Chris Cumming

Recent Stories From this Author

Bidder Emerges for Minn. Bank Forced into Bankruptcy
October 24, 2014 A Minnesota community bank has made an offer to buy American Bank of St. Paul in what would be the first time a bank was...

Energy Lenders Brush Off Concerns Over Oil Price Drop
October 23, 2014 The price of crude oil has fallen 25% in four months, but banks most closely tied to the energy industry aren't worried. They...

Bankers Confronted by Wide Millennial-Generation Gap
October 21, 2014 To win over younger customers, banks must offer free products that work straight out of the box, while also reducing red tape....

Regulatory Relief, Payments Security Top New ABA Chair's Agenda
October 19, 2014 John Ikard, a Colorado bank CEO and incoming chairman of the American Bankers Association, hopes to score a few legislative...

N.Y.'s Lawsky Considering Strict Cybersecurity Regime for Banks
October 17, 2014 New York regulator Benjamin Lawsky may use the cybersecurity rules he's proposed for virtual-currency companies as a model for...

Webster Beats Estimate with Strong Commercial Lending, Fees
October 16, 2014 Webster Financial in Waterbury, Conn., reported an increase in quarterly profit on the strength of its loan growth.

Fraud Scandal Exposes Vulnerability in USDA Loan Market
October 15, 2014 Pennant Management, which handles assets for community banks and other clients, disclosed that it could be holding up to $179...

CFPB Fines M&T $3.1M for Deceptively Promoting Free Checking
October 9, 2014 The Consumer Financial Protection Bureau said Thursday that M&T Bancorp would pay $3.1 million in fines and reimbursement for...

California Banks Make Big Gains in Sandler O'Neill All-Star List
October 3, 2014 The Golden State is home to nearly a quarter of the banks on Sandler O'Neill's annual list of the top-performing small-cap...

OCC Urges Caution as Lending Surges Across Southern U.S.
September 30, 2014 Community banks in the region are getting better, but the hunt for short-term income could bite them down the road, the Office...

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