Community banking
Community banking
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The highway to higher bank profits is littered with dead banks and S&Ls. Dont be surprised to discover a few more casualties along the highway if and when long-term fixed-rate lending really takes off.
February 21 -
Park Sterling (PSTB) in Charlotte, N.C., has added to its recently established team in Virginia.
February 21 -
Enterprise Financial Services (EFSC) in Clayton, Mo., has promoted an executive to lead its commercial banking efforts.
February 20 -
Guernsey Bancorp in Westerville, Ohio, has terminated an agreement to buy Ohio State Bank in Marion.
February 20 -
Umpqua Holdings and Sterling Financial are paying Banner $7 million to take the branches. Though negative bids are uncommon in healthy bank deals, it seems like a small price to get regulators to bless a $2 billion merger.
February 20 -
Regulation, succession planning and lending limits are huge issues, particularly for banks with $100 million or less in assets. As a result, more of those banks are taking a hard look at selling themselves.
February 20 -
A former executive of Anchor Bancorp Wisconsin (ABCW) in Madison has been charged with six counts of wire fraud, the U.S. attorneys office in Madison said Wednesday.
February 20 -
North Shore Bank in Brookfield, Wis., bank celebrated its 90th anniversary by giving cash awards to three money management instructors. Find out why the bank has long had a soft spot for teachers.
February 20 -
First Business Financial Services (FBIZ) in Madison, Wis., is looking for a new chief financial officer.
February 20 -
Hamilton Bank (HBK) in Baltimore has poached three executives from CFG Community Bank in Lutherville, Md.
February 20 -
Remember when Hall of Famers Phil Rizzuto and Jim Palmer used to shill for The Money Store? Financial firms continue to rely heavily on high-profile endorsements. Following are some noteworthy examples.
February 20 -
VantageSouth Bancshares (VSB) in Raleigh, N.C., has redeemed all outstanding shares issued to the Treasury Department under the Troubled Asset Relief Program.
February 19 - California
City National (CYN) in Los Angeles is transferring an executive to become head of its bank's New York private client services group.
February 19 -
PL Capital scored another victory this week when it put an end to a proxy challenge against Alliance Bancorp of Pennsylvania (ALLB) in Broomall.
February 19 -
Banner Corp. (BANR) in Walla Walla, Wash., has agreed to buy six branches in Oregon from Sterling Financial (STSA) in Spokane, Wash.
February 19 -
FNBH Bancorp (FNHM) in Howell, Mich., plans to raise up to $1.5 million in a rights offering.
February 19 -
South Street Financial had just given up on raising capital and had hired Raymond James to evaluate possible suitors when a BNC representative visited the CEO's office to request merger talks.
February 19 -
The Federal Deposit Insurance Corp. is suing eight former officers and directors of Habersham Bank over their role in the failure of the Clarkesville, Ga., lender.
February 18 - Ohio
First Citizens Banc Corp (FCZA) in Sandusky, Ohio, has exited the Troubled Asset Relief Program.
February 18 -
First Defiance Financial (FDEF) in Defiance, Ohio, has agreed to buy First Community Bank in Columbus, Ohio.
February 18




