Consumer banking
Consumer banking
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The $8.2 billion-asset company said in a press release that it will move westward with an agreement to buy the $2.5 billion-asset Southwest Bancorp in Stillwater, Okla., for $564 million.
December 14 -
The $1.3 billion-asset Veritex said in a press release Wednesday that it will pay $162 million for the $1.1 billion-asset Sovereign.
December 14 -
The industry finally sees a bit of an opening in its effort to roll back the 2010 law that capped fees on debit card transactions. But opposition from the retail sector will be fierce.
December 14 -
Call it the banking equivalent of a farmers market in Brooklyn: A startup is building a platform to highlight mission-driven banks for prospective customers who want to know how their money is lent.
December 14 -
The surge in mortgage rates since the November election is expected to offset the increase to lenders' short-term funding costs following the Federal Open Markets Committee's 25-basis-point increase to the federal funds rate.
December 14 -
Bank of America's forthcoming mobile app update will include personal financial management features.
December 14 -
Pacific Premier in California has been firing on all cylinders when it comes to lending, but it needed low-cost deposits. Buying Heritage Oaks Bancorp will do just that.
December 14 -
Pretty rare, it turns out: Less than a third of executives surveyed by SourceMedia Research said their institutions set formal cross-selling targets for staff. And of those with cross-sale incentive programs, nearly half are reconsidering.
December 14 -
Renasant in Tupelo, Miss., is the latest bank in the Deep South to announced a large stock offering.
December 14 -
The mortgage interest deduction has been a pillar of U.S. housing policy for more than a century, but Congress appears ready to consider significant changes to it that some industry players worry could effectively render it moot.
December 14 -
F.N.B. Corp. in Pittsburgh has hired an executive to lead its new Charlotte, N.C., office after it completes its deal for Yadkin Financial.
December 14 -
BlueVine, an online small business lender based in Redwood City, Calif., said Wednesday that it has closed a $49 million funding round.
December 14 -
A legislative proposal would expand Fannie Mae and Freddie Mac's use of specially-created debt securities to share their risk with private investors, but such risk transfer deals are not a replacement for core capital.
December 14 -
Banks should embrace artificial intelligence so that they can more easily navigate policy shifts that will affect their compliance resources and processes.
December 14 -
Bank of America's forthcoming mobile app update will include personal financial management features.
December 13 -
Southern National Bancorp of Virginia in McLean has agreed to buy Eastern Virginia Bankshares in Glen Allen for $178.3 million.
December 13 -
Flushing Financial in Uniondale, N.Y., has raised $75 million by selling subordinated notes.
December 13 -
ConnectOne Bancorp in Englewood Cliffs, N.J., is looking to raise at least $35 million through a stock offering.
December 13 -
Ralph Hamers, CEO of ING Group in Amsterdam, sat down with American Banker to talk about the company's future in the U.S., plans to grow mobile users and banks' relationship with fintech.
December 13 -
As online shopping and card fraud increase, startups offering easy-to-use "burner" cards could see strong traction.
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