The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis, one that could shutter malls, hotels and storefronts nationwide. ...more

November 28, 2008

Whitney National Bank is suing the developers of the 2,800-home Sunshine Village subdivision in Wimauma, claiming they reneged on a $25 million note. ...more

October 15, 2008

SEBRING — Sebring resident Cynthia Hearn picked up a free month's rent courtesy of Riverside Bank. A presentation to the winner of Riverside Bank's "Live One Month Free on Us" sweepstakes was held recently at Riverside's Sebring office. "I can't believe it," said Hearn. "I can really use the additional funds this month." "All of us at Riverside Bank are excited about helping out Ms. Hearn and her two puppies," said Sophia Peavy, Riverside's Sebring office manager. "By eliminating the responsibility of a month's rent payment, Cynthia can use her funds toward paying off other bills or whatever else she wishes to use the money for. It's Riverside's way of showing we care about the citizens in our home towns, especially in this economy. " ...more

February 23, 2008

SEBRING — Riverside Bank has announced a sweepstakes in which winners will have one month's mortgage or rent paid for by the bank. The contest is created in response to a slumping economy at a time when most households are feeling the results of holiday spending. "We understand that many people in the home towns we serve are feeling the pinch of the difficult economy. We thought by presenting this sweepstakes, we could ease their pain a little," said John Williams, regional president in Highlands, Polk and Okeechobee counties. "By eliminating the responsibility of one month's mortgage or rent payment, winners can use their funds toward paying off other bills or whatever else they choose." ...more

January 27, 2008