Credit crunch a crazy quilt of circumstance Jun 5, 2009
His comments were echoed by Tom Stark, a commercial loan specialist with Lake City Bank. To be honest, weve been very busy with (businesses) who have been asked to leave other institutions, he said. (Huntington WSAZ-TV, WV)
Police Looking For Bothell Bank Robber Jun 4, 2009
The man walked in to the City Bank in the 20600 block of Bothell-Everett Highway on May 20 and demanded money from a teller. No weapon was seen or implied, Snohomish County detectives said. (KIRO TV, WA)
Landlord expects former Hilander Bowl to reopen late this summer Jun 4, 2009
Instead, Twin City Bank purchased the old building last summer at foreclosure auction for 1. 77 million, well below Springer s 2. (Longview Daily News, WA)
First Niagara to open Pittsburgh office Jun 4, 2009
First Niagara (NASDAQ: FNFG), based in Lockport, announced in April that it would be acquiring 57 branches of National City Bank, a subsidiary of Pittsburgh-based , as part of a $54 million deal. The transaction, which will bring in $4. (Albany Business Review, NY)
Public records for May 30, 2009 May 31, 2009
SUITS: Bernice Jenkins v. Calvin Johnson, real property; Heidi Clark v. Mercury Insurance Co., auto negligence; SunTrust Bank v. Luis G. Amadeo, real property; BankUnited FSB v. Phyllis K. Ray, real property; SunTrust Bank v. Baruch Perah, real property; Wells Fargo Bank NA v. Jeffrey F. Goodwin, real property; BAC Home Loans Servicing LP v. Michael Dostal, real property; Countrywide Home Loans Servicing LP v. Spencer Raimo, real property; Bank of New York Mellon v. Sandra Guzman, real property;... (Daytona Beach News Journal -- Local)
Tackling financial woes May 29, 2009
In April, National City Bank won a $4 ... West Palm Beach-based attorney Michael T. Kranz, who represents National City Bank, also did not return several calls. (South Florida Business Journal, FL)
York to Wed Elliott May 27, 2009
He is employed as a retail development banker for National City Bank in Maplewood. The couple plan a Nov. 14, 2009, wedding in Hermann. (Missourian Publishing, MO)
Capital City Bank Group, Inc. to Present At the Stephens Inc. Investment Bankers Spring Investment Conference; Investors May Listen to the Live Webcast May 27, 2009
Press Release Source: Capital City Bank Group, Inc. ... May 26, 2009 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NasdaqGS: - ) will address analysts and investors attending the Stephens Inc. Investment Bankers Spring Investment Conference on Tuesday, June 2, 2009 ... About Capital City Bank Group, Inc.. (Primezone Releases)
Hilander Bowl landlord set to reopen Kelso fun center May 24, 2009
No Nickname wrote on May 23, 2009 9:23 PM:" Just My Opinion: Bob McDonald owns the building that the Hilander is in NOW. He was the landlord that booted Springer for unpaid rent. He doesnt have to pay rent on his own building, which is a plus. It is staying right where it is. Twin City Bank owns the old building after a foreclosure sale. ". DS wrote on May 23, 2009 10:21 PM:" Noting the fact that the new owner paid $175000 for what Springer probablly paid, including installation, ten times that... (Longview Daily News, WA)
Foreclosures May 24, 2009
National City Bank v. Jessica Lunt, et al, 1306 S. Shangri La Drive, Daytona Beach, single-family residence. Chevy Chase Bank FSB v. Eileen H. Butler, et al, 1231 Old Kings Road, Holly Hill, single-family residence. (Daytona Beach News Journal -- Business)
City turns to court over Petoskey Pointe May 23, 2009
National City Bank, holder of a mortgage on the Petoskey Pointe site, was then given 60 days in which it could opt to correct developers default. In April, after this timeframe passed with no action from the bank, the city council decided by a 3-2 vote to terminate its business arrangements with Lake Street Petoskey Associates. (Gaylord Herald Times, MI)
Community Notes May 23, 2009
SPRING VALLEY ; The Hall High School Class of 1969 will hold a 40th reunion planning meeting at 6:30 p.m. June 2 in the lower level meeting room of the Spring Valley City Bank. The reunion is scheduled for Oct. 3. (Princeton Bureau County Republican, IL)
