Dayhoff Westminster

Dayhoff Westminster
www.kevindayhoff.city Address: PO Box 124, Westminster MD 21158 410-259-6403 kevindayhoff@gmail.com
Showing posts with label Business Banking. Show all posts
Showing posts with label Business Banking. Show all posts

Tuesday, June 2, 2015

Carroll County Bank and Trust Company reunion on May 23, 2015 at the Carroll County Farm Museum


http://kevindayhoff.blogspot.com/1999/01/bb-to-acquire-mason-dixon-bancshares-of.html
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Baltimore Sun Carroll Eagle: 
Tumblr: Kevin Dayhoff Banana Stems www.kevindayhoff.tumblr.com/
Kevin Dayhoff is an artist - and a columnist for:
Smurfs: http://babylonfluckjudd.blogspot.com/
Google profile: https://profiles.google.com/kevindayhoff/

E-mail: kevindayhoff(at)gmail.com
My http://www.explorecarroll.com/ columns appear in the copy of the Baltimore Sunday Sun that is distributed in Carroll County: https://subscribe.baltsun.com/Circulation/


See also - Kevin Earl Dayhoff Art www.kevindayhoff.com: Travel, art, artists, authors, books, newspapers, media, writers and writing, journalists and journalism, reporters and reporting, music, culture, opera... Ad maiorem Dei gloriam inque hominum salutem. “Deadline U.S.A.” 1952. Ed Hutcheson: “That's the press, baby. The press! And there's nothing you can do about it. Nothing!” - See more at: http://kevindayhoffart.blogspot.com/#sthash.4HNLwtfd.dpuf
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Monday, February 10, 2014

Excellent business and economics writer Jamie Smith Hopkins reports 1st Mariner Bank to be sold to investors

1st Mariner Bank to be sold to investors - baltimoresun.com

Parent company filed for bankruptcy protection as part of the deal; the bank is not included in that filing

By Jamie Smith Hopkins, The Baltimore Sun 7:12 PM EST, February 10, 2014

http://www.baltimoresun.com/business/money/bs-bz-first-mariner-to-be-sold-20140210,0,3218227.story

Labels: Bus Banking 1st Mariner Bank, Bus Econ Banking, Business Banking, Journalists Hopkins Jamie Smith Sun, People Keidel Mark

 The parent company of 1st Mariner Bank said Monday that it has signed a deal to sell the bank after years of regulatory demands that it increase its capital, potentially ending the company's long struggle to right itself after the mortgage crisis.

A group of investors, many with local ties, have agreed to buy the Baltimore bank — the largest based in the region — and recapitalize it with about $100 million.

First Mariner Bancorp, the parent company, said it filed for Chapter 11 bankruptcy protection Monday afternoon in Baltimore federal court to "facilitate the transaction."

[…]

"For four years, the bank has been under a regulatory order that it's been trying to satisfy, and we've reached the finish line," said Mark Keidel, interim president of 1st Mariner Bank. "This agreement … puts the bank on much firmer financial ground — and quite frankly gives us the ability to be back on offense."


Read more: http://www.baltimoresun.com/business/money/bs-bz-first-mariner-to-be-sold-20140210,0,3218227.story


Jamie Smith Hopkins: 1st Mariner Bank to be sold to investors
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Kevin Dayhoff is an artist - and a columnist for:

Twitter: https://twitter.com/kevindayhoffTwitpic: http://twitpic.com/photos/kevindayhoff
Kevin Dayhoff's The New Bedford Herald: http://kbetrue.livejournal.com/ = www.newbedfordherald.net

 Tumblr: Kevin Dayhoff Banana Stems www.kevindayhoff.tumblr.com/
Smurfs: http://babylonfluckjudd.blogspot.com/
Google profile: https://profiles.google.com/kevindayhoff/

 E-mail: kevindayhoff(at)gmail.com
My http://www.explorecarroll.com/ columns appear in the copy of the Baltimore Sunday Sun that is distributed in Carroll County: https://subscribe.baltsun.com/Circulation/
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Wednesday, October 19, 2011

Kevin E. Dayhoff - TheTentacle.com: Bank Transfer Day

October 19, 2011

Bank Transfer Day
Kevin E. Dayhoff
http://www.thetentacle.com/ShowArticle.cfm?mydocid=4695



The continuing saga of the crusade against the vampire squids… I’m just saying…

While everyone was distracted by what Charles Krauthammer delightfully described as, the “Starbucks-sipping, Levi’s-clad, iPhone-clutching protesters (of the Occupy Wall Street movement who) denounce corporate America even as they weep for Steve Jobs, corporate titan, billionaire eight times over…,” a new social uprising term has entered the public discourse. Saturday, November 5 is “Bank Transfer Day.”

