Consumer banking
Consumer banking
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Credit One Bank in Las Vegas, Nev., a credit card specialist, plans to almost double its workforce over several years to support business growth.
December 16 -
To act like a startup as many banks say they want to do institutions must employ a nontechnical strategy: build services based on customers say they want.
December 16 -
Wells Fargo continues to sustain damage from consumers who were put off by the company's phony account scandal.
December 16 -
A federal judge heard arguments from ICBA and NCUA on whether to dismiss the banking group's legal challenge to the credit union regulator's changes to the member business lending rule. A decision on the dismissal could come as early as January.
December 16 -
Old Second Bancorp in Aurora, Ill., raised $45 million from a debt sale.
December 16 -
Pacific Metro Bank would cater to Chinese-Americans around Atlanta. The application process is worth watching since the group is seeking the first Georgia charter in seven years and would be based in a market where more than 90 banks have failed since 2007.
December 16 -
Borrowers served by the FHA program, particularly first-time buyers and minorities, have benefited from nonbanks' increase in lending. Those independent lenders should be commended for filling a gap.
December 16 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
December 16 -
The $14.3 billion-asset company said in a press release Thursday that it will sell about 4.3 million shares of common stock.
December 15 -
Bankers got what they asked for when the Federal Open Market Committee raised the federal funds rate by 25 basis points this week, but some banks could face near-term pain as securities portfolios lose value and certain hedging strategies backfire. Moreover, the rate hike won't have a meaningful impact on net interest margins until loan demand picks up.
December 15 -
It is time for financial services to rethink retirement savings given changing work habits, customers' expectations of technology and the need for better transparency in 401(k)s.
December 15 -
Colony Bankcorp in Fitzgerald, Ga., has bought back more of its former Troubled Asset Relief Program shares held by private investors.
December 15 -
Ed Francis, a former executive at Hancock Holding, is seeking to buy an existing bank rather than pursue a new charter. He explains why he is prefers a complex bankruptcy process over applying to form a new bank.
December 15 -
First Internet Bancorp in Fishers, Ind., disclosed in a regulatory filing that it is looking to raise $25 million capital through a stock offering.
December 15 -
It is not a clear-cut statement to say Fannie Mae and Freddie Mac need more capital, and it detracts from the real debate over long-term housing finance reform.
December 15 -
A prominent activist investor has pared back its stake in three banks.
December 15 -
The National Credit Union Administration rule expanding member business lending introduces new risks and lacks legal basis.
December 15 -
Bay Commercial Bank in Walnut Creek, Calif., has agreed to buy First ULB in Oakland, Calif.
December 15 -
PCSB Bank in Yorktown Heights, N.Y., is planning to convert to stock ownership, ending 145 years as a depositor-owned mutual.
December 15 -
The tech firm behind USAA's digital assistant has introduced an authentication tool that identifies customers by the sound of their voice or by their facial features.
December 14






