Community banking
Community banking
- California
First Regional Bank of Century City, Calif., has grown fast in the past two years - more than tripling its assets, adding two branches to its previous six, and increasing its staff by more than 60%.
January 11 - Maine
Lawrence W. DeShaw, the president of Chittenden Corp.'s flagship bank, said he will retire at the end of March.
January 11 -
First Banks Inc. of St. Louis said Monday that it has agreed to acquire FBA Bancorp Inc. of Chicago for about $10.5 million in cash.
January 11 - Minnesota
The Klein family is finally putting its name on a group of Minnesota banks it began acquiring almost 100 years ago.
January 10 -
Community First Bank of Prineville, Ore., and its parent, Prineville Bancorp, have agreed to strengthen the subsidiary's board oversight and revise its loan review procedures.
January 10 -
State Financial Services Corp. of Milwaukee is buying 80% of m2 Lease Funds LLC of Madison, Wis.
January 10 -
Goldman Sachs Asset Management says it plans to expand its mutual fund business by acquiring small fund families from banks looking to quit the proprietary fund business.
January 10 -
Hanmi Financial Corp. in Los Angeles said that Dong Il Kim will resign this week as the chief credit officer of its Hanmi Bank.
January 10 -
The Small Business Administration's flagship 7(a) program guaranteed $3.56 billion of loans - 23,197 of them - in the first quarter of the government's 2005 fiscal year.
January 10 -
- Ohio
A year-old Ohio law letting more people carry concealed guns has ignited a debate there over whether banks posting "no guns" signs in branch windows may attract would-be robbers rather than deter them.
January 7 -
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Citizens First Financial Corp. of Bloomington, Ill., announced Wednesday that an enforcement order under which it had been operating for nearly a year has been terminated.
January 6 - California
The Sacramento area's torrid growth has helped Placer Sierra Bank more than double its assets in five years, to $1.5 billion. Now it aims to replicate that success in the nation's fastest-growing region, southern California's Inland Empire.
January 6 - New Jersey
Valley National Bancorp's first deals in nearly four years have come in response to a growing competitive threat from more aggressive rivals, some analysts say.
January 6 -
After failing to buy back enough shares to go private, Wells Financial Corp. of Wells, Minn., plans to conduct a reverse stock split by the end of the quarter with a goal of getting its shareholder count below 300.
January 6 - New Hampshire
The private banking unit of Boston Private Financial Holdings Inc. says it plans to move beyond the city with a couple of acquisitions in New England this year.
January 5 - Virginia
Columbia University economics professor Charles Calomiris is well known in industry circles for his books on banking and as a member of Shadow Financial Regulatory Committee, a group of academics who critique banking regulation.
January 5 -
QCR Holding Inc., of Moline, Ill., said Tuesday that it has launched Rockford Bank and Trust Co.
January 5 -
Many banks fail to take advantage of a great resource: nearby colleges and high schools.
January 5





