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Deposits topped $100 billion during the quarter while profits climbed 34% thanks to higher loan yields and lower taxes.
October 25 -
Popular's 16% gain in deposits and a recent acquisition bode well for its future even though there has been a major net loss of residents since Hurricane Maria.
October 24 -
The 15 credit unions ranged in assets from institutions with $17 million to one with more than $280 million.
October 23 -
The $22.9 billion-asset TCF also highlighted improvements in credit quality in the third quarter as it continued to exit the auto finance business.
October 22 -
The bureau says it lacks explicit authority to conduct routine supervision of lenders’ compliance with service member protections, but the decision has sparked pushback from the Defense Department and groups representing military personnel.
October 11 -
Credit unions in the Great Lakes State continued to add members in Q2 while a variety of loan types saw double-digit growth.
October 9 -
By using the app, which will go live Monday in a pilot program, customers can point their phone at a vehicle and get an augmented reality overlay that provides all its critical info: the make, model and year of the car, as well as its price range and other information.
September 27 -
The subprime auto lender Prestige Financial Services used machine learning to make more effective lending decisions than its former model.
September 27 -
By using the app, which will go live Monday in a pilot program, customers can point their phone at a vehicle and get an augmented reality overlay that provides all its critical info: the make, model and year of the car, as well as its price range and other information.
September 24 -
Already tasked with fixing Wells Fargo's scandal-plagued retail bank, Mary Mack has added a second big job: running a consumer lending operation that is dealing with reputational issues of its own.
September 23