Consumer banking
Consumer banking
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The parent company of Cleveland's AmTrust Bank, filed for bankruptcy protection Monday, casting doubt on the future of the bank's more than 60 branches.
December 1 -
American River Bankshares in Sacramento announced Monday that it has begun a stock offering to raise up to $25.3 million.
November 30 -
Though it is weighed down by bad construction loans and short on capital, Baytree National Bank and Trust in Lake Forest, Ill., is engineering a rescue.
November 30 -
The Federal Reserve has announced enforcement actions against two banking companies in Washington State and one in Kansas.
November 30 -
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Nearly two years ago the FDIC set out to examine whether banks could make money by offering small loans to cash-strapped consumers, and with the pilot program scheduled to end in February, the answer seems clear: not in the short term.
November 30 -
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B of I Holding Inc. in San Diego has filed a shelf registration to raise up to $125 million of capital.
November 25 -
The significantly undercapitalized Charter Bank in Sante Fe, N.M., must come up with a plan to sell itself if it cannot boost its capital ratios by yearend.
November 25 -
Lynn Tilton, the founder and chief executive of the private-equity firm, Patriach Partners, was eager to talk about an undertaking that will probably constrain her sleep time even further: buying or starting a bank that would lend to midmarket companies.
November 25 -
Shares of Severn Bancorp Inc. fell Tuesday after the Annapolis, Md., company announced that it has come under more regulatory scrutiny.
November 24 -
Mercantile Bancorp Inc. is shedding half its banks in a series of deals that illustrates the financial contortions some companies need to survive the recession.
November 24 -
Washington Banking Co. started a public offering of at least $30 million of its common stock as the small northwest Washington company looks to boost its capital levels.
November 24 -
People's United Financial Inc. in Bridgeport, Conn., has been fanning expectations of a bank acquisition for years. Monday's deal, however, wasn't it.
November 23 -
The National Credit Union Administration assigned Kent Buckham — who was moved aside as chief corporate credit union examiner amid last year's implosion of two such institutions — to be the first director of its Office of Consumer Protection.
November 23 -
People's United Financial Inc. agreed to acquire Financial Federal Corp. in a stock and cash deal valued at about $738 million, increasing its presence in the equipment-finance sector.
November 23 -
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Regulators closed Commerce Bank of Southwest Florida Friday, the Sunshine State's third failure in a week.
November 20 -
With its bank unit low on capital, PremierWest Bancorp in Medford, Ore., is planning to raise up to $36 million in a rights offering.
November 20 -
Bank of Florida in Naples, which is under regulatory pressure to raise capital, has postponed a $135 million stock offering, saying market conditions have deteriorated.
November 20



