Lake City bank takes over failed FL bank Oct 27, 2009
Lake City bank acquires failed Bradenton bank - Jacksonville Business Journal ... Lake City bank acquires failed Bradenton bank. (Jacksonville Business Journal, FL)
Tories urge bank cash-bonus limit Oct 26, 2009
Last week, the Centre for Economics and Business Research said City bank bonuses would hit 6bn this year, up from 4bn in 2008, because of rising profits and less competition. Emergency steps. (BBC News -- UK)
POWER SURGE (75) Oct 26, 2009
Terrell will travel to Forney next week to take on the third-place Jackrabbits at City Bank Stadium. The Tigers can clinch a playoff berth by winning one of their last two games. (Terrell Tribune, TX)
Regulators close Bank of Elmwood Oct 25, 2009
Tri City Bank is owned by , which is publicly traded over the counter under the symbol (TRCY.PK). The bank had assets of $774. (Milwaukee Business Journal, WI)
Banker bonuses minute, says duke Oct 24, 2009
Earlier this week, the Centre for Economics and Business Research said City bank bonuses would hit 6bn this year, up from 4bn in 2008, because of rising profits and less competition. The duke, who has acted in his trade role since 2001, said: "I don't want to demonise the banking and financial sector. Bonuses, in the scheme of things, are minute. They are easy to target. "A number will have abused their privilege of a bonus, so get rid of the excesses, but don't throw the baby out with the... (BBC News -- UK)
Restaurateur Reinert faces new court challenges Oct 24, 2009
Representatives of National City Bank, which is in the process of being converted over to PNC next month, could not be reached for comment on the matter or what its next action over the debts might be. The new judgment against Reinert and his companies ensnares Damon s in the debt obligation, according to court documents, because the restaurant chain was used as a guarantee against the original Max & Erma s debt. (Pittsburgh Business Times, PA)
Number of western Pa. SBA loans down in 09 Oct 23, 2009
The five largest granters of SBA loans in terms of transactions were: Citizens, 55; Huntington National Bank, 30; Enterprise, 29; First National Bank of Pennsylvania Corp., 27 and Mercer County State Bank and National City Bank, tied with 21. The five largest in terms of dollars were: Enterprise, $13. (Pittsburgh Business Times, PA)
UK bank bonuses 'to rise by 50%' Oct 21, 2009
City bank bonuses for 2009 will rise by 50%, a report predicts - a year after a huge financial bail-out. The Centre for Economics and Business Research (CEBR) said payouts would hit 6bn, up from 4bn in 2008, because of rising profits and less competition. (BBC News -- UK)
Cutting the ribbon Oct 20, 2009
Pictured are from left, Amy Krueger, Williston Convention and Visitors Bureau, Debbie Richter, American State Bank and Trust Company, Diane Hagen, Williston Chamber of Commerce, Roxanne Llewellyn, Gate City Bank, Fran Zerr, North Dakota Job Service, Roxy Raymond, Northwest Human Service Center/ Vocational Rehab, Joel Swanson, Northern Plains Radio; Jeanne Lynn, Voller, Brakey, Lee, Stillwell and Suess, Steve Slocum, First National Bank and Trust and Ken Callahan, Montana-Dakota Utilities.... (Williston Daily Herald, ND)
Pantagraph Announces 20 Under 40 Winners Oct 19, 2009
Jean Andrew, 25, owner, Lone Ridge Farm; Enid Cardinal, 31, sustainability coordinator, Illinois State University; Nannette Castenada Fosen, 40 (39 at nomination deadline), counsel, State Farm Mutual Automobile Insurance Co.; Jason Clay, 28, assistant vice president/business banker, National City Bank (part of PNC). Debra Coffman, 39, head girl's basketball coach, Central High School, and medical assistant, Illinois Cardiovascular & Thoracic Surgery; Mercy Davison, 34, town planner, Town of... (The Pantagraph newspaper)
Verbruggen sentenced in Dynus scandal Oct 16, 2009
