Consumer banking
Consumer banking
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Jacksonville Bancorp (JAXB) in Florida has sold roughly $25.1 million of troubled assets and completed its previously announced $50 million capital raise.
December 31 -
As 2012 progressed, one thing became strikingly clear: the card networks do not want to be left behind as new digital payment methods threaten plastic.
December 31 -
Despite a lackluster track record in 2012, the two SuperPACs formed by bankers are vowing to increase their influence before the next election hits.
December 31 -
Cybercriminals will target small banks, mobile platforms and cutting-edge payment forms in an effort to delay service and obtain data next year.
December 31 -
Capitol Bancorp (CBCRQ) in Lansing, Mich., has reached a tentative agreement to sell its Sunrise Bank of Albuquerque to a group of unnamed investors.
December 31 -
Carlile Bancshares in Fort Worth, Texas, has completed a deal that adds significantly to its branch network in Colorado.
December 31 -
Private equity firms could unload their bank investments if a weak economy and sluggish earnings persist.
December 31 -
United Community Banks (UCBI) in Blairsville, Ga., has registered $35 million in senior notes on behalf of several outside investors.
December 31 -
Sun Bancorp (SNBC) in Vineland, N.J., has received the Federal Reserve Board's blessing to hire Thomas R. Brugger as its chief financial officer.
December 31 -
QNB Corp. (QNBC) in Quakertown, Pa., is preparing to complete its previously announced succession plan.
December 31 -
Happy third anniversary, Brian Moynihan. Investors and others are complimenting your work streamlining the troubled Bank of America — and debating whether a new CEO is needed to kick-start growth.
December 31 -
Sound Community Bancorp in Seattle has ditched its federal thrift charter. The Washington State Department of Financial Institutions approved an application last week from Sound Community Bank for a state commercial bank charter, which went into effect immediately.
December 31 -
Bankers say their decisions and progress are retarded by uncertainty about pending government actions. That's nonsense. Seldom has the future been as clear as it is today.
December 31 -
The U.S. Senate confirmed Carol Galante as head of the Federal Housing Administration, the agency she has spent more than a year running as acting FHA commissioner.
December 31 -
The $1.8 billion-asset subsidiary of CNB Financial Corp. (CCNE) said Friday it has appointed Richard Greslick chief operating officer.
December 28 -
TF Financial (THRD) in Newtown, Pa., has agreed to acquire Roebling Financial (RBLG) in New Jersey for $14.5 million in stock and cash.
December 28 -
Mid Penn Bancorp (MPB) in Millersburg, Pa., has repaid the $10 million it owes the Troubled Asset Relief Program.
December 28 -
MB Financial Bank in Chicago has purchased Celtic Leasing, a privately held equipment-leasing company.
December 28 -
United Community Bancorp (UCBA) in Lawrenceburg, Ind., has raised enough funds from its community offering to complete its second-step conversion.
December 28 -
From exposes of questionable practices at megabanks to incursions onto bank turf by nontraditional players, these are American Banker's most popular stories of 2012.
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