Commercial banks
Marquette Banks, a Minnesota-based financial institution, has announced its partnership with Intuit to offer on-line banking services to its customers using Quicken software. This move makes Marquette Banks one of the first banks in the country to provide such services, with operations set to begin in the fall of 1995.
Commercial banks
Centura, the only bank in North Carolina offering on-line banking through Quicken, has formed an alliance with Intuit Inc. to enable customers to manage their finances electronically on their home computer. This service, expected to begin this fall, will allow Centura customers to automatically download their current bank account information,
Commercial banks
Bank of America and NationsBank have finalized their acquisition of MECA Software, Inc., a Connecticut-based developer of financial management software. The acquisition follows an announcement in May to purchase the company, known for its award-winning Managing Your Money software. Paul Harrison, President and CEO of MECA Software, emphasized the importance
Commercial banks
NationsBank has agreed to purchase CSF Holdings, the parent company of Citizens Federal Bank, a move that will significantly enhance its market share and presence in Florida. The acquisition, valued at $516 million, will expand NationsBank's presence in Florida by over $4 billion in assets and $3 billion
Commercial banks
Laurentian Bank of Canada has reached an agreement with North American Life Assurance Company to acquire its subsidiary North American Trust Company for approximately $4.5 billion. The deal, which includes assuming all $2.8 billion in deposit liabilities and $1.7 billion in performing loans, marks a significant expansion
Commercial banks
FirstFederal Financial Services Corp has announced the appointment of James J. Little as executive vice president in charge of business development, effective immediately. Little brings a wealth of experience in financial management, mergers, and acquisitions to the role, having served as president and CEO of Falls Savings Bank and Falls
Commercial banks
Bank of America Illinois has announced plans to install automated teller machines (ATMs) in 172 Jewel-Osco Stores across Chicagoland and other Midwest cities, marking a significant expansion of its banking services in the region. As part of a pilot program, three in-store financial service centers will be set up in
Commercial banks
NationsBank Corporation has announced the issuance of a $500 million senior floating-rate euronote issue, with a rating of "A+" (Single-A-Plus) assigned by Duff & Phelps Credit Rating Co. (DCR). This rating reflects the company's improved ability to achieve consistent quality earnings through all phases of a
Commercial banks
The NationsBank Olympic Day Celebration Weekend, scheduled to take place June 16-18 at the PGA National Resort and Spa in West Palm Beach, Florida, promises to be an exciting event for sports enthusiasts and families alike. The weekend's festivities will feature a range of activities, including a 5K
Commercial banks
SDN Bancorp and its subsidiary San Dieguito National Bank have announced a letter of intent with Dartmouth Capital Group L.P. led by Robert P. Keller. The proposed transaction aims to recapitalize San Dieguito National Bank by having Dartmouth Capital Group purchase shares of common stock and convert at least
Commercial banks
Beverly Hills Bancorp, a financial institution based in California, held its annual meeting on June 1, 1995, where shareholders voted against selling their holdings in Tigera Group, Inc. However, prior to the meeting, the bank received an offer from Qualis Care L.P. to acquire the shares for a higher
Commercial banks
First Commercial Bancorp Inc., the holding company for First Commercial Bank, has filed a registration statement with the Securities and Exchange Commission for an offering of up to 4,110,000 shares of its common stock. The offering aims to raise up to $9,124,200 of additional capital for