Verbruggen pleaded guity to forging the signature of former Butler County Auditor Kay Rogers and a National City bank executive on loan documents, according to the story ... 5 million loan with National City Bank in the county s name, without authorization. (Cincinnati Business Courier, OH)
Authorities seek serial bank robber Oct 10, 2009
Tuesday, Aug. 25, at 11:53 a.m., National City Bank, 1150 W. Yamato Rd, Boca Raton. Monday, Aug. 24, 12:11 p.m., SunTrust, 1277 W Palmetto Park Rd, Boca Raton. (The Palm Beach Post)
Wachovia invests $600K in Capitol City Oct 10, 2009
reported Friday a $600,000 equity investment in the parent company of Atlanta-based Capitol City Bank & Trust Co., one of the largest African-American-owned banks. The investment, in the form of preferred stock of parent company , represents a 60 percent increase in Wachovia s current holdings in the company. (Atlanta Business Chronicle, GA)
Heine Brothers plans birthday bash Oct 7, 2009
Longest Avenue from Bardstown Road to the alley behind National City Bank in the Highlands neighborhood, will be closed for the party, which will be held from 5 to 10 p.m.. Heine Brothers , Bluegrass Brewing Co., BoomBozz, Ramsi s Caf; on the World and Gelato Gilberto will sell food and drink. (Louisville Business First, KY)
Panel to review earmark process locally Oct 6, 2009
Mary Sue Kessler, retired executive from National City Bank. Bill Schneider, Miller Valentine Group; and. (Dayton Business Journal, OH)
Foreclosure sales for Oct. 5-9, 2009 Oct 4, 2009
National City Bank v. Henry Curtis Cushing, et al, 268 W. Woodhaven Circle, Ormond Beach, single-family residence ... National City Bank v. Kim Andrade, et al, 1401 S. Palmetto Ave., Building 8, Unit 813, Daytona Beach, condo. (Daytona Beach News Journal -- Business)
Ex-Quarterback Kosar Plans to Liquidate Some Assets, Ex-Wife Wants Trustee Oct 3, 2009
National City Bank, BJKs lender, is owed $4. 3 million, and Creekside Community Development District is owed about $4. (Bloomberg -- US)
National City Bank in Washington to Take PNC Name Oct 3, 2009
National City Bank, located at 801 Franklin Ave., will soon be renamed PNC Bank. PNC bought National City Bank in October 2008 using $7. (Missourian Publishing, MO)
Where, oh where, oh where is home? (5) Oct 3, 2009
Larry worked at National City Bank. In actuality, the place that was my real home, that touched my life the most, was Agnon. (Cleveland Jewish News, OH)
TARP funds no bailout, Georgia bankers say Oct 3, 2009
3 billion of Uncle Sam s cash -- our cash -- flowed to 26 Georgia banks, from the state s largest lender, SunTrust, to banking minnows like Metro City Bank of Doraville. The federal Troubled Asset Relief Program, or TARP, has been criticized by some as a bailout of an industry that helped created the financial crisis. (Atlanta Journal-Constitution -- Business)
Foreclosure suit hits X/O condo site Oct 1, 2009
National City Bank has sued to collect $20. 2 million from Mr. Giles and his partner in the development, Jerry Karlik, alleging that they defaulted on a loan for the site at 1712 S. Prairie Ave. Unable to secure a construction loan for the project, the pair simply ran out of time and options for a property that may now only be worth a fraction of the $13 million they paid for it in 2005. (Crain's Chicago Business)
Africa: Nigeria's Banks Not in Africa's Top 10 Sep 30, 2009
Other Nigerian banks in the new ranking are: Diamond Bank (30th), Guaranty Trust Bank (32nd), Access Bank (36th), Skye Bank (38th), Fidelity Bank (53rd), EcoBank (60th), AfriBank(61st), StanbicIBTC Nigeria(63rd), First City Monument Bank(71st), Sterling Bank(84th), City Bank Nigeria(108th). Relevant Links. (allAfrica.com)
Deeds recorded in Volusia County Sept. 7-11 Sep 30, 2009
