Consumer banking
Consumer banking
-
-
In reporting the loss of $156.4 million — by far the largest of its seven consecutive quarterly losses — William R. McManaman, Amcore's chairman and chief executive officer, said in a press release that a stock offering would be unlikely to succeed but that it continues to pursue other options for raising capital.
October 27 -
A thrift's unusually structured deal to take over a nonbank commercial lender encapsulates the key challenges facing both sectors: capital for the depositories and funding for the finance companies.
October 27 - Kansas
The Federal Reserve Board used its prompt corrective action powers Tuesday on SolutionsBank of Overland Park, Kan., after deeming it undercapitalized.
October 27 -
For the first time in nine years, Congress is poised to pass a bill reauthorizing the SBA, but different approaches by the House and Senate could still undercut the effort.
October 27 -
I support the Treasury Department's announcement of core principles for regulatory capital standards. Higher capital standards will enhance the stability of the financial system.
October 27 -
Metro Bancorp in Harrisburg, Pa., swung to a $490,000 loss in the third quarter, but said it plans to use the $77.9M of capital it just raised to complete its pending acquisition of Republic First Bancorp in Philadelphia and continue growing aggressively.
October 27 -
West Coast Bancorp of Lake Oswego, Ore., one of many struggling institutions in the Pacific Northwest, said Monday it managed to raise all the capital it needed to satisfy regulators — and then some.
October 26 -
Regulators at the American Bankers Association's annual meeting in Chicago discussed how best to replenish the Deposit Insurance Fund.
October 26 -
WHITEHALL, Mich. – HarborLight CU and Whitehall High School have teamed up to open the second White Lake Area student-run credit union branch.
October 26 -
FAIRFAX, Va. – Apple FCU’s new student-run branch will not only serves students and faculty at Battlefield High School but also serve as a resource to help expand the horizons of special education students within the school.
October 26 -
SOUTH BEND, Ind. – Notre Dame FCU plans to close its downtown Mishawaka branch and open a new location in the Saint Joseph Regional Medical Center.
October 26 -
Suprisingly sharp deterioration of its commercial real estate loans forced PrivateBancorp Inc. in Chicago to a $31.2 million loss in the third quarter and sent its stock tumbling Monday.
October 26 -
Porter Bancorp Inc. of Louisville, Ky., moved ahead Friday with plans to buy Citizens First Corp. directly from shareholders, after getting snubbed by the board.
October 24 - Wisconsin
Failures in 2009 shot past the 100-mark late Friday as regulators swooped into seven community banks in the Midwest and southeast.
October 24 - Illinois
Failures in 2009 shot past the 100-mark late Friday as regulators swooped into seven community banks in the Midwest and southeast.
October 23 -
Though United Community Banks in Blairsville, Ga., continued to suffer worse-than-expected loan losses in the third quarter, it offered an optimistic outlook on a conference call Friday.
October 23 -
Citizens Republic Bancorp in Michigan is finding that capital counts for a lot. The company lost $853.4 million in the past year and a half, including $56.9 million in the third quarter.
October 23 -
Citizens Republic Bancorp in Flint, Mich., is finding that capital counts for a lot. The company lost $853.4 million in the past year and a half, including $56.9 million in the third quarter.
October 23



