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The FDIC is considering tapping its emergency line of credit with the Treasury. FDIC Chair Sheila Bair recently hinted after a speech at Georgetown University that all options are on the table when it comes time to replenish the dwindling Deposit Insurance Fund. We’ll find out more in the next few weeks after the FDIC board of directors meets. Stock market bulls aren’t concerned about the inevitable acceleration in bank failures — at least for now. Even though deposits will be insured against

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Severn Bancorp Announces Third Quarter Dividend ANNAPOLIS, Md., Sept. 17 /PRNewswire-FirstCall/ — Severn Bancorp, Inc., (NASDAQ:SVBI) parent company of Severn Savings Bank, FSB (”Severn”), announced that its Board of Directors has declared a regular quarterly dividend of $.03 per share for the third quarter of 2009. This dividend is payable on October 15, 2009 to shareholders of record as of the close of business on September 30, 2009. This dividend is consistent with the $.03 per share divi

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Huntington Bancshares Appoints Cleveland’s William R. Robertson to Its Board Third High Level Huntington Appointee from Cleveland Since March CLEVELAND, Sept. 14 /PRNewswire-FirstCall/ — William R. Robertson, a 45-year resident of Cleveland, and a former president, director and deputy chairman of National City Corp., has been appointed to Huntington’s Board of Directors. It was with the help of Robertson’s leadership that National City became one of the country’s premier banks during the 197

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Redwood Trust Declares $0.25 Per Share Dividend for the Third Quarter of 2009 MILL VALLEY, Calif., Sept. 9 /PRNewswire-FirstCall/ — Redwood Trust, Inc. (NYSE:RWT) today announced that its Board of Directors authorized the declaration of a third quarter regular dividend of $0.25 per share. The third quarter 2009 dividend is payable on October 21, 2009 to stockholders of record on September 30, 2009. “An important financial goal of Redwood is to invest in assets that generate attractive long t

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Farmer Mac Declares Quarterly Dividends on Common and Preferred StockWASHINGTON, Aug. 7 /PRNewswire-FirstCall/ — The Board of Directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a quarterly dividend on each of the Corporation’s three classes of common stock – Class A Voting Common Stock (NYSE:AGM.A), Class B Voting Common Stock (not listed on any exchange), and Class C Non-Voting Common Stock (NYSE:AGM). The quarterly dividend of $0.05 per share of common stock

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