Community banking
Community banking
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- Montana
Great Falls Teachers Federal Credit Union in Montana on Monday said it is offering a new payday loan that offers up to $500 regardless of credit history.
April 25 - Michigan
First Michigan Bancorp has changed the name of its bank to reflect its growing geography across the Midwest. The company on Monday said it had renamed the unit Talmer Bank and Trust.
April 25 - California
First-quarter earnings at SVB Financial Group in Santa Clara, Calif., nearly doubled from a year earlier, to $33 million, largely because of a release of loan-loss reserves.
April 25 - Illinois
Unsuccessful in its efforts to raise fresh capital and already operating under multiple enforcement orders, embattled Mercantile Bancorp could be on the verge of failure.
April 25 - Texas
After making two major acquisitions in as many months, Community Bancorp LLC says it's in no hurry to spend the rest of its war chest.
April 25 - Arizona
For the first time in three years, the three banks of Western Alliance Bancorporation in Phoenix all turned a profit in the first quarter.
April 25 - Maryland
To close on a $36.4 million injection from Priam Capital Fund I LP, 1st Mariner Bancorp must raise another $123.6 million — and part ways with Edwin Hale Sr., the company's founder, chairman and chief executive.
April 21 - Pennsylvania
National Penn Bancshares Inc. in Boyertown, Pa., reported a big increase in profits on Thursday, which it attributed largely to improved credit.
April 21 - Oregon
Umpqua Holdings Corp. in Portland, Ore., on Thursday reported a first-quarter profit after recording its lowest loan-loss provision since mid-2007.
April 21 - Pennsylvania
Norwood Financial Corp. in Honesdale, Pa., said late Wednesday that its pending acquisition of North Penn Bancorp Inc. reduced its profitability.
April 21 - New York
First Niagara Financial Group Inc. in Buffalo, N.Y., reported a slight dip in earnings compared with the previous quarter as it completed its acquisition of NewAlliance Bancshares Inc.
April 21 - Indiana
The $4.41 billion-asset company said Thursday that shareholders had approved adding Allison Nickle Egidi, Najeeb Khan and Christopher Murphy to the board.
April 21 - Maryland
Sandy Spring Bancorp Inc. in Olney, Md., on Thursday reported an increase in profit due to its exit from the Troubled Asset Relief Program.
April 21 - Kentucky
Republic Bancorp Inc. in Louisville, Ky., reported higher first-quarter profit despite lower volume in its controversial refund-anticipation loan business.
April 21 - Louisiana
Whitney Holding Corp. in New Orleans reported a profitable first quarter on Thursday, a day after the company that is buying it did the same.
April 21 - Pennsylvania
Fulton Financial Corp. in Lancaster, Pa., attributed its improved first-quarter earnings partly to better cost control. The $16 billion-asset company posted a 22.9% increase in profit from a year earlier, to $33.8 million.
April 20 - Mississippi
Hancock Holding Co. in Gulfport, Miss., said its earnings rose 11% from a year earlier. The $8.31 billion-asset company posted earnings of $15.3 million, compared with $13.8 million a year earlier.
April 20 - Illinois
Earlier this month, the Federal Reserve issued a prompt corrective action directive giving the bank 60 days to become adequately capitalized by raising capital or selling itself.
April 20 -
This proposal could remove a critical source of liquidity throughout the country — member institutions could be required to hold at least 10% of their assets in mortgages.
April 20


