Community banking
Community banking
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Congress typically does not include Farm Credit Administration issues in agriculture policy, but bankers and Farm Credit lenders - pushing vastly different agendas - are asking lawmakers to do so when they begin debating a farm bill next year.
December 7 -
PrivateBancorp Inc. in Chicago announced Wednesday that it would take an after-tax charge of $800,000 this quarter to cover losses related to theft by an employee.
December 7 -
International Bancshares Corp. in Laredo, Tex., has a deal to buy the $129 million-asset Southwest First Community Inc. in Beeville.
December 7 -
Commerce Bancshares Inc. in Kansas City, Mo., said it has agreed to buy the $124 million-asset South Tulsa Financial Corp. for $26.2 million in stock.
December 6 -
Danversbank in Danvers, Mass., is acquiring BankMalden, a one-branch savings bank in nearby Malden.
December 6 -
Wilshire State Bank in Los Angeles is set to enter New Jersey this spring. The unit of Wilshire Bancorp Inc. said Monday that it had agreed to buy a branch in Fort Lee from Royal Bank America, a unit of Royal Bancshares of Pennsylvania Inc. in Narberth, Pa. It would be the $1.9 billion-asset Wilshire's first branch in that state, but its third in the New York area and its 20th nationwide.
December 6 -
Craig Hudson is stepping down after 20 years as the executive director of the California Independent Bankers, but he will still be making the rounds in Sacramento and Washington.
December 6 -
Central Pacific Financial Corp. in Honolulu has been ordered by regulators to beef up its Bank Secrecy Act compliance procedures.
December 5 -
Franklin Bank Corp. in Houston is counting on its latest deal to accelerate its transition from a wholesale thrift to a more traditional community bank.
December 5 -
Federal regulators are about to get an earful from minority bankers.
December 5 -
First Charter Corp. in Charlotte announced Monday that it has sold its employee benefits management subsidiary to an undisclosed buyer.
December 5 -
Friday produced balance-sheet reshufflings by three regional banking companies.
December 4 -
Provident Financial Holdings Inc. of Riverside, Calif., said Friday that it is setting aside a $2.5 million reserve to cover possible losses stemming from a housing construction project.
December 4 -
The holding company for Abington Savings Bank in Jenkintown, Pa., announced a plan Thursday to convert to a fully stock format.
December 1 - Wisconsin
Wintrust Financial Corp. is the fourth-largest bank holding company based in Illinois, but many of its customers wouldn't know it.
December 1 -
A consultant and an investment banker who have advised many credit unions that have converted to mutual savings banks denied this week that managers and directors were motivated by greed.
December 1 -
Premier Commercial Bancorp in Anaheim, Calif., has opened a second bank subsidiary, in Mesa, Ariz.
December 1 -
Family Bancorp Inc., a new holding company in Houston, has agreed to buy the $49 million-asset First National Bank of Refugio, the San Antonio Business Journal reported Thursday.
December 1 -



