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Cooperative Banks News is an EIN News Service for banking industry professionals. Constantly updated news and information about banking.
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Latest Cooperative Banks News

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  • Christopher Nolin joins Cape Cod Cooperative Bank as Assistant Manager in East Dennis 23 Nov 2009 22:14 GMT
    ... Joel G. Crowell, President of Cape Cod Cooperative Bank, is pleased to announce that Christopher Nolin has joined the company as Assistant Branch Manager ...

  • America's Commercial Real Estate Market Heading for Disaster 23 Nov 2009 15:40 GMT
    ... exposure equal to 447% of total capital, as of 30th September, and the Central Cooperative Bank of Somerville had over 500% exposure. The United States bankrupted itself with its $23 trillion ...

  • UPDATE 1-Italy's Popolare proposes bln-euro convertible bond 23 Nov 2009 18:50 GMT
    ... euros ($1.5 billion) to boost its lagging Core Tier 1 capital ratio, the Italian cooperative bank said on Monday. The boards of Popolare, Italy's sixth-biggest bank by market value, approved the ...

  • Uniqa due to launch 200 mln eur cashcall -paper 23 Nov 2009 07:43 GMT
    ... No.2 insurer, a big player in emerging Europe, may only be subscribed to by cooperative bank Raiffeisen Zentralbank and its affiliates, the newspaper added, citing informed sources. RZB via several companies ...

  • Internet Scam Claims Victim in South 23 Nov 2009 11:30 GMT
    ... double-dealing, nor will it be the last, but this case where some bad prey upon people ...

  • Canadians consider federal CU legislation 23 Nov 2009 14:50 GMT
    ... OTTAWA, Canada (11/23/09)--The Canadian government is considering a bill to ... amending of the Bank Act to create cooperative banks, rather than allocating the legislative resources to amend ...

  • Identity theft 23 Nov 2009 14:04 GMT
    ... Concerns about data privacy have led a number of banks ... credit cards in Germany. Customers of Germany's cooperative banks have been hardest hit with more than 60,000 ...

  • National Consumer Cooperative inks forbearance pacts 20 Nov 2009 02:11 GMT
    ... due Dec. 15, 2010. According to a Form 8-K filed Nov. 19, National Consumer Cooperative Bank also entered into a forbearance agreement in May 1, 2006, revolving credit facility with a ...

  • MP co-op bank gets first non-Congress chairman 20 Nov 2009 01:13 GMT
    ... More than 50 years after it came into existence, Madhya Pradesh State Cooperative Bank Limited (apex bank) elected its first non-Congress chairman on Thursday. Former BJP MLA Bhanwar Singh ...

  • RBI panel moots umbrella body, lifeline for UCBs 18 Nov 2009 01:50 GMT
    ... With financials of 392 urban co-operative banks (UCBs) out of ... an important role in strengthening the urban cooperative banking sector as part of banking sector reforms," ... not more than six months/one year. Internationally, cooperative banks, popularly called credit unions, operate in networks ...

  • SCITUATE AROUND TOWN: News of a local Scituate graduate made good 19 Nov 2009 19:30 GMT
    ... in Cape Verde and now resides in Scituate. Liberty Bank, a division of Holbrook Cooperative Bank, has been open since June at 60 Crescent St. Presiding over the festivities was bank ...

  • Rabobank sees FY result close to record 2008 19 Nov 2009 16:03 GMT
    ... as well as equity is developing in a very positive manner," he said. The cooperative bank -- which has a rare triple-A credit rating -- said in August its half-year net ...

  • Financial enterprises aim for MOU niche in China 18 Nov 2009 03:53 GMT
    ... their reach in the world's third-largest economy. Banks with government investment such as Taiwan Cooperative Bank, Land Bank and First Bank have expressed their intention to establish branches in China as ...

  • Italian Stocks - Factors to watch on Nov 20 20 Nov 2009 08:56 GMT
    ... not being completed, MF reported. * BANCA POPOLARE DI MILANO The deadline for the cooperative bank to decide on a bancassurance pact with France's Credit Mutuel has been extended to the ...

  • 'Cooking from the heart' at Ginger Café 20 Nov 2009 04:37 GMT
    ... Street, has become the go-to place for Lowell District Court lawyers and judges, Lowell Cooperative Bank workers, UMass Lowell students and passers-by, attracted by the healthy, homemade food and European café ...


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