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Edward Duffy, who was chairman of the holding company for the former Marine Midland Bank in Buffalo, N.Y., has died. He was 89.
April 7 - PH
Citi's Bonus Plan Criticized; FOMC Minutes Suggest Caution
April 7 -
According to the American Bankers Association's quarterly report on consumer delinquency trends, late payments on home-equity loans and home-equity lines of credit have dipped below 15-year averages for the first time since the Great Recession.
April 7 -
CO-OP Financial Services annual shareholder dividend pool totaled $53.3 million for 2015, the highest annual dividend recorded by a credit union service organization for its owner credit unions, the company announced Wednesday.
April 6 -
Bancorp of New Jersey in Fort Lee has hired a former state regulator as its new chief executive.
April 6 - PH
Fed Minutes Primer; How Will Sanders Slash Banks?
April 6 -
Amalgamated Bank in New York has recruited a former American Express executive to develop its online banking platform and has created a new position to oversee corporate philanthropy.
April 5 -
The program is a 24-month curriculum designed to generate groundbreaking new ideas and position participants to carry the torch for growth and innovation in the credit union market, Filene announced Monday.
April 5 - PH
B of A's Stress Test Team; Hedge Funds Sue Puerto Rico GDB
April 5 -
As they look to cut costs, banks are looking across the globe for cheap spots to host parts of their operations. A new report identifies the best back-office bargains.
April 4 -
"In Northwest Arkansas there are a lot of banks with similar names," Chairman Jon Harrell said in a news release about the rebranding, which includes a new logo and signage. "We wanted a name that would stand out and at the same time it was important to us to not lose sight of our roots."
April 4 - PH
Panama Papers; Tour de Kashkari; Citi Active Overseas
April 4 -
Beijing-based payment processor PayEase Corp. now supports payments through Apple Pay in China.
April 1 -
GrooveCar Inc. has partnered with 40 more credit unions that can use its online auto-buying service.
April 1 -
BNC Bancorp in High Point, N.C., has delayed the closing of its acquisition of Southcoast Financial in Mount Pleasant, S.C., as the Federal Reserve has not completed its review of the deal.
March 31 -
Two former credit union employees were handed life-time prohibition orders from the National Credit Union Administration in March following their criminal convictions.
March 31 -
Three credit unions in separate states incorporated Fiservs DNA core accounting processing platform and integrated solutions during the last quarter of 2015, the financial technology company announced Wednesday.
March 31 -
Enterprise Bancorp in Lowell, Mass., has purchased the site of a former hotel that recently burned to the ground and plans to put a new branch there.
March 30 -
Fannie Mae has unveiled a mortgage for borrowers who want to finance energy and water efficiency improvements to their homes.
March 30
