Community banking
Community banking
- Virginia
Virginia Business Bank in Richmond agreed to submit written plans to the Federal Reserve Board and the Virginia Bureau of Financial Institutions detailing how its board plans to enhance oversight of the bank while also retooling its operations.
August 26 -
Nonbank commercial lenders are facing intense scrutiny as they try to start or buy a bank these days, so much so that more are starting to abandon their plans.
August 25 -
For the complete listing of community banks and thrifts ranked by the largest commercial and industrial loan portfolios in the first quarter, click here.
August 24 -
To help close its $1.3 billion budget gap, Pennsylvania is considering a proposal to reduce or eliminate tax exemptions for nonprofit organizations — including credit unions.
August 24 -
Savings Bank of Mendocino County in Ukiah, Calif., is bulking up by combining with a local competitor.
August 24 -
Tucked into the Obama administration's regulatory reform proposal is a plan to lift restrictions on interstate branching, an issue that could end up dividing community bankers.
August 24 -
The blank-check company Global Consumer Acquisition Corp. said Friday that it is in talks with BB&T Corp. to acquire the Nevada operations of the failed Colonial BancGroup Inc.
August 21 -
Industry insiders are crying foul over the possibility the FDIC may choose to withhold information on losing bids on failed banks from the public.
August 21 -
Lorain National Bank selected VINtek in December and began implementation earlier this year of the vendor's electronic lien and title technology.
August 21 - Georgia
Guaranty Bank, a $13.5 billion-asset Austin thrift, failed on Friday and was scooped up by a Spanish-owned bank.
August 21 -
Tower Bancorp says it will offer up to $50 million in shares as it joins a number of other companies in recent months taking advantage of increased investor interest in the stock market to raise cash.
August 21 -
Here's why fair-value accounting is not good for community banks.
August 20 -
- Georgia
Appalachian Bancshares Inc. in Ellijay, Ga., is warning that it might be unable to survive. In belatedly filing its second-quarter results with the Securities and Exchange Commission this week, the $1.2 billion-asset company said that its bank unit is undercapitalized and that it is uncertain whether it can satisfy a regulatory order to raise capital.
August 20 - Colorado
Guaranty Bancorp in Denver is going out of its way to distance itself from Guaranty Financial Group, the Austin company that has said its failure is imminent.
August 20 -
Facing increased pressure to improve their data security, a growing number of small and midsize banks are looking for outside help.
August 20 - Wisconsin
Nearly out of capital, CIB Marine Bancshares Inc. in Pewaukee, Wis., is pursuing an unusual route for a bank parent: bankruptcy.
August 19 -
Guaranty Bank in Austin is set to be sold to Banco Bilbao Vizcaya Argentaria SA on Friday.
August 19 -
Federal regulators told bidders for Guaranty Financial Group Inc. that they have chosen a winner to take over the crippled Texas bank, according to people familiar with the situation.
August 19



