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Banc of California in Irvine has begun two securities offerings, one of which aims to raise $175 million.
March 30 -
Bank of America is asking the Justices to overturn lower-court rulings that mortgage loans with a secondary lien on a debtor's asset can be "stripped down" to zero when the collateral is completely underwater. The decision could affect an even wider range of second liens.
March 30 - California
GLENDORA, Calif. America's Christian Credit Union CEO Mendell Thompson was elected to serve on the Glendora City Council.
March 30 - New York
NEW YORK A Columbia University review of financial statements at merchants like Sony, Target and Home Depot reveals that merchants barely notice the financial hit they take as the result of data breaches.
March 30 -
Community Trust Bank in Ruston, La., has bought four branches in Houston from Hancock Holding in Gulfport, Miss.
March 30 -
Camden National in Camden, Maine, has agreed to buy SBM Financial in Portland, Maine.
March 30 -
Four Oaks Fincorp has added a pair of directors with close ties to the Four Oaks, N.C., company.
March 27 -
Foundation Bancorp in Bellevue, Wash., has sold $15 million of convertible preferred stock in a private offering.
March 27 -
Village Bank and Trust Financial in Midlothian, Va., has raised nearly $9 million by selling shares to existing investors.
March 27 -
RYE, N.Y. PepsiCo Employees Federal Credit Union will merge into USAlliance Federal Credit Union, here, effective March 28.
March 27
