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Anchor Bancorp (ANCB) in Lacey, Wash., is facing pressure from an activist investor to sell itself.
February 4 -
Community banks reported increased lending in the fourth quarter. Experts believe loans could continue to grow this year, but at a marginal rate.
February 4
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Westfield Bank in Massachusetts plans to offer its customers wealth management and insurance services through a new partnership with Charter Oak Insurance and Financial Services.
February 4 -
The Treasury Department expects to receive $20.6 million in proceeds from its latest auction of Troubled Asset Relief Program shares.
February 4 -
M&T Bank (MTB) in Buffalo, N.Y., reportedly plans to close at least 10 branches in its home state.
February 4 -
Debt buyer Portfolio Recovery Associates Inc., based in Norfolk, Va. and operating in the U.S. and U.K., announced Tuesday the acquisition of certain operating assets from Pamplona Capital Management LLP.
February 4 -
Simmons First (SFNC) in Pine Bluff, Ark., is reportedly in talks to buy Delta Trust & Banking in Little Rock, Ark.
February 4 -
In an increasingly commoditized industry, our people can be one of the few true differentiators left. But the model that has them forever sitting in buildings that fewer and fewer people utilize makes less strategic sense each year.
February 4
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The Federal Deposit Insurance Corp. took action against eight companies and lifted orders against eleven banks in December, according to its latest monthly roundup of enforcement actions.
February 3
