TALLAHASSEE, Fla. – Envision CU has purchased a Kentucky Fried Chicken restaurant and plans to renovate it into a branch.

CHAMBERSBURG, Penn. – Fast-growing Members 1st FCU is planning on building another new branch, this one at the former Valero gas station in Hummlestown.

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The last thing a community bank suffering from bad loans needs is a downgrade on its investments.

For six years, Town North Bank in Dallas has been buying up credit card portfolios from credit unions, but now it is shedding this lucrative business to raise capital.

Regulators expect Corus Bankshares Inc. of Chicago to submit plans this week for recapitalizing itself and its bank, but the $7.7 billion-asset condominium lender said it is unsure about those plans passing muster.

ALBANY, N.Y. – SEFCU, celebrated the grand opening of its newest branch yesterday in Altamont, its 25th in the New York capital area, with a $10,000 donation to the Altamont Library capital campaign for the computer area within the library.

The critically undercapitalized Peoples Community Bancorp Inc. of West Chester, Ohio, might stave off failure with the deal it announced Monday to sell nearly all of its branches.

Auburn National Bancorp. Inc. in Alabama said it expects the failure of Silverton Bank to cut into two quarters' worth of earnings.

AmericanWest Bancorp. in Spokane must boost capital at its banking unit by Sept. 8 under a cease-and-desist order from the Federal Deposit Insurance Corp. and the Washington State Department of Financial Institutions.

Irwin Financial Corp., which desperately needs capital, is proposing that the Treasury Department create a program for companies that are too weak to qualify for a government infusion under existing rules.

Southeast Acquisition Holding Corp. in Coconut Grove, Fla., has kicked off what it hopes will be a buying spree in South Florida.

Banks that want to sell themselves generally have a hard time finding a buyer these days, but not so for CNB Financial Corp. in Worcester, Mass.

A few years ago the banking profession was riding high. People respected banks, and banking was a career that was well regarded.

SAN DIMAS, Calif. – Financial Service Centers Cooperative has unveiled a locator service for shared service centers, identifying the location of 5,700 shared branches nationwide whether it’s traditional branches, self-service kiosks, or 7-Eleven stores.

As large institutions race to repay government capital, the Treasury Department is offering smaller ones another chance to take the money.

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