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Anchor BanCorp Wisconsin Inc. in Madison has been warned by the Nasdaq that it no longer complies with listing requirements.
June 25 -
Seven months after announcing its third attempt to buy a bank, the blank-check company Western Liberty Bancorp has changed the terms of its most recent deal.
June 25 -
Federal regulators have ordered Cowlitz Bancorp of Longview, Wash., to raise capital or accept a sales offer by July 15, the company said Tuesday in a filing with the Securities and Exchange Commission.
June 24 -
Fortune Bank in Seattle said Thursday that it plans to sell up to $460 million in stock through an initial public offering.
June 24 -
WSFS Financial Corp. in Wilmington, Del., announced an agreement Thursday to acquire Christiana Bank & Trust Co. from National Penn Bancshares Inc. for $34.5 million.
June 24 -
There's a group of community banks flush with capital, unburdened by delinquent loans and busily expanding assets — at the expense of troubled kin. The de novo class of '07 and '08 fortuitously opened its doors just before regulators said Do Not Enter, but late enough in the game to realize strict loan standards were necessary to navigate the real estate recession. Now they're coming for troubled banks' lunch money.
June 24 - Illinois
As House members debated the financial regulatory package, Republicans Judy Biggert and Darrell Issa surprisingly won adoption of an amendment Wednesday that would require the Federal Deposit Insurance Corp.'s inspector general to investigate whether political pressure played a role in securing private-sector assistance for troubled institutions.
June 23 -
Capitol Bancorp Ltd. finds itself in a precarious situation — even though it has spent the past 14 months shedding banks to raise capital.
June 23 -
MidSouth Bancorp Inc. of Lafayette, La., said late Tuesday that the Gulf oil spill and drilling moratorium could affect roughly $15 million of its loans.
June 23 -
BancTenn Corp. last week filed an application with the Federal Reserve to form a bank holding company in order to acquire up to 20% of a commercial bank in North Carolina.
June 22 -
As a way to identify more with San Diegans, First Business Bank is changing its name to Bank of Southern California and opening a fourth branch in July.
June 22 -
BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., has given bondholders another month to cash out trust-preferred securities.
June 22 -
After flying under the radar for much of the recession, the Pacific Northwest has been hit with a string of failures — and more choppiness lies ahead.
June 22 -
Five years after it began offering financial services to its underbanked clientele, Rent-A-Center Inc. is renewing its commitment to the sector.
June 21 -
Despite a $500 million recapitalization plan, Pacific Capital Bank in Santa Barbara, Calif., is being ordered to boost capital.
June 21 -
First Southern Bancorp Inc. has paid the Treasury Department $11.5 million, repurchasing all of its outstanding preferred stock in the Troubled Asset Relief Program.
June 21 -
Nevada saw its third failure of the year late Friday, with the collapse of $480 million-asset Nevada Security Bank in Reno.
June 20 -
Nevada saw its third failure of the year late Friday, with the collapse of $480 million-asset Nevada Security Bank in Reno.
June 18 -
Old Harbor Bank said Thursday that Anthony N. Leo would take over as chief executive to handle its restructuring and lead its new growth strategies. The $243 million-asset thrift also announced a new capital raise in conjunction with the executive shuffle as the bank tries to redeem itself from being undercapitalized.
June 18 -
Regulators are clamping down on Hampton Roads Bankshares Inc. in Virginia, despite a private-equity recapitalization plan.
June 18




