Community banking
Community banking
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Amcore Financial Inc. of Rockford, Ill., announced Monday that it plans to spend $55 million to further its branch expansion.
August 10 - North Carolina
About 30 miles north of Charlotte, the home of some of the nation’s largest banks, is the former textile town of Mooresville, N.C., which most banks largely ignored — until recently.
August 9 -
A Native American banking group wants more tribes to start their own banks, and it is bringing that message to the people.
August 9 -
International Bancshares Corp. of Laredo, Tex., reported second-quarter earnings of $26.2 million, 6.9% less than a year earlier.
August 9 -
Shareholders of Sobieski Bancorp of South Bend, Ind., have approved its sale to $ 428-million MFB Corp. of Mishawka, Ind.
August 9 -
Deal activity in banking has been hot lately, but a continued decline in bank stocks is eroding the takeover premiums built into the prices of potential targets.
August 9 -
Wachovia Corp. and SouthTrust Corp. said Thursday that they would make $75 billion in community loans and investments in nine southeastern states over five years after they merge later this year.
August 6 -
S.Y. Bancorp Inc. of Louisville announced Thursday that it had agreed to buy 9.9% of Indiana Business Bank, an Indianapolis start-up expected to open by yearend.
August 6 -
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United Community Banks Inc. of Blairsville, Ga., has agreed to buy the $64 million-asset Eagle National Bank in Stockbridge for $12.5 million.
August 5 - South Dakota
Rabobank Group’s deal to buy one of the largest lenders in the Farm Credit System is causing a fair amount of anxiety in rural America.
August 5 - Florida
In deal-crazy Florida, BankAtlantic Bancorp Inc. has largely avoided buying banks in recent years.
August 4 -
One of the most valuable assets any bank can have is loyalty - loyalty of customers and loyalty of employees.
August 4 - Florida
F.N.B. Corp. of Hermitage, Pa., entered Florida long after Fifth Third Bancorp, but the much smaller F.N.B. was far more aggressive in building assets and deposits there.
August 3 - Florida
Fifth Third Bancorp has made no secret about its ambitions in the Southeast, and it unveiled a deal Monday — for First National Bankshares of Florida Inc. — that would significantly strengthen it there.
August 3 -
The slogan Colorado East Bank and Trust in Lamar uses to attract customers, "Helping make dreams come true," has certainly excited a group of bankers from the Republic of Moldova.
August 3 -
IndyMac Bancorp Inc. said its second-quarter earnings dropped 44%, to $23 million, because of a change in its accounting for interest rate locks.
August 2 -
First Ipswich Bancorp has completed a stock offering that began May 13, raising $3.9 million.
August 2 -
William C. McGarry has been told that his Ridgewood Savings Bank in Queens, N.Y., could raise as much as $2 billion if it went public.
August 2






