Community banking
Community banking
- New Jersey
In another sign of life for the bank mergers-and-acquisitions market, OceanFirst Financial Corp. has agreed to buy another New Jersey company, Central Jersey Bancorp, for $68.4 million of stock.
May 28 -
Community Bank of Nevada in Las Vegas has agreed to take steps to improve its condition.
May 28 - Massachusetts
If at first you don't succeed … offer more money.
May 28 - Illinois
Can saving face help save a struggling bank?
May 27 - Florida
The sale of the failed BankUnited to an investor group may be a turning point for private equity's involvement in the banking sector.
May 26 - Massachusetts
And the winner is … the lower bidder?
May 26 - Florida
Though BankUnited has failed, its name lives on.
May 26 -
It was good to hear Treasury Secretary Timothy Geithner state that "community banks play a vital role in our financial system and a central role in our economy."
May 22 - Nevada
Western Alliance Bancorp. in Las Vegas has a lot of plans for the $200 million of capital it just raised.
May 22 - California
UCBH Holdings Inc. has postponed its annual meeting because it needs to recalculate its first-quarter and 2008 results.
May 22 - Georgia
Regulators have given Community Bank of West Georgia in Villa Rica until early June to get adequately capitalized.
May 22 -
- Iowa
The last thing a community bank suffering from bad loans needs is a downgrade on its investments.
May 21 - Texas
For six years, Town North Bank in Dallas has been buying up credit card portfolios from credit unions, but now it is shedding this lucrative business to raise capital.
May 20 - Illinois
Regulators expect Corus Bankshares Inc. of Chicago to submit plans this week for recapitalizing itself and its bank, but the $7.7 billion-asset condominium lender said it is unsure about those plans passing muster.
May 20 - Ohio
The critically undercapitalized Peoples Community Bancorp Inc. of West Chester, Ohio, might stave off failure with the deal it announced Monday to sell nearly all of its branches.
May 19 - Alabama
Auburn National Bancorp. Inc. in Alabama said it expects the failure of Silverton Bank to cut into two quarters' worth of earnings.
May 19 - Washington
AmericanWest Bancorp. in Spokane must boost capital at its banking unit by Sept. 8 under a cease-and-desist order from the Federal Deposit Insurance Corp. and the Washington State Department of Financial Institutions.
May 18