National City Bank and Home Loan Services Inc. to Jules Delgado, lot 93, Shangri La, Unit II, $109,000. FLAGLER BEACH. (Daytona Beach News Journal -- Business)
$400M stock sale planned by First Niagara Sep 24, 2009
Already this year, FNFG, parent of First Niagara Bank, acquired 57 branches from National City Bank in Western Pennsylvania. First Niagara now has approximately $13. (Buffalo Business First, NY)
Judge concludes Petoskey Pointe developers responsible for payment Sep 22, 2009
- Advertisement - National City Bank, holder of a mortgage on the Petoskey Pointe site, was given 60 days in which it could opt to correct developers default, but took no action. In April, the city council decided to terminate business arrangements with developers and pursue payment for the land value. (Gaylord Herald Times, MI)
In brief (313) Sep 21, 2009
Workers at the National City Bank Branch at 2 S. Center St. called Hartford police at 11:15 a.m. Friday to report the incident and that several suspects were sitting in a van in the drive-through banking area, the department reported. City police noticed the van carried no license plate. (The Herald-Palladium)
Restitution plan in Strong case approved Sep 19, 2009
PNC Financial is the parent company of National City Bank. SEC officials have said distribution of the funds to investors in Strong s 24 mutual funds has been delayed because of the complexity of calculating each investor s payout. (Milwaukee Business Journal, WI)
Bauer Financial: More South Florida banks troubled Sep 17, 2009
National City Bank, three stars. three stars. (South Florida Business Journal, FL)
End the Fed -- A Preview Sep 17, 2009
He worked with his partner Paul Moritz Warburg and Frank Vanderlip of the National City Bank of New York to create a commission that called for a central bank of issue under the control of the government ... But history recorded who was there: John D. Rockefeller s man in the Senate, Nelson Aldrich; Morgan senior partner Henry Davison; German ;migr; and central-banking advocate Paul Warburg; National City Bank vice president Frank Vanderlip; and NMC staffer A. Piatt Andrew, who was also... (The American Conservative)
Parker named Commonwealth Bank president Sep 17, 2009
Parker is a former president and CEO of National City Bank s Kentucky market. He left Louisville in 2005 to take a job at s Cleveland headquarters. (Louisville Business First, KY)
United Way kicks off campaign Sep 16, 2009
Jason Correll, National City Bank, Business Blitz chair: Solicitors: Katrina Hardwick, Cinde Pickard, Laura Stahl, Carolyn Bruce, Mindy Taskey, Gray Nelson, Jacquie Drummond, Kim Smith, Amy Lewellen, Mindy Galliher, Rene Fultz, Emily Fletcher, Tina Sawyer, Ashley Sawyer, Tim Wheeler, Crystal Feller, Rachael Pollert, and Rhonda Hutchinson. Monica Hartung, Professional Chair; Solicitors: Adela Foist, Dr. Jeff Pumphrey, Chad Robertson, Trina Tracy, Kandy Wischmeier, Tammy Obermeyer, Julia Aker, Dr.... (Brownstown Jackson County Banner, IN)
Suspects in bank robbery moved to Flagler facility Sep 12, 2009
Two Jacksonville men arrested in St. Augustine in connection with the robbery of two area banks -- including Palm Coast's National City Bank -- finally landed at the Flagler County Inmate Facility this week ... Deputies found in the car a Palm Coast Walmart receipt for an air pistol bought less than 30 minutes before the National City Bank robbery, as well as a red baseball cap and gloves worn during the holdup, the report states. (Daytona Beach News Journal -- Local)
First Niagara to call Buffalo home Sep 11, 2009
The announcement of the fall move to the Larkin at Exchange Building, where First Niagara opened an operation in 2006, comes just days after First Niagara wrapped up its acquisition of 57 Western Pennsylvania bank branches from National City Bank ... First Niagara (NASDAQ: FNFG), parent of First Niagara Bank, said it expects to add about 300 new jobs to Upstate New York as part of the National City Bank acquisition and the impending acquisition of another Pennsylvania bank, Total employment is... (Buffalo Business First, NY)
