Consumer banking
Consumer banking
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Millennium Bank is said to have been the target of an enforcement action related to its work with the pot industry. The episode shows why many banks remain reluctant to serve the fast-growing cannabis industry.
July 13 -
In 1999, the OCC issued a charter to the internet bank AeroBank, but the startup's efforts to raise capital were thwarted when dot-com-boom money went chasing shinier options. Nonetheless, the banks experiences resonate with fintech banks trying to obtain a national charter today.
July 13 -
Jack Kuntz, president and chief executive at American Savings Bank in Portsmouth, Ohio, recently put his personal cell phone number on a billboard off Interstate 71 in Cincinnati as part of an advertising campaign for his $260 million-asset institution.
July 13 -
The $31 billion-asset company said in a press release that Marty Grunst will also join its executive leadership team on Aug. 1.
July 13 -
Social media may be the soup de jour of bank marketing, but its value as a business acquisition tool may be greatly exaggerated unless banks fine-tune their strategies.
July 13 -
The rules, meant to deter crimes like money laundering, offer banks and others a rare chance to gather valuable information that helps create personalized experiences millennials want.
July 13 -
OceanFirst Financial in Toms River, N.J., has agreed to buy Ocean Shore Holding in Ocean City, N.J.
July 13 -
Online marketplace lenders found themselves in the congressional crosshairs Tuesday just as some lawmakers are attempting to provide the industry with sought-after reforms.
July 12 -
Horizon Bancorp in Michigan City, Ind., has agreed to buy CNB Bancorp in Attica, Ind.
July 12 -
Despite recent controversy over Tesla crashes, the march toward autonomous driving technology continues. And that means big changes for auto lenders.
July 12 -
The $25 billion-asset company said in a press release Tuesday that BankUnited Small Business Finance is now making loans in Ohio, Washington and Wisconsin.
July 12 -
A couple of years ago, the activist investor Joseph Stilwell said Anchor Bancorp in Lacey, Wash., deserved more time to try to right itself. Apparently he thinks that time is up.
July 12 -
Banks with a special focus, such as social equality or environmental sustainability, have to overcome additional hurdles while looking for an acquisition.
July 12 -
The director of innovation at ATB Financial explains why his bank became one of the first to send cross-border payments on the Ripple network, and whether this could be a plausible alternative to Swift.
July 12 -
The leading Democrat on the Senate Banking Committee said Tuesday he was "optimistic" about lawmakers' making changes to improve the Dodd-Frank Act next year, while lauding JPMorgan Chase's decision to raise its minimum wage from $10.15 an hour to $12.
July 12 -
Attempting to impose the fundamental laws of a particular lending universe on another will lead to an eventual collapse of a particular firm or industry segment.
July 12 -
BancAlliance, a consortium of more than 200 community banks, is partnering with the digital wealth management firm Personal Capital.
July 12 -
Nearly half of U.S. consumers say they have been hit by credit card fraud within the last five years, and those breaches are becoming more commonplace, according to a survey released Tuesday.
July 12 - Texas
Santander Consumer Holdings in Dallas on Tuesday appointed William Rainer chairman, and it announced that Blythe Masters has resigned to advise Banco Santander its Spanish parent company on the blockchain.
July 12 -
Synovus Financial in Columbus, Ga., has plucked its next chief financial officer from in-state rival SunTrust Banks.
July 11





