Consumer banking
Consumer banking
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WASHINGTON — State regulators shut $209.7 million-asset LibertyPointe Bank of New York, a rare move for a Thursday evening that usually indicates a bank's condition was deteriorating rapidly.
March 11 -
HONOLULU – A local Hawaiian priest on Monday performed the blessing at the opening ceremonies of Aloha Pacific FCU’s newest branch, the credit union’s ninth.
March 11 -
JEFFERSON CITY, Mo. – The management and boards of 10 small credit unions that serve the Missouri Department of Transportation’s 10 districts will have to look for new facilities after a budget-cutting move by the state expelled them from their decades-old offices on state property.
March 11 -
In what would be the biggest credit union merger to date, Addison Avenue Federal Credit Union and First Tech Credit Union have announced an agreement to combine and create a credit union with almost $5 billion of assets.
March 11 -
MetroCorp Bancshares Inc. in Houston announced a revision to its fourth-quarter results, widening its loss largely as a result of additional loan-loss provisioning.
March 11 -
Heritage Oaks Bancorp in Paso Robles, Calif., said it plans to raise $60 million through a private placement of preferred shares.
March 11 -
PAB Bankshares Inc. in Georgia says it plans to raise $85 million through a common stock offering.
March 11 -
Tower Bancorp Inc. in Harrisburg, Pa., doesn't mind taking on the problem assets of First Chester County Corp., but it wants no part of its mortgage business.
March 11 -
The Federal Reserve is requiring Idaho Bancorp to submit a plan to maintain sufficient capital.
March 11 -
SAN ANTONIO – Generations FCU is the latest credit union to partner with Goodwill Industries and opened a branch in a Goodwill store here.
March 10 -
AUSTIN, Texas – Amplify FCU, a former IBM employees credit union, said it hopes to build as many as 15 branches over the next three years.
March 10 -
Brookline disclosed last week that George C. Caner Jr. had resigned from the $2.5 billion-asset company's board of directors.
March 10 -
The closing of the sale of Harleysville National Corp. to First Niagara Financial Group of Buffalo has been pushed back.
March 10 -
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FirstMerit Corp. of Akron, Ohio, will need sharp elbows as it expands into the city of broad shoulders.
March 10 -
As reform moves forward, Congress should focus risk retention on securities and high-risk assets that have been proven to generate high defaults, market imbalances and disruptions.
March 10 -
President Obama now has an historic opportunity to make sure that the small group of governors that runs the Fed represents consumers and not just the banking industry.
March 10 -
U.S. revolving credit, 98% of which is credit card debt, fell to $864.4 billion in January from a revised total of $866.1 billion in December, marking the 16th consecutive month that saw Americans shed credit card debt, according to the Federal Reserve's latest G.19 report.
March 10 -
[Re "Politics, Economics Clash in CUs' Bid to Lift Cap," March 8]Doubling the credit unions' member business loan limit won't increase small business lending or create jobs.
March 10 -
The Federal Reserve is requiring Idaho Bancorp, which operates the Idaho Banking Co., to submit a plan to maintain sufficient capital.
March 10