City to Review Energy Efficiency Plan Figures May 20, 2009
National City Bank representatives pitched the "energy efficiency financing program" plan to the Union Parks, Buildings, Development and Public Service committee Monday, stating that the program assists cities in funding energy saving upgrades. Those upgrades include new heating and air-conditioning units and "all sort of energy efficient projects in existing buildings," said Terry Stark with National City. (Missourian Publishing, MO)
Banks take control of Braxton condo project in Ashland City May 16, 2009
2 million of the original loan, and National City Bank acquired the remaining $20 million loan. The posh condos were advertised between $450,000 and $1. (Nashville Business Journal, TN)
Howard selected to lead Metro Housing May 15, 2009
David Howard, a longtime executive at National City Bank, has been named director of the. Howard, who formerly was executive director of National City s community development association, spent 26 years with the company. (Louisville Business First, KY)
Hacked ATMs Steal $500G From Bank Customers May 12, 2009
A sophisticated band of thieves managed to steal personal information and more than half a million dollars from hundreds of New York City bank customers by rigging ATMs in what police say is further evidence of the continued assault on personal data by identity thieves. Police said the identity thieves installed devices on ATM machines at Sovereign Bank branches in Staten Island that enabled them to collect account and PIN numbers, the New York Daily News reported Monday. (Fox News)
SV Mini Park to get facelift May 12, 2009
Spring Valley City Bank President Dave Kromphardt then addressed the council. Kromphardt said the bank takes pride in being partners with the community, and so will match every dollar donated for the renovation project, up to $10,000. (Princeton Bureau County Republican, IL)
City Bank of Lynnwood reports $8M loss May 12, 2009
Referring to the first-quarter 2009 results, City Bank said in a statement: The primary causes for the net loss were the reduced interest income related to nonperforming assets, a provision for loan losses of $5. 63 million, and expenses of $5 million relating to these assets in the first quarter of 2009. (Puget Sound Business Journal, WA)
Real Estate Records, 5/10 May 10, 2009
Rental, to City Bank and Trust Co., 6667 N.W. 48th St., rural, 650,000. Link, Mary E., to Maurstad, Ingolf D. and Laura R., 1911 Dakota St., 202,500. (Columbus Telegram, NE)
3 Masked Robbers Hold Up University City Bank May 9, 2009
SAN DIEGO -- Three masked thieves robbed a University City bank Friday, police said. The bandits entered the Washington Mutual branch office in the 4100 block of Governor Drive shortly after 11 a.m. and demanded cash from tellers, according to San Diego police. (TheSanDiegoChannel.com, CA)
Local briefs: School on lockdown after nearby shooting May 9, 2009
The missing money was found three weeks ago during an audit of city bank deposits. Also. (Fresno Bee -- Local)
FNFG, M&T to fill hundreds of jobs May 8, 2009
Meanwhile, , the parent of First Niagara Bank, is looking to fill 120 positions in Erie and Niagara counties that were created in First Niagara s acquisition of 57 branches of National City Bank in a region that includes Pittsburgh and Erie, Pa. The bank s jobs fair May 2 in Buffalo drew about 600 job hopefuls six times the number of positions to be filled. (Buffalo Business First, NY)
FDIC Head Wants End To "Too Big To Fail" May 7, 2009
Suggestion, since City Bank needs 39Billion more lets take all of our money out of their stock and stop using their services. Let them see what it feels like to be SCREWED by they people who they are screwing. (CBS News -- US)
Petoskey Pointe developers fail to deliver payment within city's timeframe May 7, 2009
