Community banking
Community banking
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The Senate Banking Committee dug into the details Tuesday of how to ensure that community banks retain access to a reformed housing finance system as agreement over a broad approach began to emerge.
November 5 -
Court referee Nancy Perez recommended that the Florida Supreme Court revoke David J. Stern's law license and order him to pay roughly $50,000 to cover the Florida Bar's legal costs, according to a report filed Oct. 30.
November 5 - California
Quarterly profit rose 36% at BofI Holdings (BOFI) in San Diego, as the online bank's loan growth led to higher interest income.
November 5 -
Independence Bank in Newport Beach, Calif., has agreed to buy Premier Service Bank (PSBK) in Riverside.
November 5 - Mississippi
Home Bancorp (HBCP) in Lafayette, La., has agreed to pay $34.5 million in cash for Britton & Koontz Capital (BKBK) in Natchez, Miss.
November 5 - Florida
The $1 billion-asset company is looking to sell its branch in Ponte Vedra Beach for $3.5 million, the Jacksonville Business Journal reported Monday.
November 4 -
Activist investors continue to stir up community banking and M&A. ISS advised Hampden Bancorp shareholders to support an investor group that wants to push the thrift to sell itself, but Egan-Jones says the new CEO deserves more time.
November 4 -
The Treasury Department plans to auction seven more lenders' Troubled Asset Relief Program shares, with a total face value of about $90 million.
November 4 -
When it comes to saving, today's young Americans see themselves as more ant than grasshopper. That's the conclusion of a new survey from America Saves, a nonprofit that asked more than 1,000 Americans about their personal saving goals.
November 4 -
Consumer lending in September fell to its lowest point since early in the year, according to the latest American Banker Index of Banking Activity. Commercial lending provided a minor bright spot, but credit quality may be buckling amid intense competition.
November 4 -
National Bank Holdings Corp. (NBHC) in Greenwood Village, Colo., has bought back about $100 million worth of shares from an institutional investor.
November 4 - Florida
Banesco USA in Coral Gables, Fla., reportedly received a $10 million investment from its shareholders during the third quarter.
November 4 - Hawaii
Territorial Savings Bank in Honolulu plans to shed its federal charter and become a state-chartered savings bank.
November 4 -
Taylor Capital Group (TAYC) in Chicago is buying back its outstanding Troubled Asset Relief Program shares as it waits to close its sale to MB Financial (MBFI).
November 4 -
The fireworks over a Pew Charitable Trusts report on lump-sum payday loans continued Friday as Pew challenged criticisms of its survey methodology.
November 1 -
Half of banking and other business leaders expect a stronger economy, and 44% expect a stronger M&A market, in the next 12 months, according to a new survey. Regulation remains a concern, but dealmakers are largely ignoring the lingering problems in Washington, observers say.
November 1 -
A group of National Football League players has sued BB&T (BBT) for nearly $60 million over alleged negligence by BankAtlantic, which BB&T acquired last year.
November 1 -
The head of the state bank supervisors' group said he sees a quiet push to "reform our regulatory structure to better reflect the business models of our largest banks."
November 1 -
Royal Bank of Scotland has accelerated its plans to sell its U.S. subsidiary. The company will conduct a partial initial public offering of its Citizens Financial Group unit in the second half of 2014, and plans to fully divest itself through offerings in 2015 and 2016.
November 1 -
HomeStreet (HMST) in Seattle is expanding its mortgage business in California.
November 1


