ELIZABETHTOWN, N.Y. – Ticonderoga FCU provided a $300 donation to the local food bank, as well as a drawing for a $1,200 "Economic Stimulus Package," double the amount provided by the federal government last summer, as part of the opening of its new branch here this week.

GLENDALE, Ariz. – Credit Union West has acquired a local office building, known as The Technology Center, from a private trust for $3.6 million, or about $100 per square foot.

LYNN, Mass. – Lynn Teachers CU has obtained approval to move out of its tiny offices in the local junior/senior high school into new offices in the vocational and technical annex.

Vineyard National Bancorp in Corona, Calif., reported a loss of $28.6 million for the quarter that ended Sept. 30, bringing its total loss for the first nine months of the year to $109.8 million.

Capital Corp. of the West, which last week warned that its future could be in doubt if it failed to raise capital, said late Monday that it had lost $54.6 million in the third quarter, compared to a profit of $6 million the year earlier.

Privately held and thinly traded banking companies that participate in the Treasury Department's Troubled Asset Relief Program would face tighter restrictions than publicly traded ones, particularly when it comes to paying dividends and redeeming trust-preferred securities.

BURLINGTON, N.C. – Proponent FCU broke ground yesterday on a new 16,000 square-foot project that will serve as a North Carolina hub and a full-time branch for the New Jersey-based credit union.

WASHINGTON — In a matter of hours Friday, four large insurance companies announced marriages with troubled thrift companies, and the Office of Thrift Supervision played the role of matchmaker, according to industry sources.

WASHINGTON — The Treasury Department announced Monday that privately held banks and thrifts are now eligible for direct capital injections from the government.

The government agency that guarantees loans to farmers is tightening the guidelines on the interest rates that may be charged, because the current policy is so vague that it has exposed lenders to lawsuits.

Graystone Financial Corp. in Harrisburg has been one of Pennsylvania's fastest-growing banking companies since it was founded three years ago.

SALISBURY, N.C. – Lion’s Share CU, the credit union for Food Lion supermarkets, opened a new home adjacent to its corporate sponsor’s offices.

MEMPHIS – LG&W FCU said it plans to build a 7,800-square-foot, single-story building here to serve as its new home.

The chairman of Vineyard Bancorp has assembled a group of investors to buy the Corona, Calif., company, but questions remain whether he can raise enough capital to restore the badly hobbled company to health.

SHREVEPORT, La. – Professional Fire Fighters CU said it has acquired a new building where it will move its headquarters.

MIDWEST

Dragged down by a weak final quarter, Magyar Bancorp in New Brunswick, N.J., posted a $2.9 million loss for its fiscal year, which ended Sept. 30.

The Texas Finance Commission said Wednesday that Charles G. Cooper will become the state's banking commissioner Dec. 1.

As Prosperity Bancshares Inc. in Houston was rolling up small Texas banks in recent years, it often bumped up against Franklin Bank Corp., another acquisitive company in its hometown that on several occasions frustrated Prosperity by outbidding it.

Signature Bank in New York said Wednesday that it has opened its first branch on Staten Island and hired two teams of bankers from SI Bank and Trust to serve customers there.