-
Metro Bancorp Inc. in Harrisburg, Pa., plans to sell $75 million of its common stock, in an offering that could help smooth its pending acquisition of Republic First Bancorp Inc. in Philadelphia.
September 21 -
The failures of $2.7 billion-asset Irwin Union Bank and Trust Co. and $493 million-asset Irwin Union Bank were estimated to cost the Deposit Insurance Fund a total of $850 million.
September 18 -
James Gutierrez, chief executive of Progress Financial in San Jose, believes he has found the key to reaching unbanked Hispanics — credit.
September 18 - Kentucky
The failures of $2.7 billion-asset Irwin Union Bank and Trust Co., of Columbus, Ind., and $493 million-asset Irwin Union Bank, of Louisville, Ken., were estimated to cost the Deposit Insurance Fund a total of $850 million.
September 18 -
A year after the Troubled Asset Relief Program came along, a growing number of community banks the government spurned are on the brink of failure.
September 17 - South Dakota
Far from any population center, Michael Jandreau, the chairman of the Lower Brule Sioux Tribe, knew even an enormous casino couldn't generate enough revenue for the South Dakota tribe. So he did the next best thing: he bought a wealth management company, Westrock Group Inc. in New York.
September 17 -
As the tally of failed banks continues to grow, so does the list of institutions with similar names that have had to calm down confused customers and business partners.
September 16 -
Community Trust Financial Corp. in Ruston, La., is expanding into Mississippi. The $1.2 billion-asset company has a deal to buy the $65 million-asset Madison Financial Corp., which would add three branches in the neighboring state.
September 15 -
Michael E. Kelly, the billionaire who built FBOP Corp. by snapping up ailing banks around the country in the 1980s and 1990s, now may have to give up some control of this far-flung empire — or lose all of it.
September 15 -
Washington Federal Inc. in Seattle is raising $300 million of capital to support its growth and possibly make acquisitions.
September 14 -
FBOP Corp. of Oak Park, Ill., which is low on capital at five of its nine banks, has a written agreement with regulators requiring it to improve quickly.
September 14 -
Time ran out on Corus Bank late Friday as regulators closed the once-high-flying Chicago condominium lender and sold its operations to another institution.
September 11 -
Wilshire Bancorp Inc. in Los Angeles has filed a shelf registration to raise up to $100 million of capital.
September 11 -
Premier Members Federal Credit Union in Boulder, Colo., which has an agreement to absorb Colorado United Credit Union in Denver, said it expects to pursue more deals.
September 11 -
The struggling Park View Federal Savings Bank of Solon, Ohio, must boost its capital levels by yearend, and it has a new chief executive officer on board to help.
September 11 -
Global Consumer Acquisition Corp.'s grand plan to build one of the largest community banking operations is back on track with a deal to buy Service1st Bank of Nevada in Las Vegas.
September 10 -
Absorbing Texas Community would increase Patriot's asset size by nearly half, to $1.67 billion, making it the 10th largest privately held banking company in the state.
September 10 -
The New York blank-check company said Wednesday that it signed a letter of intent to buy the $204 million-asset Service 1st Bank of Nevada in Las Vegas.
September 9 - Texas
Merrill Lynch & Co. has agreed to pay $26.5 million in a national settlement stemming from Texas' claims that the brokerage allowed sales assistants to sell securities without being properly registered, said State Securities Commissioner Denise Voigt Crawford.
September 9 -
At least two community banking companies announced plans Tuesday to raise capital, some of which may be used to repay government capital.
September 8






