Community banking
Community banking
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CoBiz Inc. of Denver said it would take a $1.1 million charge this quarter after restructuring its investment portfolio.
December 18 -
New Hampshire Thrift Bancshares Inc. in Newport announced Friday that it had a deal to buy First Brandon Financial Corp. in Brandon, Vt., for about $21.2 million in cash and stock.
December 18 - Massachusetts
Flush with capital from its $95 million public offering last year, Legacy Bancorp Inc. in Pittsfield, Mass., is eyeing its first-ever retail expansion into neighboring states.
December 18 -
AUSTIN - Consolidation in Fort Worth has paved the way for Marquette Financial Cos.' return to traditional banking there.
December 15 - Maryland
Sandy Spring Bancorp of Olney, Md., said it would acquire the $145 million-asset CN Bancorp Inc. in Glen Burnie for $44.1 million in cash and stock.
December 15 -
The Financial Crimes Enforcement Network said it was assessing Foster Bank of Chicago a $2 million civil money penalty for Bank Secrecy Act compliance problems.
December 15 - Virginia
In most states, debtors facing garnishment of their checking accounts must prove they have funds - such as Social Security or welfare checks - that are exempt from collection.
December 15 - New York
First Niagara Financial Group Inc. in Lockport, N.Y., is insisting that its recent management shake-up is not a sign that it is on the verge of a sale, but talk of one persists.
December 13 - Pennsylvania
Union National Financial Corp. in Lancaster, Pa., is brewing up an experiment in retail banking.
December 13 -
Move over Elektra.
December 12 -
Oriental Financial Group Inc. announced a balance sheet repositioning Monday that will affect fourth-quarter earnings.
December 12 -
When Taylor Capital Group Inc. announced a management shuffle last month, it appeared to be demoting its longtime chairman and chief executive, Jeffrey W. Taylor.
December 12 -
Banking trade groups are aiming to use a Government Accountability Office report to bolster their case before Congress that the Community Reinvestment Act should be applied to credit unions.
December 11 -
The board of directors at First Niagara Financial Group Inc. in Lockport, N.Y., said late Friday it had replaced Paul J. Kolkmeyer as its president and chief executive officer, because of "differences in management style."
December 11 -
Lakeland Bancorp Inc. in Oak Ridge, N.J., said Friday that it is restructuring its balance sheet and writing off a canceled public stock offering. Both moves will require charges to fourth-quarter earnings.
December 11 -
Five years after it left Texas, Marquette Financial Cos. in Minneapolis has moved to reenter the state, with a deal for a Corpus Christi bank charter.
December 11 -
After helping to build a bank that sold last year for one of the highest price-to-book multiples in Texas history, Kenny and Kristi Koncaba are not worried about making ends meet.
December 8 -
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Meta Financial Group Inc. of Storm Lake, Iowa, announced that $3.9 million of loans to a road paving company probably will not be repaid.
December 8 -
Eagle Mountain, Utah, was incorporated 10 years ago and already has had nine mayors. Many resigned because they found the job too complicated, and the most recent mayor quit just before being indicted for allegedly stealing city funds.
December 7



