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United Community Financial (UCFC) in Youngstown, Ohio, will take a $5.2 million loss on a group of loans to a single commercial customer.
July 3 -
Pacific Premier Bancorp (PPBI) in Costa Mesa, Calif., is considering raising up to $50 million in fresh capital so it can make more acquisitions if and when opportunities arise.
July 3 -
Roma Financial (ROMA) in Robbinsville, N.J., announced late Monday that its president and chief executive, Peter Inverso, will step down next year and that its board will form a search committee to find a replacement.
July 2 -
Montgomery County in Maryland is teaming up with five local banks on a new program designed to encourage more bank lending to small businesses.
July 2 -
The board of Postal Credit Union in Woodbury, Minn., has approved an amendment to its field of membership bylaws that would allow anyone in the country who makes a $5 donation to the John D. Miller Scholarship fund to be eligible to join the $530 million-asset credit union.
June 29 -
Cardinal Bankshares Corp. in Floyd, Va., has settled a dispute with a former executive it claims was conspiring with an investor to force its sale.
June 29 -
The Federal Reserve Bank of Richmond has ordered Village Bank and Trust Financial in Midlothian, Va., to serve as a source of strength for its ailing bank subsidiary.
June 28 -
RAPID CITY, S.D. — NCUA Chairman Debbie Matz told credit union executives here yesterday the agency is very close to approving a charter for a credit union that will serve the Lakota Indians, also known as the Sioux, at their Pine Ridge Reservation in Kyle.
June 28 -
Continuing its string of Texas acquisitions, Prosperity Bancshares in Houston announced Thursday that it is buying Community National Bank in Bellaire for $26.6 million in cash and stock.
June 28 -
Carver Bancorp (CARV) reported a wider loss for the quarter that ended on March 31, compared to a year earlier, largely because of higher chargeoffs and reduced loan income.
June 26 -
Banks and Farm Credit lenders are typically rivals, but Huntington Bank and GreenStone Farm Credit Services have set aside their differences to come to the aid of Michigan fruit growers and processors.
June 26 -
Saratoga National Bank and Trust in Saratoga Springs, N.Y., has announced its succession plan for when its current chief executive and president, Raymond F. O’Conor, steps down at the end of the year.
June 26 -
The Federal Reserve Board has issued enforcement orders against two community bank holding companies requiring them to serve as sources of strength for their struggling bank subsidiaries.
June 26 -
The insurance unit of BancorpSouth (BXS) has agreed to buy the assets of Securance Group, an insurance agency in Brewton, Ala.
June 25 -
Struggling First Place Financial (FPFC) in Warren, Ohio, has turned to longtime banking executive Louis Dunham to help lead its recovery.
June 25 -
Kearny Financial (KRNY) of Fairfield, N.J., has decided to skip its next quarterly dividend payment despite a proposal from the Federal Reserve Board that would prohibit thrift holding companies from missing dividend payments.
June 22 -
USAmeriBank of Largo, Fla., has purchased a building in Tampa, Fla., where it intends to open a new branch and staff it with 25 new hires.
June 22 -
Ixonia Bancshares in Milwaukee has raised $21 million in fresh capital, including $16.5 million from a wealthy family that also owns a stake in the Milwaukee Brewers baseball club.
June 21 -
A federal appeals court has denied Republic Bancorp's bid to recover $14 million it lost on securities investments because it believes the Louisville, Ky., company should have been aware of the risks it was taking.
June 21 -
When HSBC sold its branches in upstate New York, it created a big change with dozens of branches changing hands. Once the signs are changed, a number of community banks and regionals will have to work hard to keep business in those branches.
June 21



