northern Community Bancorp in Dixon, Calif., said Owen Onsum will retire as president and chief executive at the end of the year.
November 12 -
Tri-County Financial Corp. in Waldorf, Md., said Friday that its board authorized the repurchase of up 1% of its common stock.
November 12 -
Cardinal Bankshares Corp. in Floyd, Va., said Friday that its third-quarter earnings nearly tripled year over year, to $829,000.
November 12 -
The $889.4 million-asset company said late Wednesday that it was selling about 62% of its stock still owned by its mutual holding company, or up to 8.7 million shares of common stock, at $8 a share.
November 12


