Community banking
Community banking
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The parent company of AmericanWest in Spokane, Wash., and PremierWest Bancorp (PRWT) in Medford, Ore., have nearly completed their deal after encountering lackluster support.
March 28 -
State regulators in Colorado have filed fraud charges against the former chief executive of Bank of Choice.
March 28 -
A director of First Cornerstone Bank is looking to buy 85% of the King of Prussia, Pa., bank.
March 28 -
Wisconsin's CIB Marine started losing millions of dollars long before the financial crisis thanks to overexpansion. A succession of three CEOs sold off retail operations, purged assets and used the bankruptcy process to salvage the bank.
March 28 -
BancorpSouth has committed $500 million to a "Grow Mississippi" loan pool to help the state attract businesses and jobs, the $13.4 billion-asset company announced Thursday.
March 28 -
Genworth Financial (GNW), an insurer in Richmond, Va., has agreed to part with its wealth management operations for $412.5 million.
March 28 -
Suffolk Bancorp (SUBK) in Riverhead, N.Y., has added a veteran banker to its board.
March 28 -
Patelco Credit Union, which suffered website outages in February after two hacker attacks, said it has hired Kevin Landel as its new chief information officer.
March 28 -
MidSouth Bancorp (MSL) in Lafayette, La., will pay $2 million for rights it issued as part of last year's acquisition PSB Financial.
March 28 -
Limiting the number of overdraft fees could cause consumers to miss important payments, be denied necessities and wind up with negative information on their credit reports.
March 28 -
Royal Bancshares of Pennsylvania (RBPAA) is planning to aggressively cut expenses after its losses deepened in the fourth quarter.
March 28 -
Generations Bank's interest in developing a program to help low-income residents of the Finger Lakes region buy cars to get to and from work began at a coffee counter.
March 28 -
Cordia Bancorp has taken full ownership of Bank of Virginia.
March 28 -
Bryn Mawr Bank in Pennsylvania It has agreed to buy MidCoast Community Bancorp in Wilmington, Del.
March 28 -
Glacier Bancorp in Kalispell, Mont., has agreed to buy North Cascades National Bank in Chelan, Wash.
March 28 -
Tailoring a bank's loan policy to the business available in its trade area tends to effectively reduce loan losses and prevent major credit debacles.
March 28 -
Mackinac Financial (MFNC) in Manistique, Mich., has received regulatory approval to buy back nearly two-thirds of the preferred stock it issued under the Troubled Asset Relief Program.
March 27 -
A former chief executive and chairman of NewBridge Bancorp (NBBC) in Greensboro, N.C., plans to retire from its board.
March 27 -
CNB is an infrequent buyer but agreed to acquire a smaller bank near Columbus, Ohio, as a way to enter a market without abandoning its preference for organic growth.
March 27 -
Community Financial Shares (CFIS) in Glen Ellyn, Ill., has raised nearly $500,000 through a rights offering.
March 27




