Bank Merger to Bring Capital for Growth
Bank Merger to Bring Capital for Growth
Recently opened Grandpoint Bank in Los Angeles and First Commerce Bank in Encino will merge to become a wholly owned subsidiary of the holding company Grandpoint Capital.
Read more on San Fernando Valley Business Journal
Federal Reserve to Old Southern Bank: Raise new capital or merge with another bank.
Federal Reserve to Old Southern Bank: Raise new capital or merge with another bank.
Federal bank regulators slapped a new order Thursday on Old Southern Bank, giving the Orlando community bank 30 days to come up with fresh capital or face further action.
Read more on Orlando Sentinel