Community banking
Community banking
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Colony Bankcorp Inc. in Fitzgerald, Ga., will suspend paying a dividend on preferred stock that the Treasury Department holds and interest payments on some junior debt.
February 13 -
Susquehanna Bank is using Facebook and Twitter to generate name awareness for the bank and produce donations to local food banks.
February 13 -
The Office of the Comptroller of the Currency closed two Midwestern banks Friday, bringing the failure tally so far this year to nine. The Federal Deposit Insurance Corp., as the receiver of the failed national banks, was able to find other institutions to resolve the failures.
February 10 -
About half of the deals in January were in the Midwest, and there have been a few more since — but some key ingredients for "the wave" are missing.
February 10 -
First Financial Service Corp. in Elizabethtown, Ky., said it had a new chairman and that its chief executive will step down for health reasons.
February 10 -
After 100 years of having a federal charter, Frost says new reform law has increased the value of state regulation.
February 10 -
Hana Financial Group of Seoul, South Korea, has agreed to buy newly issued shares of common stock, and a 51% ownership interest, in Saehan Bancorp in Los Angeles.
February 10 -
The Texas Bankers Association is irked about the National Credit Union Administration's decision to infuse $60 million into the otherwise insolvent Texans Credit Union.
February 10 - Wisconsin
Anchor BanCorp Wisconsin Inc. in Madison reported another quarterly loss.
February 10 -
The private banking arm of KeyCorp in Cleveland has established a Delaware trust company and hired two veterans from competitors to help run it.
February 10 -
Horizon Bancorp in Michigan City, Ind., has agreed to buy Heartland Bancshares Inc. of Franklin, Ind., in an all-stock deal valued at $14 million.
February 10 -
Liberty Bell Bank has been fighting battles with a former chairman for more than five years. Last month, the bank filed to form a bank holding company, just months after the activist investor was rounded up by U.S. marshals for allegedly defrauding elderly people around Philadelphia.
February 10 -
CapStar Bank in Nashville announced late Thursday that it has struck a deal to acquire the $169 million American Security Bank & Trust Co. in Hendersonville, Tenn., for a mix of cash and stock.
February 10 -
Hudson City Bancorp Inc. said its chairman and chief executive is stepping aside temporarily to attend to an unexpected medical issue, leaving its operating chief to assume those duties for the time being.
February 10 - New York
Evans Bancorp Inc. in Angola, N.Y., has reported that fourth-quarter income more than doubled from a year ago, to $1.3 million, due to higher net interest income and a lower provision for loan and lease losses.
February 9 - Pennsylvania
VIST Financial Corp. in Wyomissing, Pa., said after markets closed Thursday that it lost $24.6 million in the fourth quarter after it wrote down $25 million of goodwill in connection with its pending sale to Tompkins Financial Corp. of Ithaca, N.Y.
February 9 -
Private-equity firms complain about the government dragging its feet in approving their bank deals, but the investors in ECB Bancorp may have found a silver lining.
February 9 -
Add Minnesota Bank & Trust in Edina to the growing list of community banks bulking up in mortgage lending in hopes of capturing market share from larger banks.
February 9 -
Oklahoma Attorney General Scott Pruitt says his 49 counterparts exceeded their authority by pushing for principal reductions. So he’s entered into a separate settlement in which banks would pay $18.6 million.
February 9 -
In a sign of growing optimism about the economy, community banks, credit unions and other lenders approved more small-business loan applications in January than in any other month during the past year, according to an analysis by Biz2credit.
February 9