Under the agreement, National City Bank holder of a mortgage on the downtown property then had 60 days to correct the default if it wished. Hours after this timeframe passed without action by the bank, the council decided to exit the agreement. (Gaylord Herald Times, MI)
AtriCure shares skyrocket on 1Q report May 6, 2009
The company said it has terminated its previous credit facility with National City Bank, which has been acquired by (NYSE: PNC). AtriCure, based in West Chester, develops, manufactures and markets devices focused on minimally invasive surgery. (Cincinnati Business Courier, OH)
SLU names building after National Citys Brouster May 5, 2009
Brouster has spent his career in Missouri, Illinois and Kansas and He sold Forbes First Financial to National City Bank in 2005, becoming the company s chairman of Missouri banking. Saint Louis University's School for Professional Studies with online, evening and weekend classes offers degrees and certificates designed for adults. (St. Louis Business Journal, MO)
Georgia leads the nation in bank failures May 5, 2009
The banner above The closed First City bank in Gibson, Ga ... The banner above FirstCity Bank still reads "Celebrating 100 Years of Service," but the 690 residents of this rural community aren't in the mood not since government regulators locked the door, emptied the vault and closed the only bank within nearly 20 miles ... "It was really a belief that local banking was the best banking and you did not want to have the big city banks dictating the amount of credit available to small town and... (USA Today -- Money)
No comments posted. May 4, 2009
Developed by brothers Shariar and Shahram Afshani, the former National City Bank headquarters is on a plot where Spring and Main streets converge, between Eighth and Ninth streets, giving the building frontage on three sides. Units range from 650-1,884 square feet and rent for $1,395-$2,295. (Los Angeles Downtown News, CA)
Charles A. Chuck Castle May 4, 2009
Chuck was the former senior vice president and member of the board of directors of the Inter City Bank, now Chemical Bank ... He, Eitel Eberhard and Al Hosbein were instrumental in merging that bank with the Benton Harbor State Bank, forming the Inter City Bank ... He was elected to the Board of Directors at Inter City Bank in 1968, a position he held until he retired in 1980. (The Herald-Palladium)
Remaking an economy Apr 30, 2009
There were a lot of people who lived here who said, Hey, were getting way too deep in our one industry, said Tom Stark, a vice president at Lake City Bank in nearby Goshen. In part to address that concern, county leaders formed an Economic Development Corp. in 2000. (MSNBC -- Business)
Opus West facing $160M lawsuit in Arizona Apr 30, 2009
Other banks suing along with Bank of America include Bank of Oklahoma, Bank of the West, Midfirst Bank, Northern Trust Co., National City Bank, Keybank National Association, Landesbank Hessen-Thuringen Girozentrale, Sovereign Bank and Guaranty Bank. A couple of the banks involved are in financial stress as well, which hampered Opus West s ability to restructure or refinance the loan for the Hill County Galleria, Hewett said. (Twin Cities Business Journal, MN)
Burning bright in dark economic times Apr 29, 2009
Kelley also likes this month's acquisition, noting that First Niagara essentially paid $54 million for former National City Bank branches that hold about $500 million in deposits. "This is a transaction that others would love to find," he said. (Albany Times Union)
Bankers to Host One Day Food Drive This Friday Apr 29, 2009
Washington - First State Community Bank, Bank of Washington, Bank of Franklin County, Citizens Bank, First Bank, U.S. Bank and National City Bank. Union - United Bank of Union and U.S. Bank. (Missourian Publishing, MO)
Capital City Bank Group, Inc. Reports First Quarter 2009 Results Apr 20, 2009
