Community banking
Community banking
- Florida
Five months after closing the acquisition, Bank of Florida Corp. in Naples has completed the integration and rebranding of Old Florida Bank of Fort Myers.
September 25 - Washington
WSB Financial Group Inc. in Bremerton, Wash., is cutting jobs in response to a slowdown in its mortgage business.
September 25 - Massachusetts
First Ipswich Bancorp in Massachusetts plans to sell its 10-story office building in downtown Boston and use the proceeds to increase lending.
September 25 - Massachusetts
Berkshire Hills Bancorp in Pittsfield, Mass., said Friday that it has completed its $82 million acquisition of Factory Point Bancorp in Manchester Center, Vt.
September 24 - Washington
Sound Community Bank in Seattle plans to go partially public.
September 24 -
The National Credit Union Administration's board is expected this week to approve a rule expanding member access to internal books and records.
September 24 - Texas
FC Holdings in Houston says it is planning to use part of the proceeds of a large capital infusion to open two separately chartered banks in the Dallas-Fort Worth area by the end of 2008.
September 24 - Colorado
WASHINGTON — When a bank fails, the Federal Deposit Insurance Corp. announces it promptly, usually providing information about how customers can access their insured deposits.
September 24 - Arkansas
Magnolia Banking Corp. in Arkansas has agreed to buy Southern State Bancshares Inc. in Malvern for $13 million.
September 24 -
To the Editor:
September 21 - Texas
Now that it has moved its headquarters to Texas, Comerica Inc. might start buying banks there soon.
September 21 - Montana
The Black Hills and Badlands region of South Dakota has emerged as a major tourist destination, and First Interstate BancSystem Inc. in Billings, Mont., wants in on the action.
September 21 - Georgia
Fierce competition in Los Angeles has prompted another Korean-American banking company there to search well outside its market for growth.
September 20 - Texas
American National Bank of Texas, a $1.5 billion-asset Terrell subsidiary of A.N.B. Holding Co. Ltd., has a deal to acquire DNB Bancshares Inc. in Dallas.
September 20 - Arkansas
When Home Bancshares Inc. of Conway, Ark., was in talks to buy Centennial Bancshares in Little Rock this year, negotiations hit a snag because Centennial's managers thought it was worth more than the buyer was willing to pay.
September 20 - Illinois
ShoreBank in Chicago has joined the list of banks offering a high-yield online-only savings account.
September 20 - Montana
First Interstate BancSystem Inc. in Billings, Mont., has made a deal to buy First Western Bancorp Inc. in Huron, S.D., for $251 million in cash and stock.
September 20 -
- Florida
Frank D'Alessandro, the southwest Florida developer who was a partner with three now-failed credit unions in a multibillion-dollar land speculation, was found floating in the ocean Monday, the victim of an apparent accidental drowning.
September 20 - Washington
The District of Columbia council passed the Payday Loan Consumer Protection Act of 2007 Tuesday in a vote of 12 to 1.
September 19


