Community banking
Community banking
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Franklin Bank Corp. of Houston, which has bought four Texas banking companies since early last year, announced a deal for a fifth on Tuesday. Its $58.3 million cash and stock deal for the $215 million-asset First National Bank of Athens, Tex., is expected to close in the second quarter.
December 22 - Illinois
In a city with dozens of retail banks, including some of the nation’s largest, Austin Bank of Chicago has found that some of its toughest competition has come from payday lenders.
December 22 -
The meeting was important for the students, 10 finance majors working for their MBAs.
December 22 -
Peoples Community Bancorp Inc. of West Chester, Ohio, has agreed to buy American State Corp., of Lawrenceburg, Ind., for about $7.7 million.
December 21 -
Center Bancorp Inc. of Union, N.J., is buying a 5-year-old Morristown, N.J., community bank for $26.3 million in cash and stock.
December 21 - New York
As he was about to begin a recent interview, Howard P. Milstein, a co-chairman and the president and chief executive officer of Emigrant Bancorp in New York, took a phone call.
December 21 -
Complaints by a growing number of banks about nonbanks’ unauthorized use of their names and logos in marketing materials have more states enacting stiffer penalties for such crimes.
December 20 - Massachusetts
With its first bank acquisition deal in more than a decade, the $1.3 billion-asset Berkshire Hills Bancorp Inc. of Pittsfield, Mass., is heading for bigger things, its chief executive and president says.
December 20 - New Jersey
Now that the question of whether Hudson City Bancorp’s much-anticipated second-step conversion will take place has been answered, speculation has shifted to what the Paramus, N.J., company will do with all that money.
December 20 -
SCBT Financial Corp. of Columbia, S.C., announced Friday that it would buy the $94 million-asset New Commerce BanCorp of Greenville, S.C., for $20 million in cash.
December 20 -
Umpqua Holdings Corp. in Portland, Ore., has named Brian Timm, the chief financial officer of Columbia Sportswear Co., to its board of directors.
December 17 -
Banknorth Group Inc.'s largest shareholder, which had been hinting that it might vote against Toronto-Dominion Bank's offer to buy a 51% stake in Banknorth, is now throwing its support behind the offer.
December 17 -
Glacier Bancorp Inc. of Kalispell, Mont., has a deal to buy the $110 million-asset Citizens Community Bank in Pocatello, Idaho, for $17 million in cash and stock.
December 17 -
Boston Private Financial Holdings Inc. said Thursday that Robert J. Whelan had joined it as chief financial officer.
December 17 -
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National Credit Union Administration Chairman JoAnn Johnson defended her agency after a federal judge in Utah said last week that it had acted improperly in letting a credit union expand its community charter to six counties.
December 16 - Illinois
Illinois banks and credit unions, angry with the governor for raising examination fees last year to help balance the budget, are fighting back.
December 16 - Michigan
Many bankers spend time in their state capitals and in Washington lobbying legislators to pass laws supporting the banking industry.
December 15




