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Northeast Community Bancorp Inc. in White Plains, N.Y., is expanding its loan production office in Danvers, Mass., as part of a major push to increase its lending in eastern Massachusetts.
July 11 -
With the expansion, the $3.7 billion-asset Union First Market Bank now has 99 branches in Virginia, including 29 in Martin's stores.
July 11 -
The Tampa-based parent of Florida Bank issued 5,107 shares of series C preferred stock, grossing $1,000 a share, according to a filing with the Securities and Exchange Commission.
July 8 -
Castle Creek Capital, a California private-equity firm, has invested $27 million in fast-growing NBC Holding Co. in New Orleans.
July 8 -
The Federal Reserve Board has given the troubled Commonwealth Bankshares Inc. in Norfolk, Va., until the end of July to either raise fresh capital or find a buyer.
July 8 -
A Florida holding company formed three years ago to buy troubled banks has struck its third deal in the Tampa Bay area.
July 8 -
The Durbin amendment has sent another debit rewards program to the graveyard as USAA Federal Savings Bank will officially terminate its offering on Sept. 1.
July 7 -
TrustCo Bank Corp NY of Glenville, N.Y., has completed a stock offering, raising about $68.1 million in fresh capital.
July 7 -
Directors at Nara Bancorp Inc. and Center Financial Corp. will have a few more months to deliberate over the planned merger of the two companies.
July 7 -
Commonwealth Bankshares Inc. and Hampton Roads Bankshares Inc., both in Norfolk, are potentially in hot water with federal officials. For some observers, the troubles began when each tried to keep pace with the biggest community bank in their market.
July 7
