Consumer banking
Consumer banking
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The Coalition for Safe Loan Alternatives intends to become a peer-to-peer forum for best practices among the alternatives to payday loans. The group will not advocate for policy changes. Rather, it aims to offer a platform for local organizations to share information and compare ways to offer low-cost access to credit.
March 29 -
A court ruling that struck down key sections of a Missouri law limiting the ability of cities to profit from court fines and traffic tickets will be appealed by Missouri Attorney General Chris Koster.
March 29 -
A recent meeting with the OCC is giving mutual thrifts hope that they can find a way to bring in more capital before the next recession. The OCC, while open to a solution, is keen to protect the rights of those institutions' deposit holders.
March 29 -
Robertson Banking Co. in Demopolis, Ala., has given its president, Gary Holemon, the additional title of chief executive.
March 29 -
The president and chief banking officer at Heritage Oaks Bancorp in Paso Robles, Calif., plans to leave the company next month.
March 29 -
HomeTrust Bancshares in Asheville, N.C., will name a the former North Carolina market president for Fifth Third Bancorp to its board, along with two other professionals.
March 29 -
Bankers are warming up to a program that aims to improve the credit profile of entrepreneurs while giving banks a new way to compete with online lenders.
March 29 -
Those criticizing the Consumer Financial Protection Bureau's governing structure object to the idea of a regulatory agency successfully protecting consumers and the public interest.
March 29 - Arkansas
With energy stocks enjoying the biggest rebound since the beginning of the oil rout, short sellers have shifted their sights to regional banks that do business with the industry.
March 29 -
Hancock Holding is warning of more pain in its energy portfolio as low prices continue to hamper oil and gas firms ability to repay their loans.
March 29 -
As online business lenders grow in number, size and prominence, a new trade group is being launched to represent their interests in Washington.
March 29 -
The U.K. bank's new business unit takes advantage of the massive amount of data it stores to offer a new array of products and services, including managing customers' digital identities.
March 28 -
Bay Banks of Virginia in Kilmarnock has increased the size of its fourth-quarter loss, after a commercial borrower pleaded guilty to creating false financial statements.
March 28 -
The subprime consumer lender currently rejects many of its personal loan applicants. It hopes to qualify more borrowers by offering cash to those who are willing to put their cars up as collateral.
March 28 -
Freedom Bank in Columbia Falls, Mont., has been released from a consent order that the FDIC and the Montana Division of Banking and Financial Institutions had implemented in December 2009.
March 28 -
First Sentry Bancshares in Huntington, W.Va., said it will pay $7.4 million in cash and stock to buy the $75 million-asset Rock Branch Community Bank in Nitro, W.Va.
March 28 -
ChoiceOne Financial Services in Sparta, Mich., has given its president, Kelly Potes, the job of chief executive, too.
March 28 -
A program recently started in New York helps entrepreneurs improve their business plans and cash flow before sending them to a bank. The nonprofit lender behind the program, meanwhile, hopes to boost small-business borrowers' credit scores and lower their rates.
March 28 -
Some of today's credit products and practices risk leaving consumers trapped in a cycle of debt.
March 28 -
The Urban Institute has released a report reviewing data from 118 million homeowners and 127 million renters to help understand how mortgages relate to other consumer debts.
March 28





