Community banking
Community banking
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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 -
Another small community bank has announced plans to deregister its stock, extending a trend that emerged after passage of the Sarbanes-Oxley Act in 2002.
January 4 - Texas
Prompted by recent acquisitions in Texas and encouraged by rebounding crop values, Hibernia Corp. in New Orleans is ramping up its agricultural lending.
January 4 -
Six months after it began offering late-night hours at a Miami branch, BankAtlantic Bancorp of Fort Lauderdale has extended the service to four more branches.
January 4 -
Centrue Financial Corp. in Kankakee, Ill., closed 2004 with the announcement that it was buying a small bank in southern Illinois.
January 4 -
After failing to gain the necessary two-thirds vote from its members, a $1 billion-asset Grand Rapids credit union will not convert to a mutual savings bank.
January 3 -
City Holding Co. of Charleston, W.Va., has its first deal in more than five years, and its chief executive says it may not be done buying.
January 3 -
The president of a San Diego broker-dealer that opened last week said he believes he can generate up to $1.5 billion of assets under management this year by selling insurance and investment services through community banks.
January 3 -
As the chief executive of a banking company with just three branches and $136 million of assets, Mortimer J. O'Shea has to do a lot of things that executives of bigger ones never trouble themselves with.
January 3 -
A spate of banking laws that took effect New Year's Day include an Indiana predatory-lending law that exempts banks and could lead to similar statutes elsewhere.
January 3 -
Habersham Bancorp in Cornelia, Ga., announced a nonbonding agreement to buy a two-branch bank in nearby Toccoa.
January 3





