Community banking
Community banking
- Texas
Members of a Plano, Tex., credit union have overwhelmingly approved its plan to convert to a mutual savings bank, setting the stage for a confrontation with the National Credit Union Administration, which has promised to reject the results.
June 23 -
WESTUCBH Holdings Inc. of San Francisco has reassigned Jonathan H. Downing, its chief financial officer since 1989, and hired Deloitte & Touche LP veteran Dennis Wu to succeed him as CFO.
June 23 - Ohio
The serial acquirer Sky Financial Group Inc. of Bowling Green, Ohio, is buying the two-branch Falls Bank of Stow, Ohio, in the growing Akron market.
June 23 -
Bancorp Rhode Island Inc. announced Tuesday that it has appointed Linda H. Simmons as its chief financial officer.
June 22 -
Franklin Bank Corp. of Houston announced Tuesday that it would buy five branches from Washington Mutual Inc. for $34 million.
June 22 -
The Greenlining Institute of Berkeley, Calif., is opposing legislation that would expand credit unions' business lending powers.
June 22 -
Mainsource Financial Group Inc. of Greensburg, Ind., said a stock offering had raised $28.6 million it will use for buying Madison Bank and Trust Co. in Madison, Ind.
June 22 -
Capital One Financial Corp.'s automobile financing unit is trying to enlarge its market share by partnering with community banks to provide loans the banks cannot make.
June 22 -
A New Mexico investor group that planned to found a bank is buying one instead, the $30 million-asset Interamerica Bank in Albuquerque.
June 21 -
Months after Citizens Financial Group of Providence, R.I., lost the rights to the Citizens name in two western Pennsylvania counties, the Royal Bank of Scotland unit says it will no longer have to rename its branches in the counties.
June 21 -
Since opening last June, Beach Business Bank has made a name for itself as a bank for doctors, taking in about $12 million of deposits from physicians in its hometown of Manhattan Beach, Calif., and around the country.
June 21 -
BankUnited Financial Corp. of Coral Gables, Fla., announced Monday that it would report a loss for the second quarter because it prepaid $405 million of Federal Home Loan Bank advances.
June 21 - New York
New York Community Bancorp Inc. took another step Monday in its balance-sheet restructuring by accepting $20 million of municipal deposits from New York City and New York State.
June 21 - Texas
Structuring a commercial loan can be a challenge for banks based in Texas.
June 20 - Iowa
First National Bank Midwest of Oskaloosa, Iowa, wanted to beat other banks to the punch and be the first to open a branch in a busy new shopping district in west Des Moines.
June 20 -
South Georgia Holding Co. in Omega is acquiring the $134 million-asset Community National Bancorp of Ashburn for $29.5 million.
June 20 -
Robert E. Evans, who retired at the end of last month after 24 years as the chief executive officer of Peoples Bancorp Inc. in Marietta, Ohio, died late Wednesday, after a yearlong battle with stomach cancer. He was 65.
June 20 - Pennsylvania
Eight months after opening its first out-of-state branch, Hudson City Bancorp of Jersey City is set to start adding more at a furious pace.
June 17 - Arkansas
Simmons First National Corp. of Pine Bluff, Ark., has tripled its assets and expanded statewide over the last decade largely through acquisitions, but it is taking some time off from dealmaking to focus on internal growth.
June 17



