Consumer banking
Consumer banking
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Barrington Bank and Trust Co. in Illinois is the latest bank to launch a private banking program aimed at doctors.
November 27 -
Flagstar Bancorp Inc. in Troy, Mich., said it would take an $8.7 million pretax charge in the fourth quarter because it lost a lawsuit over insurance coverage.
November 27 -
Cathay General Bancorp in Los Angeles, which won a bidding battle this year for a New York bank that caters to Chinese-Americans, has now made a deal for a New Jersey bank with the same focus.
November 27 -
New England Bancshares Inc. in Enfield, Conn., said it had agreed to buy First Valley Bancorp Inc. in Bristol, Conn., for $25.9 million in stock and cash.
November 27 -
Mercantile Bancorp Inc.'s incoming chief executive sees variety as the key for the Quincy, Ill., company as it tries to double its assets over the next five years.
November 22 -
Stifel Financial Corp., a St. Louis investment banking company, has agreed to buy First Service Financial Co., a St. Louis commercial banking company, for $38 million in cash.
November 22 -
ShoreBank Corp. in Chicago is considering going public in the future so it can raise more money now.
November 22 -
WASHINGTON - America's Community Bankers is partnering with Independent BankersBank in Irving, Tex., on a program that would let many of the group's member banks offer credit cards to consumers and business owners.
November 21 -
Capital Bank Corp. in Raleigh has donated $10,000 toward the purchase of new computer equipment for a Greensboro-area high school that was destroyed by fire Nov. 1, according to local news reports last week.
November 21 -
Woodforest National Bank in Houston has opened more than 100 branches in Wal-Mart Inc. stores in the past 20 months and has no plans to slow the pace.
November 21 -
WASHINGTON - Roughly 300 small banks affected by last year's Gulf Coast hurricanes would get an infusion of corporate deposits through a five-year program being unveiled in New Orleans today.
November 20 -
Sun American Bancorp in Miami said Friday that it had agreed to buy the $131 million-asset Independent Community Bank in Tequesta, Fla., for $41 million in cash and stock.
November 20 -
Charter Financial Corp. in West Point, Ga., announced plans Friday to delist its stock and become a privately held company.
November 20 -
Middlefield Banc Corp. in Middlefield, Ohio, has agreed to acquire Emerald Bank of Dublin for $7.3 million in cash and stock.
November 17 -
TIB Financial Corp. in Naples, Fla., has agreed to purchase Bank of Venice for $16 million of cash and stock.
November 17 -
Nearly half of community banks use credit scoring to evaluate small-business loans, but most still give more weight to other criteria, such as cash flow and collateral.
November 17 -
Members of Lafayette Federal Credit Union in Kensington, Md., angry over a decision to convert the credit union to a mutual savings bank, are circulating a petition aimed at ousting the nine-member board.
November 17 -
CenterState Banks of Florida Inc. in Winter Haven has a deal to buy the $157 million-asset Valrico Bancorp Inc. for $40.4 million of cash and stock.
November 17 -
A report the National Credit Union Administration released Wednesday found that 44% of all federal credit union members earn less than the median family income for their metropolitan statistical area.
November 17 -
Frank Mercardante's task of improving Placer Sierra Bancshares' lackluster earnings has gotten a bit harder now that the Sacramento company is about to lose a large chunk of its core deposits.
November 17



