Consumer banking
Consumer banking
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STATE COLLEGE, Penn. – Penn State FCU celebrated the grand opening of its third branch Monday.
August 11 -
BRILLION, Wis. – Best Advantage CU has moved into a new headquarters.
August 11 -
INDIANAPOLIS – Credit Union Center, in partnership with CO-OP Shared Branching, is now offering CO-OP Mobile to its member credit unions.
August 11 -
Losses at U.S. Central Federal Credit Union, which was seized by regulators in March, continue to trickle down to other credit unions.
August 10 -
Columbia Bancorp's net loss widened more than threefold from the previous period to $23.3 million in the second quarter as its credit provision jumped almost 50%, to $14.4 million and it took a $7.2 million charge against deferred tax assets.
August 10 -
The Bancorp said Monday that it has launched an offering of $50 million of common stock.
August 10 -
Forget the pile of nonperforming assets, eight consecutive quarterly losses and the cancellation of a similar rights offering a year ago; BankAtlantic Bancorp Inc. is again asking shareholders to double down.
August 10 - Oregon
Regulators closed two community banks in Florida, and one in Oregon, Friday evening to bring the year's failure total to 72.
August 7 - New York
Bankers and consultants alike report a quiet and continuing migration of seasoned talent away from the nation's major banks and into the calmer offices of smaller regional lenders.
August 7 -
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UCBH Holdings Inc. is forecasting a provision for loan losses of $300 million to $350 million for the second quarter, up roughly tenfold from a year earlier.
August 7 -
On the heels of reporting a $63.9 million second-quarter loss, Seacoast Banking Corp. in Florida has initiated a public offering. The $2.1 billion-asset Stuart company plans to sell 34.5 million shares of common stock and, if demand is strong enough, an additional 5.2 million shares.
August 7 -
The capital-strapped Harrington West Financial Group Inc. in Solvang, Calif., has decided to leave Kansas. The $1.16 billion-asset company said late Thursday that it agreed to sell its Kansas City operations to Arvest Bank in Fayetteville, Ark.
August 7 -
Nearly 1,500 small, privately held banks around the country could have to pay tens of millions of dollars combined in back taxes if a court ruling stands.
August 7 -
Georgian Bancorp. is still seeking to raise at least $25M after a tenfold jump in bad loans in six months.
August 6 -
Profits at Hudson Valley Holding Corp. in Yonkers, N.Y., plummeted 96% from a year earlier, to $300,000.
August 6 -
CapitalSource reported Thursday that it swung to a $247M loss in the 2Q, from a profit of $62M a year earlier, as credit quality continued to worsen.
August 6 -
The once-acquisitive company announced after the market closed Wednesday that it had hired the investment bank Keefe, Bruyette & Woods to review strategic alternatives, including a sale.
August 6 -
It's often the basic and simple good will gestures that generate the kind of awareness and positive personal impressions that "marketing campaigns" can seldom deliver.
August 6




