Consumer banking
Consumer banking
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ATLANTA-A new study has found shared branching has helped credit unions capture more consumers dissatisfied with banks, especially higher-revenue households.
April 19 -
After selling a large chunk of its nonperforming assets in the fourth quarter, State Bancorp Inc. in Jericho, N.Y., returned to profitability in the first quarter.
April 18 - Washington
WASHINGTON — TD Bank of Wilmington, Del., purchased three separate failed banks in Florida late Friday, totaling $3.9 billion in assets, on a night that saw a total of eight bank collapses.
April 18 -
SOUTH LANSING, Mich. – Lake Trust CU, a newly created credit union giant, on Friday broke ground on a new branch on the former Brownfield site of Lansing’s long-abandoned Regent Inn.
April 18 - Massachusetts
WASHINGTON — TD Bank of Wilmington, Del., purchased three separate failed banks in Florida late Friday, totaling $3.9 billion in assets, on a night that saw a total of eight bank collapses.
April 16 -
The $5.1 billion-asset company, with dual headquarters in Lansing, Mich., and Phoenix, announced Friday that it had entered into stock redemption agreements with the local owners of Fort Collins Commerce Bank, Larimer Bank of Commerce and Loveland Bank of Commerce.
April 16 -
Commerce Bancshares Inc. in Kansas City, Mo., said its first-quarter earnings rose 43% from a year earlier, to $44.2 million.
April 16 -
When Bank of North Carolina took over Beach First National Bank in Myrtle Beach on April 9, the seller was the first bank failure in South Carolina in 11 years.
April 16 -
ROCK HILL, S.C. – Family Trust FCU plans to begin construction early next year on its first branch in Fort Mill, which will be the credit union’s eighth branch.
April 15 -
Four Oaks Fincorp Inc. and a shareholder are engaged in a proxy battle over a proposal to separate the North Carolina company's chairman and CEO roles.
April 15 -
These are not easy days for community banks in Georgia and Florida, but signs of hope are springing. This week in Georgia Ameris Bancorp in Moultrie announced plans to raise nearly $74 million in fresh capital via a public offering, and Gwinnett Community Bank said it raised $5 million from members of its community.
April 15 -
BATON ROUGE, La. – La Capitol FCU has acquired the CU Service Center branch here, making the Louisiana shared branch network an all outlet environment.
April 14 -
ALBANY, N.Y. – SEFCU, a $2 billion capital city credit union, is moving its local operations to a new commercial building in downtown Schenectady, and will rename the $4.5 million building SEFCU Square.
April 14 -
Many in the collection business have fallen on bad times. For some, it’s the first time they’ve been in this position, and they’re looking to lenders for collaborative solutions to help manage their debt.
April 14 -
Westamerica Bancorp. of San Rafael, Calif., announced Tuesday that its first-quarter earnings fell 55% from a year earlier, to $23.6 million, as its credit costs remained relatively low but were significantly higher than a year earlier.
April 13 -
First Mariner Bancorp of Baltimore has boosted its common equity by $10.9 million. The $1.38 billion-asset company announced Tuesday that it had raised $3.9 million through a rights offering to existing shareholders, and raised the remaining $7 million in a public stock offering.
April 13 -
The Federal Deposit Insurance Corp.'s board voted Tuesday to extend by six months its program offering unlimited deposit insurance for business accounts, a sign that it remains concerned about the health of community banks.
April 13 -
TierOne Corp. in Lincoln, Neb., said that it has been notified that it is noncompliant with Nasdaq's listing rules for a second time in several months.
April 12 -
Pacific West Bank in West Linn, Ore., has accepted a consent order with federal and state regulators requiring it to strengthen capital and address asset-quality deterioration, the bank has announced.
April 12 -
Green Bancorp Inc. announced Monday that it will receive $115 million in fresh capital from a group of private-equity firms, positioning the Houston company to become a significant acquirer in Texas.
April 12



