Community banking
Community banking
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CVB Financial Corp. of Ontario, Calif., is acquiring Granite State Bank in Monrovia for $27 million.
October 25 -
Though some of its other initiatives have alienated many of the lenders and borrowers it serves, the Small Business Administration can point to one as an absolute success - its effort to reduce the average size of the loans it guarantees under its flagship 7(a) program.
October 25 -
Carver Bancorp Inc. and Independence Federal Savings Bank in Washington seemed to be a perfect match.
October 22 -
Facing fierce opposition from shareholders, farmers, lawmakers, and most other Farm Credit System lenders, Farm Credit Services of America has terminated its agreement to sell itself to Rabobank Group.
October 22 -
Whitney Holding Corp. of New Orleans announced Wednesday that its third-quarter earnings fell 19.6% from a year earlier, to $22.1 million.
October 21 - Ohio
The Ohio Supreme Court has closed a loophole that let many of the state's community banks observe a document-disclosure standard that was decidedly less rigorous than those in most other states.
October 21 -
Partners Trust Financial Group Inc. of Utica, N.Y., announced Tuesday that its third-quarter net income fell 36%, to $2.3 million.
October 20 -
Mercantile Bankshares Corp. of Baltimore announced Tuesday that its third-quarter earnings rose 20%, to $56.8 million.
October 20 -
The South Financial Group Inc. of Greenville, S.C., announced Tuesday that its third-quarter earnings were $31 million, 30% more than a year earlier.
October 20 -
Be nice to politicians. They live in a different world and need your help to understand this one.
October 20 -
Banknorth Group Inc.'s third-quarter earnings missed Wall Street estimates because of slower demand for commercial loans, but executives said it is hiring more loan officers to increase market share.
October 19 -
KeyCorp of Cleveland has completed its purchase of EverTrust Financial Group Inc. of Everett, Wash.
October 19 -
Carver Bancorp Inc. announced Monday that the Office of Thrift Supervision has rejected its application to acquire the $195 million-asset Independence Federal Savings Bank in Washington.
October 19 -
Downey Financial Corp. in Newport Beach, Calif., said that third-quarter earnings fell as it lost money in mortgage servicing, income from real estate investments shrank, and expenses rose.
October 19 -
Texas Regional Bancshares Inc. of McAllen said Monday that its third-quarter net income rose 27% from a year earlier, to $19.8 million.
October 19 -
Harry P. Doherty, the incoming chairman of America’s Community Bankers, says he “gets goosebumps” thinking about the year he will spend leading the trade group.
October 19 - Texas
J.P. Morgan Chase & Co. said Monday that it plans to spend $40 million to build 20 branches in its North Texas markets over the next 18 months.
October 19 -
When Woodforest National Bank in Houston started putting branches in Wal-Mart stores in 2001, it decided to embrace its own version of the "Wal-Mart way."
October 18 -
First Defiance Financial Corp., of Defiance, Ohio, says it has taken a $1.9 million charge for the third quarter to settle a dispute that arose after the sale of its mortgage subsidiary more than two years ago.
October 18