First Niagara buys National City branches Sep 9, 2009
which is scheduled to buy early next year, said Tuesday it has completed the acquisition of 57 Western Pennsylvania bank branches from National City Bank. The deal includes $3. (Philadelphia Business Journal, PA)
Switch to First Niagara sees a few problems Sep 9, 2009
Fifty-seven former National City bank branches in the region reopened under the blue and yellow First Niagara moniker yesterday after the Buffalo, N.Y., area-based bank completed the conversion of customer accounts over the long Labor Day weekend. The switch-over went "perfectly," Executive Vice President Frank Polino said yesterday from the bank's Western Pennsylvania headquarters at the 11 Stanwix building, Downtown. (Pittsburgh Post-Gazette, PA)
What do you think of Vantus being sold to Great Southern Bank? Sep 7, 2009
Gary wrote on Sep 6, 2009 3:35 PM:" After fifty years @ 1st Federal, Vantus, it was time to move on. We chose another local long time Sioux City bank. Too bad that the share holders didn't pay attention to the deals that 1st Fed was making out of town. ". Betty Hicks wrote on Sep 6, 2009 10:12 AM:" I think it is great Vantus Bank was sold to someone who plans on retaining most of the present employees. My husband and I plan to continue banking there. ". (Sioux City Journal)
Foreclosure sales this week Sep 6, 2009
National City Bank v. Robert Westcott, et al, 1216 Carmen Ave., Daytona Beach, single-family residence. Daytona Beach Regency Association Inc. v. Jimmy Duane Barnes, et al, 400 N. Atlantic Ave., Unit 703, Daytona Beach, timeshare. (Daytona Beach News Journal -- Business)
First Niagara arrives in Western Pennsylvania Sep 5, 2009
Darrell Sapp/Post-Gazette Alex Aversa, of McKees Rocks, works on one of two signs changed to convert the old National City Bank, at the corner of Ingomar Road and Harmony Drive in McCandless, to the First Niagara name. First Niagara Financial yesterday completed the takeover of 57 former National City bank branches from PNC Financial Services Group, vaulting the Buffalo, N.Y., area company to the third-largest retail bank in the Pittsburgh region, behind PNC and Citizens Bank of Pennsylvania. (Pittsburgh Post-Gazette, PA)
Loan in default for Skokie retail project, bank says Sep 5, 2009
75-million loan in January 2007 from National City Bank, according to the banks foreclosure lawsuit. Reliance increased the loan amount to $15. (Crain's Chicago Business)
Remember the socialist origins of Labor Day! Sep 5, 2009
Remember the socialist origins of Labor Day. Remember the socialist origins of Labor Day. (Atlanta Journal-Constitution -- Opinion)
Boys Club receives $2,500 grant (24) Sep 4, 2009
Sioux City Journal : Boys Club receives 2,500 grant. Boys Club receives 2,500 grant. (Sioux City Journal, IO)
Mills to lead Indiana financial agency Sep 3, 2009
retired in 2007 as senior vice president and deputy credit officer for National City Bank. He spent 37 years working for National City, according to a news release. (Louisville Business First, KY)
Community Notes Sep 2, 2009
SPRING VALLEY ; The Hall High School Class of 1969 will have a reunion planning meeting at 7 p.m. Friday in the lower meeting room of Spring Valley City Bank. Those interested in planning the reunion should attend. (Princeton Bureau County Republican, IL)
Cash for Commodes Sep 1, 2009
Pictured are Superintendent Mike Struna (from left), Kim McKee of North Central Bank in Ladd, Dave Kromphardt of Spring Valley City Bank, Julie Eilers, Dan Carrico of State Bank of Cherry, Janet Davis, Jack Boroski of Citizens First National Bank in Spring Valley, Hildi Grivetti and Rhonda Bezely. (BCR photo/Barb Kromphardt). (Princeton Bureau County Republican, IL)
