Consumer banking
Consumer banking
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Harrington West Financial Group Inc. is courting potential investors as the next step in recapitalizing itself, Craig J. Cerny, its chairman and chief executive officer, said in an interview Thursday.
November 12 -
John Kanas is remaking BankUnited in the image of the last company he ran, starting with a bold campaign to recruit bankers from rivals across Florida.
November 12 -
Properly structured financial education programs can and do help people make wise decisions about their personal finances. These six components are key.
November 12 -
Another round of writedowns on pooled trust-preferred securities has left Rainier Pacific Financial Group Inc. and its bank unit significantly undercapitalized.
November 11 -
FirstMerit Corp. in Akron said Wednesday that it has agreed to buy about $1.2 billion of deposits and 24 Chicago-area branches from First Bank of St. Louis.
November 11 -
SEATTLE – BECU said it is opening a new branch in the community of Lower Queen Anne in a site formerly hosting a Taco Del Mar fast-food shop.
November 11 -
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Selling its Kansas branches helped Harrington West Financial Group Inc. hit a capital deadline this month. But the Solvang, Calif., company is far from mended.
November 11 -
The significantly undercapitalized Amcore Financial Inc. is warning that its bank might fail if it cannot come up with an acceptable capital plan within a few weeks.
November 10 -
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Because of accounting errors, VIST Financial Corp. in Wyomissing, Pa., is revising its results for the past four quarters.
November 10 -
Its investments in bank stocks prompted StellarOne Corp. in Charlottesville, Va., to widen its third-quarter loss by 16%, to $9.4 million, or 41 cents a share.
November 10 -
Horizon Financial Corp. in Bellingham, Wash., has warned that it may fail because the company and its bank unit are critically undercapitalized.
November 10 -
Nonperforming assets rose dramatically at Tamalpais Bancorp in San Rafael, Calif., forcing it to swing to a loss of $5M in the third quarter, from a profit of $1.5 million a year earlier.
November 10 -
Green Bankshares said "no thanks" to a major shareholder's unsolicited offer to inject up to $40 million of fresh capital into the company so it can buy failed banks.
November 10 -
Green Bankshares Inc. in Greeneville, Tenn., said "no thanks" to a major shareholder's unsolicited offer to inject $25 million to $40 million of fresh capital into the company so it can buy failed banks.
November 10 - California
East West Bancorp's takeover of the failed United Commercial Bank not only catapulted the struggling firm to new prominence, but it also sets up a showdown in California between the two biggest Chinese-American lenders.
November 9 -
Fannie Mae has given more than three dozen credit unions until next week to accept an offer of pennies on the dollar for about $125 million of their mortgages that the defunct U.S. Mortgage fraudulently sold to Fannie.
November 9 -
The seizure of its $13 billion-asset United Commercial Bank on Friday suggests that even institutions the Treasury Department had the most confidence in a year ago are not all going to be winners in this down cycle — or, for that matter, survivors.
November 9 -
TULSA, Okla. – Energy One FCU celebrated the opening of its newest branch — an in-company location at the OXY La Porte VCM Plant in La Porte, Texas.
November 8




