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First PacTrust Bancorp Inc. in Chula Vista, Calif., has hired Marangal Domingo to serve as its chief financial officer.
May 9 -
NexBank in Dallas is expanding into correspondent lending for banks and mortgage brokers.
May 9 -
WASHINGTON — Premier American Bank in Miami picked up another failed institution Friday, assuming the operations of Coastal Bank in Cocoa Beach, Fla.
May 6 -
International Bancshares Corp. in Laredo, Texas, said Friday that first-quarter earnings rose 5% from a year earlier, in part because of lower credit costs.
May 6 -
A federal court agreed Thursday to let the National Credit Union Administration submit records under seal, bolstering its case for the April 15 conservatorship of Vensure Federal Credit Union.
May 6 -
Standard & Poor's said late Thursday that F.N.B. Corp. in Hermitage, Pa., has joined its S&P SmallCap 600 index.
May 6 -
The newly chartered United Resources Federal Credit Union in San Dimas, Calif., plans to start soliciting for up to $250 million in new capital, the corporate said on Friday.
May 6 -
First BanCorp in San Juan, Puerto Rico, increased capital ratios slightly in the first quarter, though they remain below the levels mandated by regulators.
May 6 -
It takes special circumstances for one bank to foreclose on another, but such an event took place this year, leading to last month's sale of Generations Bank to National Bancorp.
May 6 - Texas
NetSpend Holdings Inc.'s first-quarter revenue rose 16% from a year earlier, to $80.8 million, as the activity on its prepaid debit cards increased and more of its customers began using direct deposit.
May 5 -
Citizens Republic Bancorp Inc. in Flint, Mich., has agreed to create two new housing programs in Detroit as part of a settlement with the Justice Department involving violations of the Fair Housing Act and the Equal Credit Opportunity Act.
May 5 -
The choice of private equity's Edward Grebow to lead the union-owned Amalgamated Bank might still be considered an odd coupling — if the deficit-laden institution wasn't bleeding out profits and capital.
May 5 -
The FDIC has upped the ante in its push to force Republic Bank to stop making refund-anticipation loans, amending a notice of charges against the bank to include new violations.
May 5 -
The acquisition of a 90.1% stake in Green Bankshares would be North American Financial's sixth since the holding company was created last year to buy failed or struggling banks.
May 5 -
Many have argued that competitive pressures and increased regulatory costs will force a wave of consolidation in the banking industry. On Thursday, a prominent banker made a stark prediction about how many institutions will survive the next decade.
May 5 -
A federal judge has ordered the repatriation of $2.3 million traced to last year's collapse of St. Paul Croatian Federal Credit Union from a Macedonian bank as authorities try to determine if the funds were among those siphoned from the onetime $240 million-asset credit union.
May 4 -
Community Shores Bank Corp. in Muskegon, Mich., said Wednesday that its first-quarter loss widened to $734,000, from $440,000 a year earlier.
May 4 -
Tri-Valley Bank in San Ramon, Calif., said late Tuesday that it added three directors and elected a former Wells Fargo & Co. executive to chair its board.
May 4 -
A failed-bank acquisition lifted the first-quarter earnings of First Bancorp in Troy, N.C. The $3.4 billion-asset company's earnings rose 56% from a year earlier, to $5.3 million, according to a late Tuesday press release.
May 4 -
Brand Group Holdings Inc. in Lawrenceville, Ga., said Wednesday that it had raised $200 million in capital through a number of well-known private-equity groups.
May 4





