Community banking
Community banking
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TierOne Corp. shareholders approved an agreement late Thursday to sell the Lincoln, Neb., company, despite opposition from its largest shareholder.
November 30 - South Dakota
Seven years after selling its U.S. banking arm to one Dutch company, National Australia Bank Ltd. is returning with what looks like a page from another Dutch lender's playbook.
November 30 -
Efforts to improve financial options for the unbanked are getting a boost from local and state governments.
November 30 - Georgia
The Bankers Bank in Atlanta has outgrown its name.
November 30 - Illinois
The Chicago private-equity firm GTCR Golder Rauner LLC has pledged to invest $100 million in another Chicago company, PrivateBancorp Inc., to help it expand.
November 29 - Maryland
TierOne Corp. shareholders are to vote today on a proposed acquisition by a Maryland real estate investment trust, and indications are that the vote could be close.
November 29 - Washington
Regulators have postponed approval of Washington Federal Savings Inc.'s deal to buy a nearby thrift, because of unresolved compliance issues at the Seattle buyer.
November 29 -
- Washington
First Financial Northwest Inc. of Renton, Wash., said Wednesday that it would increase its loan-loss provision by $4.5 million this quarter, because of problem residential construction loans.
November 29 - Ohio
Century Bank in Parma, Ohio, plans to acquire Liberty Bank in Beachwood for $35.9 million in cash and stock and intends to go public to fund the deal.
November 29 -
Since Capital One Financial Corp. began issuing a third-party debit card in May, community bankers have feared losing lucrative debit-related business to the McLean, Va., company while fretting that they would be the ones fielding angry phone calls from customers should problems arise with their Capital One cards.
November 28 - West Virginia
Summit Financial Group Inc. in Moorefield, W.Va., has moved to settle a trade secret claim made by Corinthian Mortgage Corp. by signing a letter of intent to negotiate the purchase of Corinthian's parent, Commonwealth Savingshares Corp., for $52.5 million in cash and stock.
November 28 -
Click here to view the 150 community banks with the largest portfolios of home equity loans.
November 28 - West Virginia
Premier Financial Bancorp Inc. in Huntington, W.Va., announced Tuesday that it plans to buy the $106 million-asset Traders Bankshares Inc. in Spencer, W.Va., for about $18.1 million in cash and stock.
November 28 - Texas
Franklin Bank Corp. of Houston more than doubled its allowance for credit losses, adding $20 million to bring the allowance to $36 million.
November 27 -
In a series of presentations at a Boston conference this month, bankers told analysts that, despite the recent rise in troubled loans at their institutions, they expect credit quality to begin to improve by next quarter.
November 27 - Pennsylvania
Harleysville National Bank in Pennsylvania has entered into a definitive agreement to sell 16 properties to American Realty Capital LLC in a sale-leaseback transaction.
November 26 - North Carolina
Yadkin Valley Financial Corp. in Elkin, N.C., said its purchase of the $193 million-asset Cardinal State Bank has been delayed until the first quarter of 2008 as Cardinal decides how to handle its unrecorded liability for post-retirement health-care benefits.
November 26





