Community banking
Community banking
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Jackson W. Moore, the president and chief executive-designate at Regions Financial Corp., of Birmingham, Ala., is undergoing therapy near Memphis after being hospitalized for a ruptured blood vessel near his brain.
March 11 - Florida
It is too early to predict how many new banks will be organized in Florida this year, but the pace so far suggests a record total.
March 11 -
MainSource Financial Group, of Greensburg, Ind., announced Thursday it had agreed to acquire Madison Bank and Trust Co. from the $145 billion-asset National City Corp. of Cleveland.
March 11 -
Riggs National Corp. has made Tony Terracciano its chairman and Lawrence I. Hebert its president and chief executive officer.
March 11 - Washington
For 10 years out-of-state banks have been able to enter Washington State without buying a bank there or applying for a commercial charter first - even though most come from more stand-offish states.
March 11 -
Bank merger action has been slower this year than last, but some analysts believe there is still room for consolidation in the thrift sector.
March 11 -
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Banks' campaign to abolish credit unions' tax exemption has not won many converts in Congress or the Bush administration, but it did get an unlikely boost last week from a nonprofit think tank.
March 10 - New Jersey
Regulatory issues and profit uncertainty have pushed the stock of Hudson United Bancorp Inc. down more than 13% since a peak last November, but one analyst thinks the selloff may be near an end.
March 10 -
NewAlliance Bancshares Inc. in New Haven said Wednesday that it has a deal to buy a Hartford trust company for $19.3 million in cash and stock.
March 10 -
Mutual thrifts fear that an accounting change the Financial Accounting Standards Board is considering would make it next to impossible for them to merge with other mutuals.
March 9 -
The $4.5 billion-asset First Citizens Bancorp. Inc. of Columbia, S.C., has its third acquisition deal in its home state in recent months.
March 9 -
The "R" word, retirement, means big changes for top-level bankers. Some wonder why they didn't quit sooner. Others get a rude awakening.
March 9 -
Mackinac Financial Corp. of Manistique, Mich., said Monday that its North Country Bank and Trust has been renamed mBank.
March 8 - South Carolina
The new slogan for South Carolina's Coastal Federal Bank, "The Carolinas' Most Convenient Bank," has a familiar ring to it.
March 8 -
Main Street Banks Inc. of Atlanta on Monday guided Wall Street estimates lower for first-quarter and full-year 2005 earnings, blaming a number of issues.
March 8 - Maryland
In Maryland, where bank robberies surged last year, lawmakers are considering a bill that would impose stiffer sentences on the perpetrators.
March 8 - Indiana
Since joining Integra Bank Corp. in Evansville, Ind., nearly six years ago, Michael T. Vea has spent nearly his entire tenure restructuring it.
March 7 -
Experts are urging small community banks to keep Section 404 of the Sarbanes-Oxley Act on their front burners even though the Securities and Exchange Commission has given them another year to comply with its provisions.
March 7






