2008 Press Releases

12/24/2008
McIntosh Bancshares, Inc. (Pink Sheets: MITB; Jackson, GA) announces capital enhancement plans consisting of a private placement of debentures, private placement of common stock and application for preferred stock issuance pursuant to the TARP Capital Pur
12/19/2008
Provident Bankshares Corporation (Baltimore, MD, NASDAQ: PBKS) agrees to merge with M&T Bank Corporation (Buffalo, NY, NYSE: MTB)
12/19/2008
BB&T Corporation (Winston-Salem, NC; NYSE: BBT) subsidiary CRC Insurance Services to acquire TAPCO Underwriters Inc. (Burlington, NC; Private)
12/18/2008
Canton Bancorp, Inc. (CBPA.OB) has signed a Letter of Intent to merge with Chemung Financial Corporation (CHMG.OB)
12/17/2008
Flagstar Bancorp, Inc. (Troy, MI; NYSE: FBC) today announced that it has entered into an investment agreement with MP Thrift Investments L.P., an entity formed by MP (Thrift) Global Partners III LLC, an affiliate of MatlinPatterson Global Advisers LLC.
12/11/2008
Citizens Bancshares Corporation (OTCBB: CZBS; Atlanta, GA) has signed a definitive agreement to acquire the Lithonia, GA branch of The Peoples Bank, a subsidiary of Persons Banking Co., Inc. (Lithonia, GA)
12/9/2008
Genworth Financial (NYSE: GNW) and InterBank fsb (Private: Maple Grove, MN) have entered into a definitive share purchase agreement for the acquisition of InterBank by Genworth as part of that financial security company becoming a savings and loan holding
11/25/2008
Old National Bancorp (NYSE: ONB; Evansville, IN) has signed an agreement to acquire Charter One’s Indiana franchise from Citizens Financial Group the principal U.S. subsidiary of Royal Bank of Scotland Group Plc).
11/17/2008
Lincoln National Corporation (NYSE: LNC) and Newton County Loan & Savings, FSB (Mutual: Goodland, IN) have entered into an agreement which provides for the acquisition of Newton County by Lincoln National.
11/17/2008
Genworth Financial (NYSE: GNW) and InterBank fsb (Private: Maple Grove, MN) have entered into an agreement in principal, subject to negotiation of a definitive agreement, which provides for the acquisition of InterBank by Genworth as part of that financia
11/10/2008
Pennsylvania Commerce Bancorp, Inc. (Harrisburg, PA, NASDAQ: COBH) to acquire Republic First Bancorp, Inc. (Philadelphia, PA, NASDAQ: FRBK).
11/7/2008
Fidelity National Financial, Inc. (NYSE: FNF, Jacksonville, FL) and LandAmerica Financial Group, Inc. (NYSE: LFG, Glen Allen, VA) announce the signing of a definitive merger agreement
11/6/2008
Nationwide Exchange Services (Private, San Jose, CA) acquires J.P. Morgan Property Exchange, Inc. from J.P. Morgan Chase (NYSE: JPM, New York, NY)
10/30/2008
The Clearing Corporation (Private: Chicago, IL) has announced its intention to effect a sale of the business and to develop a global Credit Default Swaps ("CDS") clearing solution with the IntercontinentalExchange, Inc. (NYSE: ICE; Atlanta, GA)
10/28/2008
SCBT Financial Corporation (NASDAQ: SCBT; Columbia, SC) completes $28.3 million private issuance of public equity ("PIPE") transaction
10/24/2008
PNC Financial Services Group, Inc. (Pittsburgh, PA, NYSE: PNC) to acquire National City Corporation (Cleveland, OH, NYSE: NCC).
10/10/2008
MBT Financial Corp. (NASDAQ: MBTF; Monroe, MI) acquires the deposits of Main Street Bank (Private; Northville, MI) from the FDIC
10/9/2008
Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) announced today that it has entered into an underwriting agreement for the sale of 1,500,000 shares of common stock at a price of $24 per share for gross proceeds of $36 million, exclusive of the underwriters'
9/25/2008
Independent Bank Group Central Texas, Inc. (Private: McKinney, TX) has agreed to merge with Independent Bank Group, Inc. (Private: McKinney, TX)
9/24/2008
Gateway Financial Holdings, Inc. (Virginia Beach, VA; NASDAQ: GBTS) has agreed to merge with Hampton Roads Bankshares, Inc. (Norfolk, VA; NASDAQ: HMPR)
9/19/2008
American Home Bank, N.A. (Mountville, PA; Private) has agreed to merge with First Chester County Corporation (West Chester, PA; OTCBB: FCEC)
9/18/2008
First Federal Bankshares, Inc. (NASDAQ: FFSX) of Sioux City, IA has signed a definitive agreement to sell one of its Iowa retail banking branches to Lincoln Bancorp of Reinbeck, IA.
