Community banking
Community banking
- Wisconsin
Wisconsin lawmakers are considering legislation that would stiffen penalties for crimes against financial institutions and their customers and broaden the definition of fraud so that more types of crimes could be prosecuted.
February 23 -
The bidding war is apparently over. UCBH Holdings Inc. in San Francisco announced late Tuesday that it had withdrawn its $97.4 million offer for Great Eastern Bank in New York, which has accepted a $101 million bid from Cathay General Bancorp.
February 22 - Ohio
After 15 months spent making major structural changes, First Financial Bancorp of Hamilton, Ohio, is ready to cash in.
February 22 - Texas
THE WOODLANDS, Tex. - Bank information technology officers have a lot on their minds these days.
February 22 -
Boston's OneUnited Bank has launched a high-interest online savings account, making it the first African-American-owned banking company to compete in what has emerged as the fastest growing segment of the deposit business.
February 21 - Washington
A community development bank in Washington that has run afoul of regulatory requirements has brought in an industry veteran and Washington mainstay to turn it around.
February 21 -
Community Bank Shares of Indiana Inc. announced a deal Thursday that would boost its deposits in three counties.
February 17 - California
Placer Sierra Bancshares of Sacramento took a big step toward its goal of building a statewide operation, and expanding its Small Business Administration lending, by making a deal to buy Southwest Community Bancorp of Carlsbad, Calif.
February 17 -
A tiny provision in the Small Business Administration's fiscal-2007 budget proposal has lenders worried that they may eventually become the government agency's sole source of funding.
February 16 -
Since Ohio Central Savings in Dublin launched its Auto Arm in April, the outsourcing unit has made $9 million of direct auto loans for 10 small banks but has yet to produce a profit for the $60 million-asset thrift.
February 15 -
Community banks have largely resisted the trend toward slashing pension benefits, working instead to salvage their defined benefit plans in an effort to promote employee loyalty and the accompanying community ties these banks consider their lifeblood.
February 15 -
A Merrill Lynch & Co. analyst disputes the widely held view that a flat yield curve is a major driver of consolidation among small banks.
February 15 -
United Security Bancshares Inc. of Thomasville, Ala., said its fourth-quarter earnings fell 15% from a year earlier, to $3.1 million.
February 15 -
FNB Financial Services Corp. in Greensboro, N.C., reported a $5.6 million loss for the fourth quarter of last year, versus a $2 million profit for the same period of 2004.
February 14 -
Several Midwest banking companies that have posted lackluster earnings in recent quarters could get bought out this year, according to an analyst report.
February 14 -
Good trust officers are in demand but hard to find, according to a survey of community banking executives.
February 14 -
At first glance, Sterling Financial Corp.'s $65.3 million deal for a Seattle-area thrift would seem to run counter to the Spokane thrift company's strategy of transforming itself into more of a commercial bank.
February 14









