Consumer banking
Consumer banking
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Shares of Severn Bancorp Inc. fell Tuesday after the Annapolis, Md., company announced that it has come under more regulatory scrutiny.
November 24 -
Mercantile Bancorp Inc. is shedding half its banks in a series of deals that illustrates the financial contortions some companies need to survive the recession.
November 24 -
Washington Banking Co. started a public offering of at least $30 million of its common stock as the small northwest Washington company looks to boost its capital levels.
November 24 -
People's United Financial Inc. in Bridgeport, Conn., has been fanning expectations of a bank acquisition for years. Monday's deal, however, wasn't it.
November 23 -
The National Credit Union Administration assigned Kent Buckham — who was moved aside as chief corporate credit union examiner amid last year's implosion of two such institutions — to be the first director of its Office of Consumer Protection.
November 23 -
People's United Financial Inc. agreed to acquire Financial Federal Corp. in a stock and cash deal valued at about $738 million, increasing its presence in the equipment-finance sector.
November 23 -
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Regulators closed Commerce Bank of Southwest Florida Friday, the Sunshine State's third failure in a week.
November 20 -
With its bank unit low on capital, PremierWest Bancorp in Medford, Ore., is planning to raise up to $36 million in a rights offering.
November 20 -
Bank of Florida in Naples, which is under regulatory pressure to raise capital, has postponed a $135 million stock offering, saying market conditions have deteriorated.
November 20 -
When it comes to pristine loan portfolios, Malaga Financial is among the truly elite. It had zero nonperforming loans at the end of the third quarter, a distinction shared by only 6.5% of banks and thrifts nationwide.
November 20 -
CLARKSVILLE, Tenn. – Fast-growing Fort Campbell FCU has opened a new branch, its ninth, at Tiny Town and Heritage Pointe Drive in Clarksville.
November 19 -
Hanmi Financial Corp. has filed a shelf registration to raise up to $200 million.
November 19 -
Georgia Bancshares Inc. in Peachtree City said Thursday that it had lost $1.9 million in the third quarter, bringing its loss for first nine months of the year to $7.6 million.
November 19 -
Imperial Capital Bancorp, which must raise $218 million of capital quickly to satisfy regulators, is talking with several potential investors, Joe Kiley, its president and chief executive officer, said in a brief interview Thursday.
November 19 -
A private-equity firm's deal to buy the struggling Greater Atlantic Financial Corp. in Reston, Va., is getting more time to close.
November 19 -
Banks and bankers have got to make every effort to restore the industry's reputation. There is no silver bullet to accomplish this, but here are some steps that would help.
November 19 -
Westamerica Bancorp. bought back the remaining preferred shares sold to the Treasury Department in February, becoming the latest banking company to redeem its funding under the Troubled Asset Relief Program.
November 19 -
PALO ALTO, Calif.–Addison Avenue Federal Credit Union acquired USE Credit Union’s San Jose, Calif., branch on Nov. 1, and said it now offers its members greater convenience with branches throughout the Silicon Valley.
November 18 -
EUGENE, Ore. – SELCO Community CU said it is expanding its service in central Oregon with a new branch inside the Redmond Wal-Mart.
November 18



