Consumer banking
Consumer banking
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When Larry Brown, the chief executive at Bank of Little Rock, first heard the name Kasasa, he thought the conversation had turned from rewards checking to what's for dinner.
September 29 -
The Federal Reserve Board has ordered Bankers' Bancorp Inc. in Springfield, Ill., and its subsidiary Independent Bankers' Bank, to improve accounting practices.
September 29 -
LOWELL, Mass.–Jeanne D’Arc Credit Union has opened a new 53,000-square-foot coporate headquarters here. The new building is at One Tremont Place, the site of the historic Tremont Yard & Mills. To mark the opening, the $735-million credit union hosted a gala that included numerous local dignitaries. The credit union has a long history in the town and is among the nation’s oldest, having been founded in 1912.
September 28 -
KleinBank's new CEO already has a deal to buy a struggling one-branch competitor, and industry observers say more companies could start eyeing similar small deals.
September 28 -
Eager to bolster its capital ratios, Citizens Republic Bancorp Inc. in Flint, Mich., said Monday that it will more than triple the number of shares it has outstanding, as part of a deal to exchange subordinated debt and trust-preferred securities for common stock.
September 28 -
American Home Bank in West Chester, Pa., is looking to buy seasoned, high-quality residential mortgage loans from financial institutions.
September 28 -
PVF Capital Corp. in Solon, Ohio, cited a steep increase in its loan-loss provision in reporting that the net loss for its fiscal fourth quarter widened 192% from the year earlier, to $7.9 million.
September 28 -
The president and chief executive officer of Royal Asian Bank in Philadelphia is leading a group of investors that struck a deal to buy it.
September 28 -
BIRMINGHAM, Ala. – APCO Employees CU broke ground last week on a new three-story office project that will triple its current office space.
September 27 -
Last week a handful of struggling companies either closed on capital raises or announced plans to raise capital despite pending or expected agreements with regulators.
September 25 - Georgia
Regulators closed the $2 billion-asset Georgian Bank in Atlanta on Friday, the industry's 95th failure of the year. Despite its relatively small size, regulators estimated it would take a heavy toll on the Deposit Insurance Fund, costing $892 million.
September 25 -
When it bought the failed bank and thrift units of Irwin Financial Corp. from the Federal Deposit Insurance Corp. last week, First Financial managed to get terms so attractive that others are taking notice.
September 24 -
A small Florida bank raised $70 million through an initial public offering Wednesday, in what is believed to be the first such deal in the banking sector in two years.
September 23 -
With as much as $196.6 million headed to its war chest, Old National Bancorp in Evansville, Ind., could be striking deals for failed banks soon.
September 23 -
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With its expansion into Pennsylvania underway through two large acquisitions there, First Niagara Financial Group said Wednesday that it intends to sell $400 million of common stock so it can continue the buying spree.
September 23 -
With its stock trading under a dollar since June 23, Midwest Banc Holdings Inc. is in danger of being delisted.
September 22 -
DANVILLE, Penn. – Service 1st FCU broke ground last week on its future Corporate Center.
September 22 -
Some of the country's healthier midsize banks are losing interest in buying failed institutions, contending the deals are costly, time-consuming and in some ways not worth the trouble.
September 22




