Consumer banking
Consumer banking
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Two weeks after announcing preliminary results for the quarter that ended Dec. 31, PVF Capital Corp. of Solon, Ohio, is taking a second look at its loan portfolio.
February 12 -
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Before he started CoBiz Financial Inc. 15 years ago, Steven Bangert made his name pairing investors with troubled institutions.
February 12 -
EL PASO, Texas – El Paso Employees FCU opened its eight El Paso branch Monday, with a Spanish style that fits the neighborhood.
February 11 -
WILTON, Conn. – Mutual Security CU is moving into a new home in nearby Shelton next month where it will be the only credit union or bank that headquartered in Shelton.
February 11 -
BURNSVILLE, Minn. – US FCU has acquired a 30,000-square-foot the Alpha Office Tech Center in Bloomington from CUNA Mutual Group.
February 11 -
American Momentum Bank in Tampa said Tuesday that it has hired a team of more than a dozen bankers from Citigroup Inc. to help expand its Texas business.
February 11 -
BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., said Tuesday that its net loss swelled to $156.6 million in the fourth quarter, largely because of a goodwill impairment charge, the writedown of deferred tax assets, and continued loan deterioration.
February 11 -
To save a small Wyoming bank, the owners are not only selling it to a stronger company, but also providing their own troubled-asset relief program.
February 11 -
Shares of Camco Financial Corp. slipped Monday after the Cambridge, Ohio, company reported a $13.5 million fourth-quarter loss on a sharp decline in credit quality.
February 10 -
Given how hard it is to win regulatory approval for a new bank these days, a tactic being used in Texas could gain wider use.
February 10 -
Charles Brown, the chairman and chief executive of Insignia Bank in Sarasota, Fla., got a call last week from a well-known area business whose regional bank had begun charging it higher loan rates.
February 9 -
Shares of NewBridge Bancorp in Greensboro, N.C., edged up Friday, even though the company reported a fourth-quarter loss of $8.1 million.
February 9 -
Federal Trust Corp. in Sanford, Fla., could fail if it cannot close its sale to Hartford Financial Services Group Inc. by Friday, according to an order from the Office of Thrift Supervision.
February 9 -
AUBURN HILLS, Mich. – Genisys CU, the new credit union giant formed by the combination of USA CU and T&C FCU, is planning to add two branches this spring in Commerce Township and Shelby Township.
February 8 -
Nexity Financial Corp. in Birmingham, Ala., is looking for an investor or buyer after a spike in nonperforming assets fueled a third straight quarterly loss.
February 6 -
Community banks in need of liquidity will soon have a cheaper way to sell debt guaranteed by the Federal Deposit Insurance Corp.
February 6 -
Housing troubles in Colorado and Arizona caused CoBiz Financial Inc. to swing to an $8.6 million loss in the fourth quarter, from a $5.5 million profit a year earlier.
February 6 -
I read an article this week that I believe could be instructive to all of us in an expense-cutting cycle. This particular piece was not about banks. It discussed the negative effects beginning to be felt in restaurants from the cutbacks of busboys.
February 6 -
Bank of Florida Corp. expects to report its fourth-quarter loss grew about tenfold from a year earlier, to $10 million, or 78 cents a share, due to deteriorating credit quality that prompted it to pad its reserves.
February 5




