Tuesday, January 06, 2009

 

MERGERS AND ACQUISITIONS:

 

Wells Fargo Purchases Loan and Lease Receivables from GE Healthcare Financial Services – Equipment Finance

 

 

GENERAL BANKING NEWS:

 

Ocean Shore Holding Co. Announces Commencement of Syndicated Community Offering

 

New England Bancshares, Inc. to Merge Banking Subsidiaries but Retain Existing Branding Strategy

 

Peapack-Gladstone Financial Corporation Reports Early Retirement of Arthur F. Birmingham, its Chief Financial Officer

 

Heritage Bank, N.A. To Become Herald National Bank

 

Southern National Bancorp of Virginia Inc. Reports That Sonabank Has Moved Its Headquarters to McLean, Virginia and Has Converted to a State Charter

 

Daniel J. Schrider Named Chief Executive Officer of Sandy Spring Bancorp, Inc.

 

Dime Community Has Elected Not to Participate in the U.S. Treasury Capital Purchase Program

 

 

EARNINGS RELEASES:

 

United Community Banks, Inc. Updates Outlook on Credit Quality for Fourth Quarter 2008

 

 

DIVIDENDS:

 

SouthCrest Financial Group, Inc. Declares First Quarter Dividend

 

Horizon Bancorporation, Inc. Announces Continuation of Shareholder Dividend

 

Community Valley Bancorp Suspends Quarterly Cash Dividend