Consumer banking
Consumer banking
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Harvest Community Bank in Pennsville, N.J., plans to continue fighting Penn Bancshares' attempt to increase its 4.89% stake in the $141 million-asset Harvest to nearly 25%.
December 23 -
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The Greenlining Institute, best known for holding banks’ feet to the fire on issues such as mortgage lending to minorities, has recently taken up a new cause in California: turning minority farmworkers into farm owners.
December 22 -
Waccamaw Bankshares Inc. of Whiteville, N.C., said in a Securities and Exchange Commission filing Monday that it is buying the $20 million-asset Bank of Heath Springs in South Carolina for $8 million in cash.
December 21 -
Rurban Financial Corp. in Defiance, Ohio, announced late Monday that it had completed the sale of $8.4 million of troubled loans for 84.6% of their book value.
December 21 -
Banks trying to promote their brand these days - especially outside of their primary markets - might do so by buying the naming rights to a local sports stadium or convention center.
December 21 -
GB&T Bancshares Inc. in Gainesville, Ga., has a deal to acquire an Atlanta-area start-up that would become the multi-bank holding company's seventh subsidiary.
December 21 -
A New Jersey community banking company has received Federal Reserve permission to boost to nearly 25% its stake in a local rival - many of whose investors and customers told the Fed they oppose the plan.
December 21 -
A hurricane tax-relief bill the Senate passed before adjourning for its Christmas vacation contained a bank industry-supported provision to amend a year-old law on subchapter S corporations.
December 20 -
With some New Orleans banks struggling in the face of potential loan defaults and chargeoffs, a group of Louisiana bankers has applied to charter a new bank in the city.
December 20 -
Cathay General Bancorp Inc. of Los Angeles has received approval from the New York State Banking Department to acquire up to 100% of the shares of the $310 million-asset Great Eastern Bank in New York City.
December 20 -
TransCommunity Financial Corp. of Richmond, Va., said its chairman and chief executive, William C. Wiley, will leave when his two-year contract expires Dec. 31.
December 20 -
The $1.17 billion-asset Center Bancorp Inc. of Union, N.J., has joined the tide of community banking companies restructuring their balance sheets.
December 20 -
Rabobank Group's bold bid to buy one of the Farm Credit System's largest lenders collapsed more than a year ago, but regulators clearly have not forgotten about it.
December 19 -
Despite repeated rejections, TrustCo Bank Corp NY of Glenville is not giving up on its bid to buy Ballston Spa Bancorp.
December 19 -
Gateway Financial Holdings Inc. of Virginia Beach said Friday that it plans to raise $30 million in a secondary stock offering and use part of the proceeds to fund branch expansion.
December 19 -
The Treasury Department has extended the application deadline for its Community Development Financial Institutions grants so applicants can become better acquainted with a new online process.
December 19 -
First Community Bancorp in Rancho Santa Fe, Calif., has been expanding mainly through bite-size acquisitions since it was founded in 2000, but on Thursday its struck its biggest deal ever.
December 16 -
Community bankers are hoping that the Securities and Exchange Commission will adopt an advisory panel's recommendations to give small companies relief from the internal-controls provisions of the Sarbanes-Oxley Act.
December 16