Press Release Source: Capital City Bank Group, Inc. ... April 20, 2009 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NasdaqGS: - ) today reported net income for the first quarter of 2009 totaling ... 16% was 43 basis points higher than a year ago, and better than the linked fourth quarter after adjusting for the recovery of interest income on the resolution of a problem loan late last year,'' said William G. Smith, Jr., Chairman, President and Chief Executive Officer of Capital City Bank... (Primezone Releases)
The rise and fall of Citigroup Apr 18, 2009
However, the history of the bank dates back to the earliest years of the United States, with the foundation of the City Bank of New York in 1812 ... By 1895 the National City Bank of New York, as it had become, was the largest bank in America ... In 1955 the bank altered its name to the First National City Bank of New York, and then in 1976 became Citibank - while its holding company changed its name to Citicorp. (BBC News -- Business)
Runners enjoy taking it to the streets Apr 18, 2009
Search post-gazette NOW. The drawing power to this race -- much like the city that plays host to it -- is in the neighborhoods. (Pittsburgh Post-Gazette, PA -- Sports)
Bull riding headlines Indian River Festival Apr 17, 2009
Purchase a duck for the Crosswinds Youth Services duck race for $5 at Community Credit Union, Colonial Bank, Kennedy Space Center Federal Credit Union, National City Bank, Prime Bank, RBC, Regions Bank, Riverside Bank, Space Coast Credit Union, Seacoast National Bank, Sunrise Bank, SunTrust Bank, CVS Pharmacies, Mailman Joey's, Rockledge Gardens, Cartridge World and Nosh and Ganache in Melbourne. Ducks also can be purchased online at duckrace. (Florida Today)
Coachmen Announces New Financing Partner Apr 17, 2009
April 16 /PRNewswire-FirstCall/ -- Coachmen Industries (Pink Sheets: COHM) whose subsidiaries include All American Homes, Mod-U-Kraf Homes and Coachmen Motor Works has established new financing with Lake City Bank of Warsaw Indiana, the company announced today. Richard Lavers, President and CEO of Coachmen pointed out "that this is a significant step in resolving the liquidity problems faced by the company since last winter when Coachmen's then principle lender Bank of America closed out its... (PR Newswire)
Credit Suisse Hires Merrill's Hasebe to Head Japan Equity Capital Markets Apr 15, 2009
He also helped arrange financing for regional lenders Nishi- Nippon City Bank Ltd. and Fukushima Bank Ltd.. Reduced Operations. (Bloomberg -- Japan)
Local mayors sign Fair Housing proclamation Apr 15, 2009
Standing in the second row (from left) are Stan Wolf of Spring Valley City Bank Housing Committee chairman; Chris Hopps, realtor, Coldwell Banker Today;s; and Linda Taglia of First Farm Credit Services. Signators not included in the photo are Oglesby Mayor Tony Torres, Utica Mayor Fred Esmond, Cherry Village President Robert McCook, Manlius Village President Russ Monson, Sheffield Village President William Rosenow, Naplate Mayor Dawn Dettori, LaSalle Mayor Art Washkowiak, Tiskilwa Village... (Princeton Bureau County Republican, IL)
First Niagara to Repay Bailout Funds Apr 14, 2009
The company plans to use the balance to improve capital levels as it closes an acquisition of 57 western Pennsylvania bank branches from National City Bank. First Niagara also said first quarter profit fell 15 percent as the company increased its provision to cover bad loans. (R News)
First Niagara profit steady Apr 14, 2009
7 million for service related to First Niagara's purchase of National City Bank, and $2 million related to last year s deal to buy Great Lakes Bancorp ... Net proceeds gained from the stock sale would by used for the National City Bank deal, which includes 57 western Pennsylvania branches, and to repay the $184 million in preferred stock issued to the under the Capital Purchase Program as well as for general corporate purposes. (Albany Business Review, NY)
Red-Black Game Kicks off Saturday Apr 14, 2009
Inflatable games will be set up in the Raider Alley area next to the Frazier Alumni Pavilion and will open at 11 a.m. Lubbock Radio Group will provide a live remote from the stadium and fans are encouraged to tailgate in the parking lot between Jones ATium and City Bank Coliseum. Following the spring game the annual autograph signing will take place on the field. (RaiderPower.com)