Foreclosures Aug 30, 2009
National City Bank v. Forrest J. Price, et al, 3154 Lynnhaven St., Deltona, single-family residence ... National City Bank v. Wayne Floyd Builders Inc., et al, part of South Atlantic Avenue, New Smyrna Beach, vacant lot ... National City Bank v. Wayne Floyd Builders Inc., et al, part of South Atlantic Avenue, New Smyrna Beach, vacant lot. (Daytona Beach News Journal -- Business)
One small bank’s course to safer seas Aug 29, 2009
Shepherd, the Peachtree City bank s president and CEO, is trying to revive a once profitable company that s been hammered by the recession and real estate downturn and, he admits, by mistakes the bank made during the boom days of the real estate bubble. Bank of Georgia s real estate-fueled rise and recent struggles is a story line seen at banks across the state. (Atlanta Journal-Constitution -- Business)
United Way solicitors to meet tomorrow Aug 28, 2009
Jason Correll, National City Bank, Jackson County United Way Business Blitz Chairman and Kelly Franklin, Aisin, USA, Special Services Chair, will welcome Business and Special Service Blitz solicitors Friday Aug. 28 at 8:30 a.m. at Community Agency Building, 113 N. Chestnut, Seymour. Acording to information provided by UW, the Jackson County United Way is working to advance the common good by focusing on education, income and health. (Brownstown Jackson County Banner, IN)
Bloomington woman killed by train in Marshall County Aug 27, 2009
Donations may be made on behalf of Valluri's daughter, Riya, through the Riya Valluri Education Fund at any National City Bank branch. Posted in on Tuesday, August 25, 2009 2:40 pm Updated: 7:09 pm. (The Pantagraph newspaper)
Nature Vision, Inc. Announces $1.07B First National City Bank (CITIBANK) Addition to Asset Recovery Portfolio Aug 24, 2009
07B First National City Bank (CITIBANK) Addition to Asset Recovery Portfolio - Yahoo ... 07B First National City Bank (CITIBANK) Addition to Asset Recovery Portfolio ... 07 Billion First National City Bank (Citibank) cash account; has been added to the company's Asset Recovery Portfolio and will be recognized in Nature Vision's financial statements when recovered. (Primezone Releases)
Paul Schweiger Joins Folsom Lake Bank as VP, Business Banking Manager of the Roseville Branch. Aug 22, 2009
Prior to joining Folsom Lake Bank, Paul Schweiger was with River City Bank in Sacramento as Vice President, Commercial Real Estate Officer. Folsom Lake Bank is a locally owned and locally operated, full service commercial banking organization focusing on small business owners, professionals and individuals in the communities surrounding Folsom Lake. (PR Newswire)
Mortgage delinquency Aug 21, 2009
National City Bank told me they won,t or can,t modify my loan. Just go out and purchase something more affordable, then walk from the loan I have now before its reported late or foreclosure gets started. (The Palm Beach Post)
Request by resident of Goshen is mishandled Aug 20, 2009
The part Mrs. Shealy received is the narrative, and among the sections left out were the actual application form, signature sheets signed by Mr. Wheeler and Mayor Deke Copenhaver, a disclosure report and letters from Georgia Bank Co. and Capitol City Bank Co.. Though Mr. Grantham questioned how pertinent the omitted sections might have been, he said they shouldn't have been withheld. (The Augusta Chronicle)
Accused La Porte City bank robber dead in Linn County Jail Aug 19, 2009
At the time of his arrest in the La Porte City bank heist, he had been out of prison for almost a year. The day after his arrest, he asked a state court judge to send him back to prison without a trial and admitted to the holdup. (Waterloo-Cedar Falls Courier)
Dynus Carter guilty on all counts Aug 19, 2009
