Community banking
Community banking
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Provident Bankshares Corp. of Baltimore has started a pilot program to win more business from the Washington area’s growing Hispanic market.
January 10 - New York
Cathay General Bancorp may be close to clinching its hard-fought deal for Great Eastern Bank in New York City.
January 9 -
Texas' banking commissioner has asked state-chartered banks there to consider adjusting loan terms and extending maturities for borrowers affected by the recent wildfires.
January 6 - New Jersey
Few banking companies have the kind of war chest Hudson City Bancorp of Paramus, N.J., does.
January 6 -
James M. Anderson has been promoted to chief financial officer of the $1.6 billion-asset MainSource Financial Group Inc. of Greensburg, Ind.
January 6 -
Marquette National Corp. of Chicago has agreed to buy Hemlock Federal Financial Corp. of Oak Forest, Ill., for about $51.3 million in cash.
January 6 -
It was a family affair when First Citizens Financial Corp. of Mason City, Iowa, bought Kanabec Credit Co. of Mora, Minn., about 200 miles away.
January 6 -
Banks and thrifts structured as S corporations could suddenly start looking more attractive to potential buyers.
January 5 -
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Bank of East Asia, the largest independent bank in Hong Kong, is beefing up its U.S. operations with a deal to buy the $87 million-asset National American Bank in San Francisco.
January 4 -
At first glance 2005 appears to have been another banner year for mutual holding company conversions.
January 4 -
On Dec. 9, American Banker published an opinion article defending Sovereign Bancorp Inc.'s effort to sell an equity stake and use the proceeds to buy a banking company. The article, "Attacks on Sovereign Unfair, Short-Sighted," was written by Ben A. Plotkin, chairman of investment bank Ryan Beck & Co., which is owned by BankAtlantic Bancorp Inc.
January 4 -
SNB Bancshares Inc. of Sugarland, Tex., said it would sell $205 million of low-yield securities, use the proceeds to pay down borrowings, and take a fourth-quarter charge of $5.3 million after taxes.
January 3 -
RCB Holding Co. of Claremore, Okla., near Tulsa, has a deal that would bring it into other Oklahoma markets.
January 3 -
University Bancorp of Ann Arbor, Mich., announced Friday that it had it has created a unit that will focus on providing banking services to Muslims.
January 3 - Connecticut
After failing to win Federal Reserve Board approval of its application to open a bank in New London, Conn., Southern Connecticut Bancorp Inc. has withdrawn the bid and decided to open a branch there instead.
January 3 - New York
Two California rivals, UCBH Holdings Inc. and Cathay General Bancorp, have both gained regulatory approval to buy Great Eastern Bank of New York - but the betting is on Cathay.
December 30 - Utah
A small Utah start-up seems to be establishing a new business model for the industrial loan company charter.
December 30







