Community banking
Community banking
- Texas
Amegy Bank of Texas, a Houston subsidiary of Zions Bancorp. of Salt Lake City, said Tuesday that it would acquire Intercontinental National Bank, jump-starting Amegy's efforts to establish itself in San Antonio.
June 20 - New York
Flushing Financial Corp. in Lake Success, N.Y., announced Monday that it has formed a limited-purpose commercial bank for the purpose of soliciting deposits from state and local governments.
June 19 - Pennsylvania
Willow Financial Bancorp Inc. of Wayne, Pa., said Monday that it had pared back its exposure to bad loans through the sale of a loan and real estate worth $6.5 million.
June 19 - New Jersey
The National Credit Union Administration said it has taken control of Peoples First Choice Federal Credit Union in Glen Rock, N.J.
June 19 - Arkansas
Candace Franks became the first woman commissioner of the Arkansas State Bank Department last week.
June 19 - Washington
Community banks have left the remittance business mostly to large banks and money-services businesses, but a Washington consumer finance company that largely targets Hispanics is trying to change that.
June 19 - Pennsylvania
Community Banks Inc. in Harrisburg, Pa., said Monday that it would lower previously reported first-quarter earnings by 31% because it has determined that it had misapplied a new accounting rule.
June 19 - Florida
The hits keep coming for the struggling Coast Financial Holdings Inc.
June 18 - North Carolina
Yadkin Valley Financial Corp. in Elkin, N.C., has announced it has a deal to buy Cardinal State Bank in Durham, N.C., for $41.8 million in cash and stock.
June 18 - California
Beverly Hills Bancorp has put itself on the block, because its foray into wholesale banking never quite panned out.
June 18 -
The Small Business Administration this week unveiled a loan program designed to encourage lending to military veterans and their families who own or want to start a business.
June 15 - Virginia
People are already calling a northern Virginia bank in organization "the Little League bank."
June 15 - Missouri
First National Bank of St. Louis in Clayton, Mo., has announced an agreement to buy First National Bank of Millstadt, Ill., in a deal worth $21 million.
June 15 -
Beverly Hills Bancorp's stock rose Thursday on news that the Calabasas, Calif., company is considering selling itself.
June 15 - Georgia
United Community Banks Inc. in Blairsville, Ga., could be on the hook for millions of dollars in bad loans after it unwittingly became tangled up in a fraudulent real estate scheme.
June 14 - Texas
American National Bank of Texas, a Terrell unit of ANB Holding Co. Ltd., said Wednesday that it plans to buy Bryant-Irvin Bancshares Inc. in Benbrook.
June 14 -
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June 14 - California
Innovative Bank in Oakland, Calif., says it is well on its way to complying with a regulatory order to strengthen its management, clean up its loan portfolio, and improve Bank Secrecy Act compliance.
June 14 - Pennsylvania
Bryn Mawr Trust Co. in Pennsylvania already brings in about one-third of its income from wealth management, but it aims to do better.
June 14






