Community banking
Community banking
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The $400 million-asset bank said Tuesday that it had acquired Luhn-McCain Insurance, also in San Antonio. The bank did not disclose the price.
July 2 -
Community bankers emerged victorious Tuesday after regulators made a number of key changes to a final package of Basel III capital rules in an effort to address smaller institutions' concerns. But the biggest banks, in contrast, fared far worse.
July 2 - Wisconsin
Home Savings Bank in Madison, Wis., is planning to convert from a mutual thrift to a stock-owned company.
July 2 -
First Virginia Community Bank in Fairfax has named a new chief operating officer and added a chief marketing officer position.
July 2 -
Consumers Bancorp (CBKM) in Minerva, Ohio, has completed a $9.7 million rights offering and will seek to raise an additional $300,000 through a public offering of common stock.
July 2 -
Wintrust Financial, a community bank holding company in Illinois, is piloting an app that lets customers pre-order cash at ATMs.
July 2 - Florida
BankUnited (BKU) said Tuesday that it had signed a lease to add 20,000 square feet to its headquarters, which already occupies five buildings and 120,000 square feet in Miami Lakes, Fla.
July 2 -
Downward pressure on loan pricing is putting a slight damper on otherwise positive results in American Banker's latest Index of Banking Activity.
July 2 -
Peoples Bancorp in Marietta, Ohio, plans to enter the Cleveland market by acquiring Ohio Commerce Bank in Beachwood.
July 2 -
The former president of the failed Mutual Bank in Harvey, Ill., has been banned from the banking industry by the Federal Deposit Insurance Corp.
July 2 -
Eastern Virginia Bancshares (EVBS) has closed a $5 million rights offering. The offering followed a $45 million private placement announced in March, in which the company sold a 30% stake to institutional investors.
July 2 - Maine
Northeast Bancorp (NBN) in Lewiston, Maine, can now make owner-occupied commercial real estate loans without fear of exceeding a cap on such loans imposed by regulators.
July 2 - Florida
John Kanas is losing his top lieutenant at BankUnited (BKU) in Miami Lakes, Fla. The $12.7 billion-asset company said Tuesday that John Bohlsen has resigned as chief lending officer and vice chairman for personal reasons.
July 2 - New Jersey
Unity Bancorp (UNTY) in Clinton, N.J., has received approval to buy back its remaining shares issued to the Treasury Department through the Troubled Asset Relief Program.
July 2 -
Bank of Marin Bancorp (BMRC) in Novato, Calif., has agreed to acquire NorCal Community Bancorp (NCLC) in Alameda, Calif.
July 2 -
The Federal Reserve Board on Tuesday met to vote on a final Basel III package, which represents the most significant overhaul of regulatory capital requirements for U.S. institutions.
July 2 -
Bank of the Ozarks (OZRK) in Little Rock, Ark., is planning to open a loan production office in New York.
July 2 -
Regulators are challenging banks relationships with disfavored businesses, citing the endlessly adaptable concept of reputation risk rather than law or regulation.
July 2 -
Two officers of an Arizona mortgage lender are going to prison for defrauding a Troubled Asset Relief Program recipient.
July 1 -
1st United, of Boca Raton, paid $5 million in cash to Enterprise's minority shareholders and transferred Enterprise's troubled assets, worth $40.8 million when the deal closed, to its majority owner.
July 1


