Community banking
Community banking
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Eight community banks have transferred their shares to a new trading platform operated by OTC Markets Group in a bid to increase visibility for their stocks.
May 21 - Maine
The First Bancorp (FNLC) in Damariscotta, Maine, announced that its chief executive is retiring early next year and will be replaced by its chief operating officer.
May 21 - Colorado
Solera National Bancorp (SLRK) in Lakewood, Colo., said it is willing to negotiate with an activist investor on filling some board seats.
May 20 - Ohio
The Federal Reserve Board has terminated a cease-and-desist order against Central Federal (CFBK) in Worthington, Ohio.
May 20 -
The Puerto Rican company is looking to shore up its capital levels after the FDIC invalidated about 40% of its Tier 1 capital. Management will have plenty of challenges as it looks to fill the capital hole.
May 20 -
Meridian Bancorp (EBSB), the newly formed bank holding company for East Boston Savings Bank, could raise at least $233 million and as much as $364 million in its upcoming public offering.
May 20 -
Banks' have a new worry on the payday lending front besides the government's Operation Choke Point: lawsuits filed by consumers. Eleven financial institutions been hit with private suits that accuse them of helping online payday lenders break the law.
May 20 - Virginia
Shore Bank, a subsidiary of Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., is opening its third branch on the Eastern Shore of Maryland.
May 20 - New Jersey
Second Curve Capital in New York cashed out of two bank holdings in the first quarter.
May 20 - North Carolina
CommunityOne Bancorp (COB) in Asheboro, N.C., plans to sell stock it issued the Treasury Department as part of the Troubled Asset Relief Program.
May 19 - New York
The Rent Stabilization Association of New York, a landlord group, and Housing Partnership, a nonprofit, have jointly launched a brokerage to connect owners of small and midsize New York apartment buildings with banks and lenders.
May 19 -
Many people in Florida were sure that M&A would pass over the Sunshine State for years after the financial crisis. But a recent influx of deals suggests that Florida hasn't lost its luster.
May 19 -
A new Federal Deposit Insurance Corp. report says agricultural lending by banks in areas with a declining customer base gave those institutions an advantage in weathering the downturn.
May 19 -
Missouri is the best state for banking conditions and Nevada is the worst, according to a new survey.
May 19 -
TS Banking Group in Treynor, Iowa, has agreed to buy Tioga Bank Holding Co. in Tioga, N.D.
May 19 - South Carolina
CertusBank fired its founders for providing inaccurate budgets and for failing to devise a strategy after its failed-bank deals dried up, the Greenville, S.C., company said in court filings.
May 19 -
Highlands Bancorp (HSBK) in Vernon, N.J., has raised $5 million by placing subordinated debt.
May 19 - Colorado
Solera National Bancorp (SLRK) in Lakewood, Colo., has one less activist investor to worry about. The $168 million-asset company disclosed late Friday that Kathleen Stout, a former company executive, has withdrawn her nomination of eight director candidates.
May 19 - Pennsylvania
Malvern Bancorp (MLVF) in Paoli, Pa., is facing activist pressure to sell itself.
May 19 -
Illinois state regulators closed the $66.3 million-asset AztecAmerica Bank in Berwyn on Friday.
May 16



