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Madison Bank of Maryland in Forest Hill plans to convert from a mutual thrift to a stock-owned institution. The thrift plans to raise about $24 million as part of its conversion, using the proceeds to fund lending and increase capital levels, according to a regulatory filing.
October 6 -
Former "American Idol" star Clay Aiken will face incumbent Renee Ellmers in a congressional debate hosted by the North Carolina Bankers Association.
October 6 -
The Consumer Financial Protection Bureau responded Friday to collection law firm Frederick J. Hanna & Associates' motion to dismiss a lawsuit that charges the firm with operating a collection lawsuit mill. Parts of the response likely will draw the collection industry's ire.
October 6 -
H&R Block, for the second time in a year, is finding it challenging to get out of banking.
October 6 -
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The $7.8 billion-asset company disclosed in a regulatory filing Friday that it had sold performing mortgages with outstanding balances of roughly $193 million to First BanCorp, also in San Juan.
October 3 -
Valley Community Bank's biggest shareholder has gone public with his objection to the Pleasanton, Calif., bank's sale to FNB Bancorp in San Francisco.
October 3 -
BEO Bancorp in Heppner, Ore., has agreed to buy Bank Reale, in Pasco, Wash. A purchase price for the cash-and-stock deal was not disclosed. The transaction is expected to close in the first quarter.
October 3 -
Greer State Bank in Greer, S.C., has eliminated its chief banking officer position, according to a regulatory filing.
October 3 -
The Golden State is home to nearly a quarter of the banks on Sandler O'Neill's annual list of the top-performing small-cap institutions, a hint that the state could be returning to its pre-recession strength. Banks in the Northeast and mid-Atlantic also had strong performances.
October 3