Carter had claimed he didn t know about deals that involved loans from National City Bank based on a bogus telecom contract with Butler County. But James Smith, who had been president of the now-defunct Dynus, testified in U.S. District Court that Carter, along with several Butler County officials, were aware of the deal. (Cincinnati Business Courier, OH)
S.D. man who listed 'robbery' as occupation pleads Aug 16, 2009
RAPID CITY, S.D. -- A 60-year-old Rapid City man arrested in western Nebraska has pleaded guilty to robbing 3,000 from a Rapid City bank. Lonnie Pannell, who also goes by the last name King, pleaded guilty in federal court to bank robbery for the Feb. 5 holdup of Dakotah Bank. (Sioux City Journal, IO)
Neighborhood says no to stimulus funds Aug 12, 2009
The developer would be Atlanta-based E.R. Mitchell and the financier would be Capital City Bank , the company that backed previous Village at Goshen developer Henry Forero, who at one time planned to build condominiums, townhomes and a hotel. Only 14 townhomes went up before the project collapsed. (The Augusta Chronicle)
Dynus scandal cost Fifth Third $4.3M Aug 8, 2009
5 million loan with National City Bank in the county s name, without authorization. (National City has since been acquired by PNC Financial Services Group. (Cincinnati Business Courier, OH)
Public records for Aug. 6, 2009 Aug 7, 2009
SUITS: Wells Fargo Bank NA v. Dennis Lauremore Jr., real property; Aurora Loan Services LLC v. Salvador Guzman, real property; Aurora Loan Services LLC v. Daisy Maltes, real property; Chase Home Finance LLC v. Joseph M. Rivera Jr., real property; Brian Thompson v. Jouquina Rodriguez, other negligence; SunTrust Mortgage Inc. v. Martin R. Murphy, Wachovia Mortgage FSB v. George Fitzgerald, real property; Residential Credit Solutions Inc. v. Rafael R. Castro, real property; Ford Motor Credit Co.... (Daytona Beach News Journal -- Local)
Daybreak - federal homeowner bailout Program helps few borrowers Aug 6, 2009
PNC, which owns National City Bank, began the process in early July. The best results among the large loan services came from Saxon Mortgage Servicers Inc. One in four of Saxon's eligible borrowers has a trial loan modification with a lower monthly payment to help the homeowner avoid foreclosure. (Casa Grande Valley Newspapers, AZ)
Mortgage modifications moving at snails pace Aug 5, 2009
PNC, which owns National City Bank, began the process in early July. Click for related content. (MSNBC -- Business)
Foreclosure Help Lags Aug 5, 2009
Among the companies that have not modified any loans were American Home Mortgage Servicing and National City Bank. had a 4 percent assistance rate for trial modifications, with Wells Fargo marginally better at 6 percent. (ABC News -- Business)
City Bank loses $22.8M in Q2 Aug 5, 2009
8M in Q2 - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)
Just 9% of eligible homeowners have had mortgage modified Aug 5, 2009
Get information on education programs that could help you increase your earning power. Percent of mortgages modified by servicers with more than 100,000 eligible loans. (USA Today -- Money)
City completes Strathmore well purchase Aug 4, 2009
Foreclosure litigation pursued by National City Bank and some contractors placing liens on parts of the project sites after bills went unpaid remains pending in Emmet County Circuit Court. As of press time, comment on the case from Strathmore president Scott Chappelle was unavailable. (Gaylord Herald Times, MI)
FNFG takes another step in Pennsylvania Aug 4, 2009
Its acquisition of National City Bank branches from , slated to wrap up in September, is expected to add 69 ATMs and 57 branches throughout the greater Pittsburgh area. First Niagara Bank customers who use ATMs at Sheetz will not have to pay ATM surcharges, the bank says. (Buffalo Business First, NY)