FNFG profit steady, plans stock sale Apr 13, 2009
Net proceeds gained from the stock sale would by used for the National City Bank deal, which includes 57 Western Pennsylvania branches, and to repay the $184 million in preferred stock issued to the under the Capital Purchase Program as well as for general corporate purposes. Reader Comments. (Buffalo Business First, NY)
> Project Sale: Williams Tower Apr 11, 2009
Designed by Skidmore Owings & Merrill as one of Houston s first major skyscrapers, One City Centre was known as First City Main when it opened in 1961 as the new headquarters for First City Bank. It is one of only two Class A office towers that directly front Main Street Square. (Houston Business Journal, TX)
City Banks accounting firm quits Apr 9, 2009
City Banks accounting firm quits - Puget Sound Business Journal (Seattle) ... City Banks accounting firm quits ... s decision to resign follows the national accounting firm s recent assessment of City Bank in its annual report, in which it noted there is uncertainty as to the bank s ability to continue as a going concern. (Puget Sound Business Journal, WA)
PNCs Chuck Denny to address next ACG Kentucky meeting Apr 9, 2009
Denny, who had been market president for Cleveland-based National City Bank, was appointed PNC s top local officer after federal bank regulators ordered the banks to merge last year. The move made PNC the largest bank with a Louisville presence, ranked by number of branches as well as market share. (Louisville Business First, KY)
First Niagara Expands into Pennsylvania Apr 9, 2009
2 billion in deposits and 57 bank branches from National City Bank in western Pennsylvania. National City Bank's 500 employees in that region will join First Niagara. (R News)
Spring Valley City Bank is 5-star bank Apr 9, 2009
SPRING VALLEY ; The Spring Valley City Bank has earned a five-star superior rating for financial strength from BauerFinancial Inc. of Coral Gables, Fla ... This is the 68th consecutive quarter the Spring Valley City Bank has merited this highest honor ... Earning the firm;s highest five-star rating for a decade or longer puts the Spring Valley City Bank in an elite group of banks called exceptional performance banks, only 10 percent of the nation;s banks can claim this distinction. (Princeton Bureau County Republican, IL)
For $54M, First Niagara taps Western Pa. Apr 8, 2009
The National City Bank transaction, which is expected to close in September, will give First Niagara the No. 3 market share in deposits in the combined Pittsburgh, Erie and Warren regions of Western Pennsylvania, and more than 400,000 customer accounts. Included in the $4. (Buffalo Business First, NY)
Lovell Place sheriff sale part of plan to save it Apr 7, 2009
The letter told the tenants they soon would be receiving notices from Lovell Place's mortgage holder, National City Bank, telling them of the bank's foreclosure of a number of Lovell Place parcels ... The complex's largest creditor is National City Bank, now owned by PNC Bank, which is owed $17 ... Lovell Place Limited Partnership will use the proceeds of the sale to pay its creditors, including National City Bank. (Erie Times-News, PA)
Bayside ATM skimmer 'may be linked to global ring' Apr 7, 2009
ATM card-skimmer found at Sandringham branch of Bendigo Bank may be linked to international ring, Romanian men charged over skimming device theft. The Age - Business News, World News & Breaking News in Australia Skip directly to: Search Box, , , Text Version. (Sydney Morning Herald -- Australia)
Big brother is watching Apr 6, 2009
A National City Bank in downtown Pittsburgh was broken into on March 7, inadvertently, when an intoxicated man accidentally tripped and crashed through the front window (narrowly avoiding decapitation). According to sheriff s reports, a man reported to Huntsville (Ala. (Waterloo Courier, IO)
The walk on the Web Apr 6, 2009
