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The FDIC can invest in the equity of teetering but salvageable banks. This would save money for the taxpayers, preserve banks that are worth preserving and send a clear message about the future of community banking.
September 11
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BB&T signs a 10-year deal for naming rights to the former BankAtlantic Center in Sunrise, Fla., home of the NHL's Florida Panthers. It is part of the spoils from the North Carolina bank's acquisition of BankAtlantic.
September 11 -
National Bank Holdings in Greenwood, Colo., plans to raise up to $180.9 million after completing an initial public offering.
September 11 -
Broadway Bank in San Antonio is continuing its growth northward with plans to open several branches around Austin, Texas.
September 11 -
Bank of New York Mellon Corp. lost a bid to dismiss a lawsuit alleging it mishandled pension funds' investments in Lehman Brothers Holdings Inc. while persuading a judge to narrow the claims in the case.
September 11 -
Despite the decisions by some of the leading mobile-payment providers to work within the existing infrastructure, investors are concerned that legacy players' operations soon might become obsolete. And VeriFone is serving as their poster child.
September 11 -
CHEYENNE, Wyo. – Warren FCU is renovating a former Bank of the West Branch in Fort Collins for its second Colorado location but first stand-alone branch.
September 10 -
NORWICH, Conn. – CorePlus FCU announced plans to open two new full-service branches inside area Wal-Mart Supercenter stores in 2013.
September 10 -
Old Line Bancshares has agreed to buy WSB Holdings in a deal that will combine two banks based in Bowie, Md.
September 10 -
