Consumer banking
Consumer banking
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Four Oaks Fincorp Inc. and a shareholder are engaged in a proxy battle over a proposal to separate the North Carolina company's chairman and CEO roles.
April 15 -
These are not easy days for community banks in Georgia and Florida, but signs of hope are springing. This week in Georgia Ameris Bancorp in Moultrie announced plans to raise nearly $74 million in fresh capital via a public offering, and Gwinnett Community Bank said it raised $5 million from members of its community.
April 15 -
BATON ROUGE, La. – La Capitol FCU has acquired the CU Service Center branch here, making the Louisiana shared branch network an all outlet environment.
April 14 -
ALBANY, N.Y. – SEFCU, a $2 billion capital city credit union, is moving its local operations to a new commercial building in downtown Schenectady, and will rename the $4.5 million building SEFCU Square.
April 14 -
Many in the collection business have fallen on bad times. For some, it’s the first time they’ve been in this position, and they’re looking to lenders for collaborative solutions to help manage their debt.
April 14 -
Westamerica Bancorp. of San Rafael, Calif., announced Tuesday that its first-quarter earnings fell 55% from a year earlier, to $23.6 million, as its credit costs remained relatively low but were significantly higher than a year earlier.
April 13 -
First Mariner Bancorp of Baltimore has boosted its common equity by $10.9 million. The $1.38 billion-asset company announced Tuesday that it had raised $3.9 million through a rights offering to existing shareholders, and raised the remaining $7 million in a public stock offering.
April 13 -
The Federal Deposit Insurance Corp.'s board voted Tuesday to extend by six months its program offering unlimited deposit insurance for business accounts, a sign that it remains concerned about the health of community banks.
April 13 -
TierOne Corp. in Lincoln, Neb., said that it has been notified that it is noncompliant with Nasdaq's listing rules for a second time in several months.
April 12 -
Pacific West Bank in West Linn, Ore., has accepted a consent order with federal and state regulators requiring it to strengthen capital and address asset-quality deterioration, the bank has announced.
April 12 -
Green Bancorp Inc. announced Monday that it will receive $115 million in fresh capital from a group of private-equity firms, positioning the Houston company to become a significant acquirer in Texas.
April 12 -
With $250 million of capital headed its way, Seacoast Banking Corp. of Florida could make the big leap from survivor to acquirer.
April 12 -
EL PASO, Texas – FirstLight FCU has opened a new full-service branch and USO Center on east Fort Bliss.
April 12 -
By owning and controlling their credit card businesses, community and regional banks can diversify their local-market lending through balance sheet funding via low-cost, local deposits, while they strengthen their customers' overall banking relationship.
April 12 -
Shareholders were persuaded to double down on PVF because the new chief executive plans to transform the thrift company into a major player in the disrupted Cleveland market.
April 9 -
The FDIC sold the operations of the $585 million-asset Beach First National Bank in Myrtle Beach, S.C., to Bank of North Carolina in Thomasville.
April 9 -
The Federal Deposit Insurance Corp. sold the operations of the $585 million-asset Beach First National Bank in Myrtle Beach, S.C., to Bank of North Carolina in Thomasville.
April 9 -
The Federal Trade Commission Friday announced it is mailing more than $4 million to consumers identified as victims of an illegal credit card billing scam operated by J.K. Publications, raising the total to more than $16 million since an initial mailing last June.
April 9 -
The $185 million-asset bank reported a profit of $448,000, or 24 cents a share, compared with $278,000 in the first quarter of 2009, it said Friday in its report for the quarter ended March 31.
April 9 -
Meridian Interstate Bancorp Inc. in East Boston, Mass., received permission to repurchase up to 5% of its outstanding shares.
April 9


