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Tag Archives: Banks

Rockville bank tapped for N.C. role (access required)

Capital Bank, a Rockville-based bank with two branches in Maryland and one in Washington, announced it has acquired most of the assets and assumed the deposits of Pisgah Community Bank in Asheville, N.C. Pisgah, which has a single location in Asheville, was closed by North Carolina banking officials on Friday and its assets and deposits transferred to the Federal Deposit Insurance Corp. acting as receiver for the failed bank.

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Bernanke says Fed increasing financial monitoring

The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben Bernanke said Friday. Bernanke said the Fed is still monitoring banks and other systematically important ...

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BV Financial reports drop in earnings (access required)

BV Financial Inc., of Dundalk, the holding company for Bay-Vanguard Federal Savings Bank, reported net income for its fiscal third quarter ended March 31 of $149,000, or 6 cents per diluted share, compared to net income of $625,000, or 27 cents per diluted share, for the same period a year earlier.

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Earnings drop at Glen Burnie Bancorp (access required)

Glen Burnie Bancorp, the parent company of The Bank of Glen Burnie, reported first-quarter net income of $529,000, or 19 cents per share, versus net income of $730,000, or 27 cents per share, in the prior-year quarter.

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