Community banking
Community banking
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Webster Financial Corp. of Waterbury, Conn., has agreed to sell the two Wisconsin branches it expects to acquire this quarter to National Exchange Bank and Trust of Fond du Lac, Wis.
February 9 - California
Multibank holding companies usually tailor the branding of their subsidiaries to geography, but one based in northern California is using a different tack by making its banks' names reflect their target audience.
February 8 -
Commercial Capital Bancorp Inc. in Irvine, Calif., said Monday that it plans to buy Timcor Exchange Corp. in Los Angeles for $29.4 million.
February 8 -
Do-it-yourself workshops, a testament to American spunk and ingenuity, have helped millions build decks, retile bathrooms, and write screenplays.
February 8 -
Harrington West Financial Group Inc. in Solvang, Calif., is acquiring the Thousand Oaks branch of Western Federal Bank.
February 7 - New York
After issuing a series of optimistic forecasts about its recovery from the asset quality woes that have beset it since 2002, Financial Institutions Inc. of Warsaw, N.Y., has suffered some setbacks in recent weeks.
February 7 -
Susquehanna Bancshares Inc. makes wealth management a high priority and is looking for acquisitions like last week’s purchase of a Delaware retirement benefit plan specialist to broaden its capabilities and boost revenue, its CEO said in an interview Friday.
February 7 -
Reduced funding costs gave Capitol Federal Financial's bottom line a big boost in its fiscal first quarter, which ended Dec. 31.
February 7 -
Capital City Bank Group Inc. in Tallahassee, Fla., is buying First Alachua Banking Corp. for $58.2 million in stock.
February 7 -
North Central Bancshares Inc. in Fort Dodge, Iowa, announced fourth-quarter earnings Thursday of $1.31 million, down 0.75% from a year earlier.
February 4 -
AmericanWest Bancorp in Spokane said fourth-quarter earnings dropped 32% from a year earlier, to $9.5 million, because of bigger provisions for loan losses and writedowns on foreclosed assets.
February 4 -
A dozen community banks in Missouri have teamed up to form a surcharge-free automated teller machine network and hope to enroll hundreds of banks and thrifts nationwide in the next few years.
February 4 -
Wainwright Bank and Trust Co. in Boston said Thursday that it had earned $1.5 million in the fourth quarter, 36% more than a year earlier.
February 4 -
First California Bank in Camarillo is buying South Coast Bancorp Inc. in Irvine, Calif., for $36 million in cash - about two times book value.
February 4 - Indiana
Indiana lawmakers are mulling a bill that would give state tax breaks to small banks for investing in local development.
February 4 -
- California
About two years after buying its first and only U.S. bank, the Dutch giant Rabobank is raising its profile here.
February 3 - Georgia
If Peoples State Bank in Jeffersonville, Ga., was in any other state, Capitol Bancorp Ltd. would not have had much interest in buying it.
February 3 - Nebraska
Largely because of cost concerns, a bill introduced by Nebraska Congressman Tom Osborne last year to give banks and thrifts tax breaks for lending in rural areas did not even receive a hearing.
February 2 -
Community bankers worry that big banks will use complex services to woo away their customers. A visit I made to a Bank of America branch in Summit, N.J., my hometown, may cast some light on such fears.
February 2



