Community banking
Community banking
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Lewis Jones, Kenneth Knuckles and Colvin Grannum will join Carver's board on Tuesday, the $634 million-asset company said in a press release Friday.
September 27 - Connecticut
Cynthia Merkle has joined the $2.5 billion-asset mutual as executive vice president and COO, it announced Friday.
September 27 -
Mooney is joining AT&Ts (NYSE:T) board of directors, the telecommunications company announced Friday. She will sit on the corporate development and finance committee.
September 27 -
The $840 million-asset company will take a third-quarter charge of about $10 million on the sale of the loans, which have a book value of $33 million, it said.
September 27 -
The third quarter was marked by fewer but bigger deals. Higher prices could keep volume in check as sellers hold out for more. The fiscal showdown in Washington and related market swings could also complicate the balance of the year.
September 27 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
September 27 -
Anchor BanCorp Wisconsin in Madison has completed a $175 million recapitalization. With funding from private and institutional investors, the company has capital levels above the threshold regulators consider for being well-capitalized.
September 27 -
Lenders should be on the lookout for an increase in mortgage applicants who lie about their incomes, according a new quarterly report from CoreLogic.
September 27 - Georgia
Several institutions in one of the nation's hardest-hit banking markets have shed enforcement actions, or have hired new leaders, as they attempt to stage comebacks.
September 27 -
A Treasury Department program that supplies credit to small businesses spurred $1.9 billion in loans and created or saved 53,000 jobs in its first 18 months of operation, the department says.
September 27 -
The Federal Housing Administration is asking for a $1.7 billion draw from the U.S. Treasury for the end of the fiscal year, up from an earlier estimate in President Obama's April budget.
September 27 -
Expand by acquisition or through organic market penetration. The most successful banks will include both strategies in their future plans.
September 27 -
Investors Bancorp (ISBC) in Short Hills, N.J., and Roma Financial (ROMA) in Robbinsville, N.J., have extended the deadline for their merger while they wait for regulatory approval.
September 27 - Virginia
Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., didn't have to look far to find its permanent chief financial officer.
September 26 -
One PacificCoast Bancorp (OPCB) in Oakland, Calif., has received regulatory approval to acquire a controlling stake in Albina Community Bancorp (ACBC) in Portland, Ore.
September 26 - Alabama
The Federal Reserve Board has ordered SunSouth Bancshares of Dothan, Ala., to strengthen its board.
September 26 -
A host of regulatory issues, including new mortgage rules set to take effect in January, assures that Andy Harmening has a busy year ahead of him as the new chairman of the Consumer Bankers Association.
September 26 -
A bogus Florida bank is swindling consumers across the country with a fraudulent credit card scheme, according to the Office of the Comptroller of the Currency.
September 26 -
Interest rates on credit cards are falling as Americans keep deleveraging and banks tighten consumer credit standards.
September 26 -
The Museum of American Finance on Wednesday opened its exhibit "The Fed at 100." It features artifacts and photographs that highlight the history, culture and social impact of the central bank, including this image of a New York Fed employee updating trading data on a giant chalkboard.
September 26





