Community banking
Community banking
- Tennessee
BancorpSouth Inc.'s nearly 3-year hiatus from bank acquisitions officially ended Friday, when the Tupelo, Miss., company struck a pair of deals that would move it into the fast-growing markets of Baton Rouge, La., and Nashville.
September 20 -
Four months after saying that it would switch to a state charter, Trustmark National Bank of Jackson, Miss., has decided to keep the Office of the Comptroller of the Currency as its regulator.
September 20 -
A tax-shelter crackdown by Wisconsin has banks headquartered there settling in droves, though a trade group insists they have done nothing wrong.
September 20 - New Jersey
Ever since Kearny Financial Corp. made its first acquisition in 1999, the New Jersey company has been working to transform itself from a plain-vanilla thrift into a full-fledged community bank.
September 17 -
BancWest Corp. and Community First Bankshares Inc. of Fargo, N.D., expect the closing date of their acquisition deal to be moved back to the fourth quarter, because they are still waiting on regulatory approval.
September 17 -
QCR Holdings Inc. of Moline, Ill., plans to issue 260,000 shares to certain stockholders to help fund the creation of a banking subsidiary.
September 17 -
Sky Financial Group Inc. of Bowling Green, Ohio, has agreed to buy Prospect Bancshares of Worthington for $46.9 million in cash and stock.
September 17 -
As consumer brands go, BankPlus may not have the name recognition of DirecTV or Reebok, but the three companies share a celebrity spokesman: the New York Giants quarterback Eli Manning.
September 17 -
- Pennsylvania
Citizens Financial Group of Providence, R.I., has been ordered to change the name of its Citizens Bank in one western Pennsylvania county, because consumers are confusing it with a bank with a similar name.
September 15 -
When students ask me how to get into the world of banking, I often tell them, "Become a bank examiner."
September 15 - Texas
Franklin Bank of Houston aims to be a major player in Texas by avoiding the hot urban markets being targeted by out-of-state giants.
September 14 -
People's Bank in Bridgeport, Conn., said Monday that its president and chief executive, John A. Klein, has undergone successful cancer surgery and is expected to return to work in early October.
September 14 -
Credit union industry lobbyists are not letting a Government Accountability Office report halt their campaign to ease what they call a looming capital crisis at many of the country’s best-run and fastest-growing credit unions.
September 14 - California
The California Department of Financial Institutions is turning the tables on the famed Camels rating — it is asking bankers to rate its examiners on six indicators of performance.
September 13 -
Rurban Financial Corp. of Defiance, Ohio, has made the first dividend payment on its trust-preferred stock since entering into a regulatory agreement in July 2002.
September 13 -
The troubled North Country Financial Corp. of Manistique, Mich., said former chairman and chief executive Ronald G. Ford, who agreed in June to pay $500,000 to settle a class action, has resigned from its board.
September 13 -
Continuing its expansion in the Albany, N.Y., area, First Niagara Financial Group Inc. has acquired a Rensselaer lease-brokerage firm.
September 13 -
United Community Financial Corp. of Youngstown, Ohio, disclosed in a Securities and Exchange Commission filing that it added $1.04 million to its loss reserves for a bloc of 13 consumer loans with a value of $6 million that it classified as impaired after a recent portfolio review.
September 10