According to the uprising’s meager beginnings on Facebook, created by a small business owner, Kristen Christian, 27, a small art gallery owner in Los Angles, citizens are encouraged to take their money out of the blood-sucking vampire squid mega-banks and put it in smaller community banks or more specifically, credit unions.

Ms. Christian owns “Le Spec,” an independent art gallery. She spoke for many when she answered a question from Jen Doll, in a Village Voice article: Why did you decide to do this?

“Mostly just, I was tired. I was tired of being charged bank fee after bank fee after bank fee… When they decided to react so negatively to the Durbin Amendment, that made me sick…”

As opposed to the Occupy Wall Street protests, which appear to be a mobocracy of themeless, clueless anarchists on holiday, Bank Transfer Day has a well-defined and articulated goal, with a specific action plan.

Even National Public Radio, which never met a leftist cause it could not wholeheartedly support, with our tax dollars, could not fathom what the Occupy Wall Street protestors were trying to say…

Much of the mainstream media and leftist Democrats want you to believe that Bank Transfer Day is an offshoot grass-roots effort spawned by the Occupy Wall Street anarchists-without-a-clue.

Nothing could be farther from the truth...  

http://www.thetentacle.com/ShowArticle.cfm?mydocid=4695


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Kevin Dayhoff Soundtrack: http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://www.kevindayhoffart.com/
My http://www.explorecarroll.com/ columns appear in the copy of the Baltimore Sunday Sun that is distributed in Carroll County: https://subscribe.baltsun.com/Circulation/
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Thursday, May 26, 2011

New York Times: Community Banks Lobby to Limit New Regulations

Community Banks Lobby to Limit New Regulations

MAY 23, 2011, 8:37 PM LEGAL/REGULATORY

Community Banks Lobby to Limit New Regulations

BY BEN PROTESS


http://dealbook.nytimes.com/2011/05/23/community-banks-lobby-to-limit-new-regulations/?nl=business&emc=dlbka9


Network television ads appearing in the Washington area feature an anxious woman who cautions that “community banks and credit unions will be squeezed” by “bad” regulation.

Subway cars serving suburban Virginia carry similar warnings, while Capitol Hill newspapers have run ads from small banks that show an empty pocketbook alongside an alarming notice that “Washington is helping you clean out your wallet.”

The message is clear: lawmakers and regulators should tread lightly on small banks.

In recent months, the community banking industry has started an aggressive grassroots campaign, taking aim at regulation enacted in the aftermath of the financial crisis. Small banks fear new rules under the Dodd-Frank law, especially certain consumer protection provisions and debit card fee restrictions, could hurt their bottom line and even cause a few banks to fail. The Independent Community Bankers of America, an industry trade group, spent roughly $1.2 million lobbying regulators and lawmakers in the first quarter of 2011, according to the Center for Responsive Politics.

But the regulation may not be as burdensome as the advertising campaign — or the lobbying dollars — implies. Community banks and credit unions won exemptions from several of the law’s toughest provisions, and some of the rules put small banks on more equal footing with big banks.

“There is basic human anxiety about change,” said Neal S. Wolin, deputy secretary of the Treasury...  


http://dealbook.nytimes.com/2011/05/23/community-banks-lobby-to-limit-new-regulations/?nl=business&emc=dlbka9

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Kevin Dayhoff Soundtrack: http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://www.kevindayhoffart.com/
My http://www.explorecarroll.com/ columns appear in the copy of the Baltimore Sunday Sun that is distributed in Carroll County: https://subscribe.baltsun.com/Circulation/
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Monday, December 6, 2010

December 7, 1923: Woodbine National Bank - Important Case Decided By The Court Of Appeals

Important Case Decided By The Court Of Appeals

The Court of Appeals of Maryland decided on December 6, 1923, the case of James R. Weer against the Woodbine National Bank, at Woodbine, Carroll County, in favor of the Woodbine Bank, and sustaining the judgment of the Circuit Court for Carroll County against James R. Weer.

