Community banking
Community banking
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Under orders from regulators to beef up its capital levels, Legacy Bank of Florida in Boca Raton has raised $2.8 million in new capital and has deals in place in to receive an additional $13.5 million.
October 3 -
The two Pennsylvania banks renegotiated part of their deal, to make it harder for Tower to back out of its sale to Susquehanna. It's another example of volatile stocks complicating bank M&A.
October 3 -
State Bank Financial has bought 10 failed banks since 2009, and CEO Joe Evans discusses his outlook for more deals. He also discusses challenges with loan demand, and the long-term outlook for his bank in its core markets of Atlanta and Macon, Ga.
October 3 -
Starbucks Coffee Co. is teaming up with community development lenders to create a nationwide loan fund that would help local businesses, developers, nonprofits and micro-enterprises expand and create jobs.
October 3 - Washington
MOUNTLAKE TERRACE, Wash. – 1st Security Bank of Washington, the ailing one-time credit union known until 2004 as Washington's CU, plans to raise up to $32 million in an initial public offering.
October 3 - California
BofI Holding Inc. in San Diego announced Monday that it has changed the name of its federally chartered savings bank from Bank of Internet USA to BofI Federal Bank.
October 3 -
After more than a year without a permanent leader, DCB Financial Corp in Lewis Center, Ohio, has named a former Huntington Bancshares Inc. executive, Ronald J. Seiffert, president and chief executive.
September 30 -
WASHINGTON — First International Bank in Plano, Texas, became the year's 74th failed institution late Friday.
September 30 -
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Baltimore County Savings Bank in Baltimore said Friday that it had converted from a federally chartered stock savings bank to a Maryland-chartered commercial bank.
September 30 -
A Virginia mortgage lender has agreed to pay $140,000 in compensation and revise its pricing policies to settle a lawsuit alleging that it discriminated against minority borrowers, the Justice Department said Friday.
September 30 -
The Senate Banking Committee is expected to vote next week on the nomination of Richard Corday to be the first director of the Consumer Financial Protection Bureau.
September 30 -
Codorus Valley Bancorp in York, Pa., repurchased a warrant to buy more than 260,000 it issued to the Treasury Department in 2009 as part of its participation in the Trouble Asset Relief Program.
September 30 -
Banco Santander SA Chairman Emilio Botin on Friday declared a moratorium on big acquisitions.
September 30 -
Summit Financial Group Inc. in Moorefield, W. Va., said Thursday that it would extend the subscription period for its current stock offering, marking the second time it has pushed back the deadline.
September 29 -
The Durbin Amendment on debit interchange has been cited as reason for banks to shutter branches. Still, some observers believe it is one of many factors, if not the scapegoat, for closures that were necessary regardless of regulatory change.
September 29 -
At the bailout law's three-year anniversary, the Small Business Lending Fund has offered some banks a way out. But with that escape hatch now closed, roughly 400 small banks remain stuck in the program.
September 29 -
The biggest outside investor in Cardinal Bankshares has ramped up his fight against the company, creating a website and calling on shareholders to force management to sell.
September 29 -
A man in the Midwest was accused of attacking an ATM so fiercely that the machine was dislodged from its base and knocked to the ground.
September 29 - Delaware
WSFS Financial Corp. in Wilmington, Del., said Thursday that it has created a loan program in which it will offer discounted rates to small businesses that use the funds to create jobs.
September 29




