Community banking
Community banking
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WASHINGTON - Florida lawmakers have introduced a number of federal bills aimed at addressing high insurance costs, but they acknowledge it may take another Katrina-like disaster to trigger a governmental solution.
September 19 -
A. William Schenck, who resigned last month as Pennsylvania's secretary of banking, is starting a Pittsburgh bank that will cater to midsize businesses, professionals, and high-net-worth individuals.
September 18 -
Dearborn Bancorp Inc. in Michigan announced plans to purchase the $248 million-asset Fidelity Financial Corp. of Michigan for $70 million.
September 18 - Illinois
A former community banker running for Illinois treasurer has pledged to put more of the state's money in community banks - but he has also made a pledge not to take campaign contributions from banks.
September 18 -
The Office of the Comptroller of the Currency has hit Amcore Financial Inc. with a cease-and-desist order requiring the Rockford, Ill., company to strengthen its Bank Secrecy Act compliance.
September 18 - Ohio
Add Park National Corp. in Newark, Ohio, to the growing roster of Midwest banking companies buying their way into Florida.
September 18 -
For more information on this data, visit Novantas LLC and Market Rates Insight.
September 15 -
Willow Grove Bancorp Inc. in Wayne, Pa., said in a restatement of its fiscal fourth-quarter results that it earned about $1.5 million less than it initially reported.
September 15 - Florida
BankUnited Financial Corp.'s stock has taken its lumps in the last month as investors have grown leery of its reliance on option adjustable-rate mortgages in a cooling real estate market.
September 15 -
Community Banks Inc. in Harrisburg, Pa., has struck its second bank acquisition deal in a week.
September 14 - California
Banco Bilbao Vizcaya Argentaria is counting on its name recognition in Mexico to woo unbanked Hispanic immigrants in southern California.
September 14 -
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Bryn Mawr Bank Corp. in Pennsylvania is forming an equipment leasing subsidiary that will do business nationwide.
September 13 -
Panhandle State Bank, a unit of the $781 million-asset Intermountain Community Bancorp in Sandpoint, Idaho, has acquired Premier Financial Services, a private investment firm in Priest River.
September 13 -
Former First Community Capital Corp. chief executive Nigel Harrison is wasting no time building a new Texas banking company.
September 13 - California
Beverly Hills Bancorp Inc.'s foray into construction and development lending is not going as smoothly as planned.
September 12 - New York
Beacon Federal in East Syracuse, N.Y., is using its old ties to the credit union industry to fuel its growth.
September 11 - Florida
Nexity Financial Corp. of Birmingham, Ala., has mapped out an ambitious expansion plan in its quest to become a multibillion-asset company.
September 11 -
A rapid rise in foreclosure filings in the Brockton, Mass., area has inspired a partnership of credit unions, banks, and nonprofit lenders to help borrowers in danger of foreclosure restructure their loans with more affordable, fixed rates.
September 8







