Consumer banking
Consumer banking
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City National Bank in Los Angeles has launched a national business to focus on the food and beverage industries.
September 29 -
Scottrade Financial Services, an online brokerage services company whose holdings include the $16 billion-asset Scottrade Bank, is working with an adviser to explore a sale, according to people familiar with the matter.
September 29 -
The traditional audience for prepaid cards is the underbanked or unbanked, many of whom are excluded from the mainstream financial services system due to their lacking credit histories. Green Dot is nevertheless pursuing this audience with a Platinum Visa secured credit card that requires an upfront cash deposit and carries a raft of fees.
September 29 -
The U.S. Supreme Court will take up a free-speech clash with big stakes for retailers and credit-card companies, agreeing to decide the fate of laws in 10 states that limit how merchants can describe the lower prices they charge for cash transactions.
September 29 -
Revere Bank in Laurel, Md., has raised $31 million in a subordinated debt offering that it plans to use for M&A and other purposes.
September 29 -
The Consumer Financial Protection Bureau's proposal not only requires lenders to determine a borrower's ability to repay, but also forces creditors to follow the bureau's approach to making that determination.
September 29 -
Mercantile Bank Corp. in Grand Rapids, Mich., announced several promotions that underscore a heightened focus on loan growth.
September 29 -
Granite Bank in Portsmouth, N.H., has acquired Cousins Home Lending.
September 29 -
As the Wells Fargo story has played out, pundits have been quick to blame "sales culture" for improper behavior, but that's like blaming automobiles for reckless drivers.
September 29 -
Riverview Bancorp in Vancouver, Wash., has agreed to buy certain assets and liabilities of MBank in Gresham, Ore.
September 29 -
It's time that financial institutions in America recognize the value that women can bring to the executive suite and boardroom.
September 29 -
Simple, the digital-only "neobank" owned by BBVA Compass, is testing out its second product, a contemporary twist on the traditional joint account.
September 29 -
A federal judge has silenced at least temporarily a whistleblower who brought charges of misconduct at the parent company of Bank of Internet USA in San Diego.
September 28 -
The $234 million-asset bank said in a recent press release that Thomas Duryea had succeeded its founder, Shirley Nelson.
September 28 -
Gary "Litefoot" Davis, a member of the Cherokee Nation in Oklahoma and a music and on-screen personality, was named executive director of the Native American Financial Services Association.
September 28 -
Kim Kaselionis saw a lot of small-business-loan applications die on her desk when she was a bank chief, so she started a crowdfunding firm to nurse along startups till they were bankable. That's where Fresno First comes in.
September 28 -
First Internet Bancorp in Fishers, Ind., has issued $25 million in subordinated debt and intends to use the proceeds to support its rapid growth and perhaps for future acquisitions.
September 28 -
USAA has expanded its voice-controlled digital assistant to PC users. The move is just another example of how banks are increasingly relying on bots to help serve their clients.
September 28 -
ST. LOUIS Risk management is critical as small banks aim to make money in a low-rate environment.
September 28 -
The Wells Fargo cross-selling controversy has raised questions about its well-telegraphed succession plan. Tim Sloan, the company's president, has been the heir apparent, but his longtime association with Wells could be a problem if investors or regulators push for an outsider to overhaul the corporate culture.
September 28