9/18/2008
Humboldt Merchant Services, LP (Eureka, CA) has agreed to sell substantially all of its assets to Moneris Solutions, Inc. (Schaumburg, IL)
9/3/2008
Lincoln Bancorp (NASDAQ: LNCB, Plainfield, IN) has announced a definitive agreement to merge with First Merchants Corporation (NASDAQ: FRME, Muncie, IN)
8/19/2008
Bank of the San Juans Bancorporation (Private, Durango, CO) has entered into a definitive agreement to merge with Glacier Bancorp, Inc. (NASDAQ: GBCI, Kalispell, MT)
7/28/2008
Sun National Bank, a subsidiary of Sun Bancorp, Inc. (NASDAQ: SNBC) of Vineland, NJ has signed a definitive agreement to sell its six Delaware retail banking branches to Wilmington Savings Fund Society, FSB, the principal subsidiary of WSFS Financial Corp
7/21/2008
Community Bank of Orange, National Association (OTC: CBOG.PK) Announces Investor Tender Offer and Recapitalization
6/16/2008
PFF Bancorp, Inc. (NYSE: PFB; Rancho Cucamonga, CA) has entered into a definitive agreement to merge with FBOP Corp. (Private; Oak Park, IL) in a 100% cash transaction.
6/10/2008
Republic First Bancorp, Inc. (NASDAQ: FRBK; Philadelphia, PA) announces the closing of a $10.8 million Convertible Trust Preferred Offering
6/10/2008
Greater Atlantic Financial Corp. (Pink Sheets: GAFC.PK, Reston, VA) has entered into a definitive agreement to merge with Summit Financial Group, Inc. (NASDAQ: SMMF, Moorefield, WV) in a 100% stock transaction.
6/8/2008
Willis Group Holdings (London, U.K.; NYSE: WSH) and Hilb Rogal & Hobbs (Glen Allen, VA; NYSE: HRH) agree to combine in $2.1 billion transaction aimed at accelerating growth and increasing client value
5/28/2008
Service 1st Bancorp (OTCBB: SVCF, Tracy, CA) has entered into a definitive agreement to merge with Central Valley Community Bancorp (NASDAQ: CVCY, Fresno, CA)
5/21/2008
Harleysville National Corporation (Nasdaq: HNBC; Harleysville, PA) and Willow Financial Bancorp, Inc. (Nasdaq: WFBC; Wayne, PA) have entered into a definitive agreement to merge
5/14/2008
CSB Bancorp, Inc. (OTCBB: CSBB; Millersburg, OH) has announced the acquisition of Indian Village Bancorp, Inc. (OTCBB: IDVB; Gnadenhutten, OH)
5/6/2008
Knight Capital Group, Inc. (NASDAQ: NITE; Jersey City, NJ) has agreed to acquire Libertas Holdings, LLC (Private; Greenwich, CT)
4/24/2008
Rivergreen Bank (OTCBB: RVGR) has agreed to merge with Savings Bank of Maine (Mutual)
4/14/2008
Fremont General, Corp. (NYSE: FMT; Brea, CA) to sell certain bank branches and $5.6 billion in deposits as well as certain other assets to CapitalSource, Inc. (NYSE, CSE: Chevy Chase, MD)
4/9/2008
State Bancorp, Inc. (NASDAQ: STBC; New Hyde Park, NY) signs agreement with Main Street Bank (Private; Kingwood, TX) for sale of leasing subsidiary assets
4/2/2008
First Place Financial Corp. (Warren, OH; NASDAQ: FPFC) has announced its intent to acquire OC Financial, Inc. (Dublin, OH; OTCBB: OCFL)
3/24/2008
Miller Mathis & Co. (Private; New York, NY) has agreed to merge with Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM; New York, NY)
3/19/2008
Valley National Bancorp (Wayne, NJ; NYSE: VLY) and Greater Community Bancorp (Totowa, NJ; NASDAQ: GFLS)
3/17/2008
CME Group, Inc. (NYSE, Nasdaq: CME; Chicago, IL) to Acquire NYMEX Holdings, Inc. (NYSE: NMX; New York, NY)
3/11/2008
BankAtlantic announces sale of five Orlando stores to MercantileBank
3/11/2008
Eastern Bank Corporation (Boston, MA; Mutual) has agreed to acquire MASSBANK Corp. (Reading, MA; NASDAQ: MASB)
3/11/2008
TIB Financial Corp. announces closing of $10.1 million private placement
3/7/2008
Ambac Financial Group, Inc. (NYSE: ABK; New York, NY) prices common stock and equity unit offerings for an aggregate of $1.5 billion
2/27/2008
1st Independence Financial Group, Inc. (NASDAQ: FIFG; Louisville, KY) has agreed to merge with MainSource Financial Group, Inc. (NASDAQ: MSFG; Greensburg, IN)
2/15/2008
F.N.B. Corporation (NYSE: FNB) to acquire Iron & Glass Bancorp, Inc. (OTCBB: IRGB)
1/31/2008
YellowJacket Software, Inc. (Private, New York, NY) has agreed to merge with IntercontinentalExchange, Inc. (NYSE: ICE, Atlanta, GA).
1/25/2008
Paula Financial (Pink Sheets: PFCO; Pasadena, CA) has entered into an agreement to sell assets of Pan American Underwriters to Ascension Insurance, Inc. (Private; Kansas City, MO)
1/11/2008
Countrywide Financial Corporation (NYSE: CFC) has agreed to merge with Bank of America Corporation (NYSE: BAC)
1/8/2008
MutualFirst Financial Inc. (NASDAQ: MFSF, Muncie, IN) has agreed to acquire MFB Corp. (NASDAQ: MFBC, Mishawaka, IN)