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Great American Bank walking a tightrope Six community groups voice concern about proposed Wells deal Great American Bank's agreement to sell its 130-branch California network to Wells Fargo & Co. [...]

To gain public market access, institution had to switch regulators BRIDGEVILLE -- After roughly a year of relentless paper-shuffling, Bridgeville Savings Bank finally has received approval from federal regulators to [...]

Bad real estate loans from the go-go '80s continue to haunt Sacramento banks in the gone-gone '90s. The latest victim is Sunrise Bancorp. After fresh appraisals of commercial property showed [...]

RTC investigates ties between local mortgage broker and defunct thrift The Resolution Trust Corp. and U.S. attorney are investigating Santa Clara-based Amerimac Corp. in connection with an alleged scheme to [...]

Farm & Home, Roosevelt lead thrift pack in profits Farm & Home Roosevelt Bank and First Bank posted the largest profits of St. Louis area savings and loans during the [...]

El Paseo center files Chapter 11 The long-struggling El Paseo Shopping Center has filed for bankruptcy protection from its creditors after its primary lender refused to restructure a loan to [...]

RTC criticized for handling of N. Va. thrift Some say United in worse shape after takeover as decisions lag Ten months after federal regulators seized United Savings Bank, the Vienna [...]

Roosevelt Bank, Heartland lead pack as thrifts rebound The hemorrhaging of St. Louis area savings and loans has finally begun to slow. As a group, local thrifts lost $8.2 million [...]

Allied, CRI begin to hunt for assets of ailing banks Perpetual's loan portfolio one area both have interest in Sensing that the time is now right, cash-flush Allied Capital Corp. [...]

Equimark set for overhaul Under a recently installed management team, Equimark Corp., the parent of Liberty Savings Bank in Philadelphia, will sell assets, cut staff and rework its loan portfolio [...]

Lender presses developer on PruneYard properties Shopping center, inn slated for auction unless Sahadis cure default The PruneYard Shopping Center in Campbell and the nearby 99-room Campbell Inn are slated [...]

Area S&Ls: strong get stronger, weak fall behind Franklin County's profitable thrifts got stronger in the second quarter of the year, while the unprofitable ones slipped even further. State Savings [...]

Debt forgiveness allows bank to meet regulations The bad news is Meritor Savings Bank reported a loss of $22.6 million for the third quarter, bringing its net loss for 1990 [...]

Annapolis Federal Savings Bank Thrift shoots for $5 million in private offering Annapolis Federal Savings Bank plans to raise up to $5 million in a private offering, the latest area [...]

Far West Federal Bank faces ultimatum Regulators say they will seize embattled thrift unless it raises its capital by $11 million Far West Federal Bank, already embroiled in a life-or-death [...]

Feds cancel checks, claim money is gone Nineteen depositors issued checks for $130,000 later deemed worthless after thrift closes The day after thousand of dollars in checks were issued to [...]

Great American near solution to capital woes Great American Bank is expected to announce soon how it intends to raise $350 million, with analysts suggesting that it may sell off [...]

Junk bond fall hits Far West Federal's bottom line Far West Federal Bank was forced to write off $2.6 million at the end of 1989 due to the fallen market [...]

Law, accounting firms help Ehney thrift seek capital The local law firm and the accounting firm associated with First Savings Bank & Trust are part of a group negotiating a [...]

Government moves in at Empire With last week's takeover by regulators, the fading sun finally set on Empire of America F.S.B. But just as each end can bring a new [...]

The Empire State Bank N.A. has recently launched its community offering whereby it plans to raise between $12.5 million to $16 milllion by selling its stock. The Patriot Federal Savings Bank, on the other hand is seeking finance of $4 million from private investors to bridge the gap left after its community offer in late October.

After one-time hit to beef up insurance fund, premium rates are set to decrease in future Except for a one-time assessment imposed by Congress, American National Savings Bank would have [...]

Executives at U.S. Bancorp, KeyCorp and Seafirst can brag about aggressive cost-cutting and reasonably stable credit quality. At Washington Mutual Inc. and Washington Federal Inc., executives are smiling about favorable [...]

Officers and directors of Reliance Federal Savings will spend about $280,000 to acquire about 8% of the thrift's stock when it goes public later this month. In addition, Reliance's employee [...]

'We made a profit for the year,' says William L. Young, president and CEO of Metro Savings Bank, with a smile. While it wasn't much -- a mere $5,000 -- [...]

Old Homestead Financial could be liable for $18 million Six months after Homestead Savings in Millbrae was taken over by federal regulators, its former parent company is still trying to [...]

The demise of Meritor Savings Bank will give Philadelphia's real estate market a cold shower, but it also has piqued brokers' interest. Real estate brokers and investors were scrambling last [...]

Capital Region thrifts, bolstered by widening net interest rate spreads, earned $8 million more in the first six months of 1992 than they had in the same period a year [...]

Mutual funds and financial services companies benefited from the soaring stock market in 1991. Bank revenue increased as the Federal Reserve Bank continued to lower the prime lending rate, creating [...]

TABULAR DATA OMITTED For executives at Capital Region thrifts, there is reason to be optimistic. All of the thrifts based in the Capital Region--including Schenectady Federal Savings & Loan Association, [...]

A casualty of the slow real estate market, a development firm owned by the Columbia County attorney has filed for bankruptcy protection and may cut a deal turning over most [...]

Chevy Chase Savings Bank, the areas's largest thrift, hopes to raise much needed capital by selling off a chunk of its home equity loan portfolio, according to securities documents. Chevy [...]

Federal regulators rejected a capital improvement plan submitted by Investors Savings Bank. Specifics of the plan were not available. Investors has stopped paying dividends and laid off 14 percent of [...]

Credit card defaults pile up at Chevy Chase Chevy Chase Federal Savings Bank is experiencing increasing defaults on its credit card receivables, recent filings show. According to Securities and Exchange [...]

Area builders lose control of weak thrift Federal regulators have seized a Wisconsin thrift owned by Twin Cities-area home builders and commercial land developers Donald Zeitlow and Scott Teigen. Examiners [...]

Local lenders and housing agencies get $8.9 million SAN FRANCISCO - Fourteen projects involving local lenders and housing agencies are among those receiving a share of $8.9 million in federal [...]

Southwest's loan troubles snare Universal Savings Universal Savings Bank hasn't lent money in the Southwest, but real estate problems plaguing the region have invaded the small Milwaukee savings and loan. [...]

Team of Quadrini family members picks Bethlehem for upscale project Developer John Quadrini and two of his sons have begun work on an upscale housing development in the town of [...]

OTS charge leaves Home Unity in the red Home Unity Savings Bank PaSA took a $2.2 million hit to its operating earnings in the first quarter of 1991 at the [...]

2d National strikes deal over notes Second National Federal Savings Bank in Annapolis reached an agreement with institutional holders of $27 million in subordinated debentures to partially retire the debt [...]

Thrift profits cut in 1990 by additions to loan loss reserves Capital Region thrifts ended 1990 a bit less profitable than they were in 1989, but in good shape to [...]

2 Virginia thrifts await approval of capital plans The two largest thrifts in Virginia, Perpetual Savings Bank and Investors Savings Bank of Richmond, received 'going concern' letters from their auditors, [...]

Behind headlines, banking industry OK Reading all the bad news chronicled in this newspaper and in others on banks and thrifts, a casual observer might conclude that the banking industry [...]

RTC inherits properties from Md. thrift Insolvent First Federal Savings Bank of Annapolis poured 31 properties valued at $7 million into a pool of real estate being managed by the [...]