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New York State is considering legislation that would carve out an exception for check cashers from its 25% cap on interest rates for short-term loans, a move consumer advocates say is a backdoor attempt to allow payday lending in the nation's third-most populous state.
June 1
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BankAtlantic, the Fort Lauderdale, Fla., subsidiary of BankAtlantic Bancorp, plans to release a mobile banking application for smartphones that run Google's Android software.
June 1 -
Home BancShares Inc. in Conway, Ark., said it recovered $4.4 million in chargeoffs booked in the fourth quarter.
June 1 -
Bridge Bancorp in Bridgehampton, N.Y., said late Friday that it had completed its $6.3 million acquisition of Hamptons State Bank of Southampton, N.Y.
May 31 -
Less than six months after completing its first bank acquisition, First General Bank in Rowland Heights, Calif., has struck another deal.
May 31 -
First BanCorp in San Juan, Puerto Rico, said Tuesday that it struck an agreement under which the private-equity firm Thomas H. Lee Partners LP may buy $180 million of the company's common stock.
May 31 -
Webster Financial Corp. in Waterbury, Conn., has hired a former top executive at NewAlliance Bancshares as its chief financial officer.
May 31 -
Columbia Banking System wants to make acquisitions. But there are few opportunities in its market, relegating the Tacoma, Wash., company to taking small, deliberate steps.
May 31
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Shares of Herald National Bank rose more than 25% Tuesday after Bloomberg reported that BankUnited in Miami Lakes, Fla., was in talks to acquire the small, New York-based commercial bank.
May 31 -
Boston Private Financial Holdings Inc. has combined its four banks in New England, California and the Pacific Northwest under a single charter.
May 31