You can do this by sending a check or money order payable to the Spirit of Truth Foundation to Capitol City Bank, 5674 Memorial Drive, Stone Mountain, GA 30083, Acct Number 85167. Or make your online donation. (Atlanta Journal-Constitution -- Metro)
Action by regulators to keep soaring in Washington state Apr 4, 2009
That could help explain why Frontier was slapped with a cease-and-desist order before Lynnwood-based City Bank, which disclosed earlier this year that more than half of its assets are non-performing. Pages: 1. (Puget Sound Business Journal, WA)
Chuck Denny says merger of PNC, National City operations on track Apr 4, 2009
After the Venture Club meeting, Denny talked with Business First to share as much as he can about the ongoing merger of PNC Bank s and National City Bank s local operations. The merger, Denny said, is going well and is on target to be completed by the end of next year. (Louisville Business First, KY)
OPS Staff Takes In Children After Apt. Fire Apr 3, 2009
Anyone wishing to help the families during their search to find a new home can donate to a fire victim's fund at any Mid City Bank branch. Firefighters said a grill on a third-floor balcony sparked the fire. (7 KETV Omaha)
Is Your Bank Really Safe From Robbers? Apr 1, 2009
Robberies on the Rise: Is Your Bank Safe from Robbers. Robberies on the Rise: Is Your Bank Safe from Robbers. (ABC News)
Giving them the finger? Mar 30, 2009
Alleged bank robber Feliks Goldshtein was arrested after a brief chase by police, who were summoned to National City Bank in Stow, Ohio, in January. Employees may have been tipped off because Goldshtein, wearing a ski mask, had waited patiently in a teller s line and only displayed a gun when he finally reached the counter. (Waterloo Courier, IO)
Alexander City's story to tell Mar 28, 2009
Businesses that later became the Fair Store and Frohsin s, as well as the Alexander City Bank and the Citizens Bank (afterwards to become First National, and then Aliant, Bank) were established ... Money was salvaged from the Alexander City Bank and the Citizens Bank. (Alexander City Outlook, AL)
McKinney soccer teams advance Mar 26, 2009
McKinney beat Sulphur Springs in the Class 4A boys playoffs on Tuesday in Forney at City Bank Stadium ... McKinney coach Alan Pocock said the Lions prevailed despite having to defend countless throwins, free kicks and corner kicks on the narrow Forney City Bank Stadium soccer pitch. (McKinney Courier-Gazette, TX)
J.P. Morgan to the rescue Mar 25, 2009
For two harrowing weeks in 1907, with the whole world watching, he operated like a general, deploying three young lieutenants to do leg work and supply him with information, and bringing two other leading bankers, James Stillman of National City Bank and George Baker of the First National Bank, into a senior "trio" to make executive decisions. (First National and National City eventually combined to form what is now Citigroup are the shades of Baker and Stillman writhing over what has become of... (International Herald Tribune -- Ed/Op)
Real Estate Records, 3/22 Mar 22, 2009
City Bank & Trust Co. to Froehlich, Monte, 3421 S. Seventh St., No. A, 175,000. Couillard, Janet L., to Merkel, Jason A. and Kerri S., 1730 Blackhawk Drive, 160,000. (Fremont Tribune, NE)
* Stolen-data trove offers look inside a botnet Mar 20, 2009
The company also talked to the affected bank, Doraville, Georgia-based Metro City Bank, a community bank whose Web site lists four locations, and Prevx said the bank has removed the infected computer. One customer X Yoon-Kee Hong, a 22-year-old college student from Suwanee, Georgia X had signed up for an account with Metro City Bank just a month before learning about the breach. (Taipei Times, Taiwan -- World)
Twelve felony forgery charges for pair involved in scheme, say police Mar 20, 2009
Police say Perez, 29, of 225 Calef Highway, Lee, then cashed the checks at a city bank and a Lafayette Road grocery store. In total, the couple forged and cashed seven checks and split the $1,976. (Seacoast New Hampshire)
