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Federal Reserve places restrictions on Arizona Bancshares
Arizona Bancshares Inc., the holding company for First State Bank, has signed a written agreement with the federal Reserve Bank of san francisco that severely limits its business activity and operations.
Biz Journal

Police seek smiling Phila. bank robber
Authorities are searching for a man who is a suspect in three bank robberies and who the FBI described as "armed and dangerous."
The Philadelphia Inquirer

Boerne Food Bank`s Cupboard Almost Bare
A Boerne food bank needs food, money and volunteers as their food donation requests increase.
KSAT.com

PremierWest names chief credit officer
William M. Yarbenet has been appointed chief credit officer of PremierWest Bank, the subsidiary of PremierWest Bancorp announced on Thursday. (PRWT)
Biz Journal

West Sac man pleads guilty to two counts of bank robbery
A West Sacramento man pleaded guilty in Thursday to two counts of bank robbery in federal court in Sacramento. The plea comes in the wake of a spree of five bank robberies over four months earlier this year.
Biz Journal

Three Palm Beach gas stations in foreclosure
Grand Bank & Trust of Florida is seeking to foreclosure on three gas stations in Palm Beach County that were repossessed earlier by the holder of the second mortgage on them.
Biz Journal

PremierWest names Yarbenet chief credit officer
William M. Yarbenet has been appointed chief credit officer of PremierWest Bank, the subsidiary of PremierWest Bancorp announced on Thursday. (PRWT)
Biz Journal

BofA sues Colonial BancGroup for $1B
Bank of America Corp. is suing Alabama-based Colonial BancGroup Inc. for more than $1 billion in cash and loans, The Birmingham News reports. (BAC) (CNB)
Biz Journal

TPD make arrest in west side bank robbery
Tucson police have made an arrest in a bank robbery that happened back in July. Amelia Satathite, 20, was arrested on Aug. 5th for her connection to robbing the Wells Fargo Bank at 2150 W. Grant Rd. on
KVOA

FHLB stung by Alt-A portfolio, Q2 loss
The federal Home Loan Bank of Boston, a key source of funding for area lenders, lost money in the second quarter as it continues to write down the value of investments in mortgage-backed securities.
Biz Journal

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