Community banking
Community banking
- Florida
CIB Marine Bancshares Inc. in Pewaukee, Wis., announced an agreement to sell the branches, deposits, and a portion of the loans of one of its subsidiary banks, the $125 million-asset Citrus Bank in Vero Beach, Fla., to 1st United Bancorp Inc. in Boca Raton, Fla.
April 8 -
Credit unions' opposition to a Treasury Department proposal to eliminate the National Credit Union Administration goes beyond their reluctance to share a regulator with banks and thrifts, their bitter rivals.
April 7 - Washington
Cascade Financial Corp.'s stock price fell 4% Friday, to $11.48 a share at the close of exchange trading after the Everett, Wash., company warned that its reported first-quarter earnings would be less than expected because of bad residential construction loans.
April 7 - Maryland
BCSB Bankcorp Inc.'s second attempt to go fully public is off to a slow start.
April 7 - Texas
Green Bank, a $266 million-asset, environmentally focused bank in Houston, has hired Geoffrey D. Greenwade as its president and chief executive officer.
April 7 - Ohio
First Place Financial Corp. in Warren, Ohio, plans to acquire OC Financial Inc. in Dublin for $7.2 million in stock.
April 4 -
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View the top 150 credit unions by assets and deposits.
April 3 - California
Few bank or thrift companies have been hit as hard by the real estate meltdown in California's Inland Empire region as PFF Bancorp Inc. in Rancho Cucamonga.
April 3 - Wisconsin
A day after reporting its fifth consecutive annual loss, CIB Marine Bancshares Inc. in Pewaukee, Wis., revealed in a Securities and Exchange Commission filing Wednesday that it has been trying to sell itself since November.
April 3 -
- Tennessee
Despite the unrelenting bad news about collapsing real estate values in many markets in the Southeast, community banks can still point to a few cities and regions where real estate lending remains strong.
April 2 - Ohio
PVF Capital Corp. of Solon, Ohio, has called off its planned sale to United Community Financial Corp. in Youngstown.
April 2 - Georgia
An eighth 2008 banking deal fell apart Monday when Center Financial Corp. in Los Angeles said its $65.2 million agreement to buy First Intercontinental Bank in Doraville, Ga., is off.
April 1 - Michigan
Capitol Bancorp Ltd., which has bet its success on an innovative model of expanding into high-growth territories, is paring back its exposure to its low-growth home turf of Michigan.
April 1 -
Any proposal as sweeping as the Treasury Department’s plan to revamp the financial services regulatory system stands a high likelihood of drawing sharply mixed reactions and some significant heat.
April 1 -
Malvern Federal Savings Bank in Paoli, Pa., said Friday that it is cutting the number of shares it plans to sell in an initial public offering by 15%, because of the declining values for thrift stocks.
March 31 - Indiana
Capitol Bancorp Ltd.’s most recent deal puts a different spin on cradle-to-grave service.
March 31 - Georgia
More than two months after reporting a fourth-quarter profit of $778,000, WGNB Corp. of Carrollton, Ga., said it actually lost roughly $3.5 million in the quarter, after it discovered more problem loans in its real estate portfolio.
March 31 - Michigan
Mercantile Bank Corp. in Grand Rapids is warning investors that it expects to record a loss for the first quarter after concluding that "numerous" commercial borrowers would be unable to make their loan payments.
March 31



