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Cooperative Bank

ONLY ON 3: Vice Chair of new Wilmington Ballpark Coalition quits after WWAY asks questions

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video We told you yesterday about a new group supporting the City of Wilmington in its plans to bring a ballpark to town. Today, the vice chair of the Wilmington Ballpark Coalition resigned after WWAY started asking questions about his involvement. Full story...
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Former bank CEO starts over

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videoIt's become a familiar story for many as the nation struggles with a devastating economy: losing your job and having to start over from square one. Rick Willetts was the head of Cooperative Bank. Last June the bank collapsed; the tough economy devouring what he had taken so much pride in. Full story...
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Cooperative Bank reopening as First Bank

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videoFor the second time this year, a Wilmington-based bank has failed. The state Bank Commissioner Friday closed Cooperative Bank. Full story...
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Cooperative Bank must raise millions in capital

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Cooperative Bank is scheduled to file their 2008 fourth quarter earnings report Friday. The Wilmington based bank is in the middle of a cease and desist order from the FDIC. Cooperative must raise $25 million of capital by July in order to stay open. Full story...
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