Community banking
Community banking
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The National Credit Union Administration reiterated concerns about how a debit interchange proposal by the Federal Reserve Board could hurt small credit unions.
May 5 - Tennessee
The acquisition of a 90.1% stake in Green Bankshares would be North American Financial's sixth since the holding company was created last year to buy failed or struggling banks.
May 5 - New Jersey
Many have argued that competitive pressures and increased regulatory costs will force a wave of consolidation in the banking industry. On Thursday, a prominent banker made a stark prediction about how many institutions will survive the next decade.
May 5 -
The Charlotte, N.C., company announced Thursday that it is buying a 90.1% stake in the $2.4 billion-asset Green Bankshares in Greeneville, Tenn.
May 5 - Ohio
A federal judge has ordered the repatriation of $2.3 million traced to last year's collapse of St. Paul Croatian Federal Credit Union from a Macedonian bank as authorities try to determine if the funds were among those siphoned from the onetime $240 million-asset credit union.
May 4 - Michigan
Community Shores Bank Corp. in Muskegon, Mich., said Wednesday that its first-quarter loss widened to $734,000, from $440,000 a year earlier.
May 4 - California
Tri-Valley Bank in San Ramon, Calif., said late Tuesday that it added three directors and elected a former Wells Fargo & Co. executive to chair its board.
May 4 - North Carolina
A failed-bank acquisition lifted the first-quarter earnings of First Bancorp in Troy, N.C. The $3.4 billion-asset company's earnings rose 56% from a year earlier, to $5.3 million, according to a late Tuesday press release.
May 4 - Georgia
Brand Group Holdings Inc. in Lawrenceville, Ga., said Wednesday that it had raised $200 million in capital through a number of well-known private-equity groups.
May 4 - North Carolina
North American Financial Holdings Inc. of Charlotte, N.C., last week merged TIB Bank into its flagship NAFH National Bank.
May 4 -
When long-term interest rates ticked up late last year, it was widely believed that mortgage revenues would modestly decline in the first quarter. The drop was anything but modest.
May 4 -
The customer who would usually avoid taking a marketing piece will readily accept recipes and coloring pages for children — "sponsored" by the bank on the back of the flier.
May 4 -
- Ohio
National Bank of Oak Harbor and Commodore Perry Federal Credit Union in Oak Harbor are providing low-interest loans to help spruce up downtown.
May 3 - Florida
The Federal Reserve on Tuesday announced written agreements with three companies.
May 3 - Rhode Island
Washington Trust Bancorp Inc. in Westerly, R.I., said Tuesday that the chancellor of Johnson & Wales University has joined its board.
May 3 - California
SVB Financial Group in Santa Clara, Calif., said Tuesday that it had completed a tender offer for its Silicon Valley Bank unit.
May 3 - Florida
A week after revealing that a $23 million loss in the first quarter had dropped its equity below zero, BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., said late Monday that it is pursuing a stock offering in hopes of raising $30 million in fresh capital.
May 3 - Mississippi
There are lists you want to be on, say, Santa's for presents. And there are lists you don't, such as the informal one Wall Street puts together of banks that may be compelled to sell under duress.
May 3