Mr. Weer had a safe deposit box in the vault of the Woodbine Bank, which he rented to keep his securities in and yeggmen one night some time ago entered the Bank, and cut a way through the vault doors with an acetylene torch, broke open the safe deposit boxes, and stole the bonds of Mr. Weer and other renters.

Mr. Weer sued the Bank, alleging negligence because the Bank did not have a burglar alarm system, a watchman, insurance of the contents of its safety boxes, and sufficiently thick doors to the vault.

The Circuit Court for Carroll County held that there was no negligence, under all the circumstances, on the part of the Bank and its officials, and by direction of the Court the jury found for the Bank; and this position of the Carroll County Court has been affirmed by the Court of Appeals. The case is important because it determines a number of other claims depending on this suit.

Democratic Advocate, December 7, 1923.

19231207 Important Case Decided By The Court Of Appeals

19231207 Important Case Decided By The Court Of Appeals http://kevindayhoff.blogspot.com/2010/12/december-7-1923-woodbine-national-bank.html


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History 1920s, History 1920s Carroll Co, Bus Banking Carroll Co, Business Banking, Bus Econ History, Judiciary Carroll County, 
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Kevin Dayhoff Soundtrack: http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://www.kevindayhoffart.com/
My http://www.explorecarroll.com/ columns appear in the copy of the Baltimore Sunday Sun that is distributed in Carroll County: https://subscribe.baltsun.com/Circulation/
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Monday, September 28, 2009

Baltimore Sun Bank Failures graph


20090923 Sun Bank Failures graph
Related:

September 28, 2009 story Treasurys rise for 5th straight day even as stocks rebound; investors cautious ahead of data SARA LEPRO ,AP Business Writer ...bill rose to 0.10 percent from 0.09 percent. Its discount rate was 0.11 percent. The cost of borrowing between banks was flat. The British Bankers' Association said the rate on three-month loans in dollars ? the London Interbank Offered... TAGS: Bonds, Abbott Laboratories, Affiliated Computer Services Inc., Mergers, Acquisitions and Takeovers, Xerox Corporation

September 28, 2009 story FDIC chair calls for federal regulation of bank overdraft fees CANDICE CHOI, JEANNINE AVERSA ,AP Business Writers ...industry earned about $29 billion from overdraft fees, according to Oliver Wyman, a Boston-based consulting firm for the banking industry. As part of the changes announced last week, the Bank of America, JPMorgan Chase, U.S. Bank and Wells Fargo...TAGS: J.P. Morgan Chase & Co., National Government, Central Bank, Lawyers, Consumers

September 28, 2009 story FDIC likely will require banks to prepay $36 billion fees to replenish deposit insurance fund MARCY GORDON ,AP Business Writer
...executives and a government official said. The banking industry prefers that option over a special...FDIC look as if it were beholden to the banking industry, experts say. Losses on...an ad hoc basis," said Bert Ely, a banking industry consultant in Alexandria, Va... TAGS: U.S. Department of Treasury, Air and Space Accidents, Prices, Heads of State, Emergency Planning

September 23, 2009 column Hale facing long odds in bailing out 1st Mariner Jay Hancock: … to fix a money-losing bank or have it seized by the government was the early 1990s. The trucking executive had gained control of the Bank of Baltimore, which lent itself into trouble in the last real estate crash.

Go to the Baltimore Sun for more on business and banking: http://www.baltimoresun.com/

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Kevin Dayhoff Soundtrack: http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://www.kevindayhoffart.com/ Kevin Dayhoff Westminster: http://www.westgov.net/ Twitter: https://twitter.com/kevindayhoff Twitpic: http://twitpic.com/photos/kevindayhoff Kevin Dayhoff's The New Bedford Herald: http://kbetrue.livejournal.com/
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Kevin Dayhoff Soundtrack: http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://www.kevindayhoffart.com/
My http://www.explorecarroll.com/ columns appear in the copy of the Baltimore Sunday Sun that is distributed in Carroll County: https://subscribe.baltsun.com/Circulation/
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