Consumer banking
Consumer banking
-
West Shore Bank Corp. in Ludington, Mich., has agreed to buy West Michigan Bank & Trust in Frankfort.
April 14 -
Airbnb, the company that disrupted the hospitality industry as Uber did to taxis, is sidling up to the fintech space.
April 14 -
An Arkansas woman is alleging in a lawsuit that debt buyer PRA Group froze her bank account to try to collect $43,200 in interest on a $6,000 judgment that was less than two months old.
April 14 -
DBA International has elected Todd Lansky as president of the association's board of directors. He replaces Patricia Baxter, who has been a board member since 2013 before resigning this week.
April 14 -
FHFA Director Mel Watt acknowledged that the principal reduction program may seem "too small and too late."
April 14 -
Young college graduates, including those who are still paying off student loans, are more likely to buy a home than their peers who did not go to college, according to a report from Navient and Ipsos.
April 14 -
PacWest Bancorp in Los Angeles reported higher quarterly profit led by its acquisition of Square 1 Financial in Durham, N.C.
April 14 -
The hardest part of converting a thrift is establishing a "culture of high performance" and shareholder accountability, says Andrew Samuel, CEO at Sunshine Bancorp, in Plant City, Fla. Sunshine converted to a stock-owned company in July 2014.
April 14 -
Rather than rush its proposal to regulate short-term lenders, the Consumer Financial Protection Bureau should carefully weigh the consequences of potentially driving lenders out of the market.
April 14 -
Profits soared at First Republic Bank in San Francisco thanks to lending growth in several categories and its expansion in wealth management.
April 14 -
A month after introducing the Express Business Loan for its customers, Eastern Bank in Boston says it is in talks with several banks across the U.S. to license the product.
April 14 -
To get more Americans into the financial system, the industry must find ways to help more people get access to the Internet.
April 14 -
Wells Fargo, Wall Street's top oil and gas banker, said first-quarter profit fell 5.9 percent as the firm set aside more money for soured energy loans and expenses increased.
April 14 - Pennsylvania
Weakness in the energy sector is weighing on PNC Financial Services Group's profits. The Pittsburgh company said early Thursday that it earned $943 million in the first quarter, a nearly 6% decline from the same period last year.
April 14 -
The public spat between Green Dot and one of its largest shareholders is escalating even as the shareholder raises its stake in the prepaid card company.
April 13 -
ALBUQUERQUE, N.M. The Credit Union Call Center Conference and Strategic Contact Inc., a consulting firm that focus on contact center technology and operations, announced a formal partnership to conduct a survey to measure the efficiency and effectiveness of CU call centers.
April 13 -
Suddenly, online lenders are struggling, or paying higher prices, to attract the institutional money that has fueled their rapid rise.
April 13 -
Banks are starting to use Facebook Messenger as a way to connect with customers. For now, such interactions will be limited and largely based on artificial intelligence. Down the road, the move could place Facebook deeper into the lives of its customers and could give it an entrée into financial services.
April 13 -
Mutual of Omaha Bank and an affiliate of PlainsCapital Bank in Dallas have partnered to sell residential mortgages.
April 13 -
To date, only a handful of banks have become benefit corporations, but experts believe the number could rise as regulators become more comfortable with the concept.
April 13




