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F.N.B. Corp. in Hermitage, Pa., has agreed to buy BCSB Bancorp in Baltimore in a stock transaction valued at $79 million, or $23.77 a share. The acquisition is the company's third in less than eight months.
June 14 -
The Office of the Comptroller of the Currency has lifted a regulatory order that had been imposed on a unit of MetroCorp Bancshares in Houston.
June 13 -
The Federal Reserve has taken action against one bank (Northwestern Bancorp in Traverse City, Mich.) and lifted an order on another (Saehan Bancorp in Los Angeles).
June 13 -
Security State Bank has agreed to buy Security State Bank in a deal that could eliminate some brand confusion in central Iowa.
June 13 -
Shareholders took a big gamble that Atlantic Coast Financial in Florida can raise enough capital to save itself when they rejected a buyout offer. There are more funds to be had these days, but they are harder to get, experts warn.
June 12
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Four Corners Community Bank in Farmington, N.M., has agreed to buy Citizens State Bank of Cortez in Colorado.
June 12 -
Renasant and First M&F have lifted the curtain on certain aspects of their planned merger as part of a tentative settlement of a shareholder lawsuit.
June 12 -
Eastern Virginia Bankshares (EVBS) in Tappahannock has extended the deadline for a pending rights offering.
June 11 -
The proposed sale of Atlantic Coast Financial in Jacksonville, Fla., did not sail with investors. Shareholders rejected Bond Street Holdings' $13.1 million, or $5-per-share, offer on Tuesday.
June 11 -
C&F Financial (CFFI) has agreed to acquire Central Virginia Bankshares. Both are in the Richmond, Va., area.
June 11
