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BofI Holding (BOFI) in San Diego, the parent of BofI Federal Bank, is mourning the passing of Jerry F. Englert, a company founder and member of the board of directors.
June 2 -
KeyBank in Cleveland has created a new checking account that eliminates fees for customers who agree not to write checks and do not expect the bank to cover their overdrafts.
June 2 -
A group of investment firms has forced American Bancorp. into liquidation over unpaid trust-preferred debt. Creditors have threatened to go this route before but this is the first time any have followed through, serving as an ominous precedent for the up to 300 banks in danger of defaulting on the hybrid securities.
June 2 -
Mercantile Bank (MBWM) in Grand Rapids, Mich., has finally completed its acquisition of Firstbank (FBMI) in Alma, Mich.
June 2 -
Astoria Federal Savings (AF) in Lake Success, N.Y., has changed its name to Astoria Bank.
June 2 -
Los Alamos National Bank in New Mexico named community banking veteran John S. Gulas as its next chief executive officer.
June 2 - Alaska
RENTON, Wash. A woman who allegedly robbed an Alaska FCU office here last Thursday showed up at the same location the following day and was arrested by police.
June 2 -
The Seminole Tribe of Florida is reportedly seeking approval to form a bank and buy Valley Bank in Fort Lauderdale, Fla.
June 2 -
Under Roy Malone's direction, Golden Pacific Bancorp last year introduced an online lending platform that vastly speeds up the approval process for borrowers seeking Small Business Administration loans ranging from $5,000 to $150,000.
June 2 -
NBT Bancorp in Norwich, N.Y., has prepaid about $165 million in Federal Home Loan Bank borrowings.
June 2
