Community banking
Community banking
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- Florida
For a small start-up, Great Florida Bank thinks big.
May 12 -
Independence Federal Savings Bank in Washington has postponed a shareholder vote to fill three board seats after the Office of Thrift Supervision raised concerns about "misleading" information being distributed by shareholder and community groups.
May 12 - Ohio
"Joe Lunchbucket" will soon have a bank in Columbus, Ohio.
May 11 - Texas
Though they will probably never know it, low-income and unbanked consumers around the country may soon be helping a rapidly expanding community bank in McAllen, Tex., fund its growth.
May 11 -
FNB Corp. of Asheboro, N.C., has agreed to buy a $151 million-asset bank in Graham, N.C., for $24.6 million in cash and stock.
May 11 -
Washington Savings Bank's stock price plummeted Monday on news of credit-quality troubles at the $558 million-asset Bowie, Md., thrift. After the stock market closed Friday, Washington Savings announced it would take a $2.8 million charge for its fiscal third quarter, which ended April 30, to reflect an increase in its loan-loss provision.
May 10 - Washington
WASHINGTON - On Good Hope Road in southeast Washington, a financial services education center run by the nonprofit Operation Hope Inc. opened just down the street from the Good Hope Marketplace.
May 10 -
First Bancorp in Troy, N.C., has formed a board-level executive search committee to find a successor to its 75-year-old president and chief executive officer, James H. "Jimmie" Garner.
May 10 -
In 2002, Appalachian Bancshares Inc. in Ellijay, Ga., started reclassifying some of the money in its transaction accounts as savings deposits - and immediately cut reserves by $3.5 million.
May 9 -
Cowlitz Bancorp of Longview, Wash., is to enter Seattle through a newly announced agreement to buy a banking company that caters to various ethnic communities.
May 9 -
Mercantile Bancorp Inc. of Quincy, Ill., reported Friday that its first-quarter earnings fell 3%, to $2 million.
May 9 -
Great Southern Bank of Springfield, Mo., announced Friday that it would acquire three central Missouri branches from Peoples Bank of the Ozarks in Nixa, Mo., for an undisclosed price.
May 9 -
Ameriana Bancorp of New Castle, Ind., announced Friday that it had first-quarter earnings of $760,000, 60% more than a year earlier, but its results were helped by two one-time gains.
May 9 -
Capitol Federal Financial of Topeka, Kan., announced Thursday that its second-quarter earnings were $17.5 million, 82% more than a year earlier.
May 6 -
Just as the Iraqi government has looked to American soldiers to help maintain order in the country, banks there are looking for stability and have put out a call for few good American bankers.
May 6 -
Wayne Savings Bancshares Inc. of Wooster, Ohio, announced a $1 million loss Thursday for its fiscal fourth quarter, which ended March 31.
May 6 -
Peoples Community Bancorp Inc. of Cincinnati is continuing its expansion into Indiana by acquiring the $134 million-asset PFS Bancorp Inc. of Aurora for $33.8 million.
May 6 -
MIDDLE ATLANTICNorth Penn Bancorp Inc. of Scranton, Pa., has hired Philip O. Farr as the chief financial officer and a senior vice president of the company and of its $93 million-asset North Penn Bank.
May 5



