Consumer banking
Consumer banking
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The Michigan company disclosed that an unnamed client made a large payment on a $6.5 million nonperforming loan.
August 9 -
The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions.
August 9 -
Ancora Advisors also suggested that the company get rid of its current management team.
August 9 -
Most ATM update projects fail for a variety of reasons, such as the amount of time and effort required was simply underestimated, competing priorities get in the way, a lack of resources, a reliance on manual testing processes and procedures, according to Paragon Application Systems' Steve Gilde.
August 9 -
The bank will buy First State Bank of Mobeetie.
August 9 -
The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding.
August 9 -
The company will pay $13 million for the parent of Western Bank of Wolf Point.
August 9 -
Issuers like Chase and Citi that added installment features to compete with digital lenders will need to think beyond traditional card options.
August 9 -
A new survey from PenFed found that 40% of adults said that personal finances or job stability was the No. 1 factor when thinking about purchasing a home.
August 8 -
Palmer Proctor, who took over at Ameris after it bought Fidelity Southern, where he was also CEO, says more deals would be a "distraction."
August 8 -
The South Dakota company discovered "inappropriate user access" to applications at Crestmark Bancorp, which it bought last year.
August 8 -
Regulatory sandboxes can create a lot of opportunity for the winners but inadvertently put losers at a competitive disadvantage.
August 8 -
Lawmakers and others faulted the agency's foot-dragging on approving licenses and funding requests for small-business investment companies, whose owners include banks.
August 7 -
New York and 10 other states are looking into whether companies in the fast-growing sector are violating payday lending laws.
August 7 -
Vice Chairman Randal Quarles’ public dissent raises questions about how the board will proceed on other policy debates.
August 7 -
The industry faces additional risks when members take out auto loans and then list their new vehicles on apps for others to rent.
August 7 -
Consolidation heated up in recent weeks after a tepid start this year. Here is an overview of noteworthy deals announced in June and July.
August 6 -
Lenders could struggle to reprice deposits fast enough to offset downward pressure from adjustable-rate loans and refinancing.
August 6 -
Melinda McClure and Richard Horn have joined the management team at Old Dominion Bank in northern Virginia after struggling to raise enough capital for their de novo effort.
August 6 -
Krista Morgan, the founder and CEO of P2Binvestor, discusses her firm's bank deals and the tech driving its platform.
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