Consumer banking
Consumer banking
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The first protection a consumer needs is the assurance that any new reforms will not inadvertently drive all regulated credit from the market.
March 23 -
Northwest Bancshares in Warren, Pa., has agreed to buy Best Insurance Agency, an employee benefits and property and casualty insurance firm in Butler, Pa.
March 23 -
Central Bancshares in Muscatine, Iowa, has agreed to buy Brimfield Bank in Brimfield, Ill.
March 22 -
The Consumer Financial Protection Bureau has implemented a new rule that broadens the ability of lenders in rural and underserved areas to originate qualified mortgages.
March 22 -
California Republic Bancorp, which has been aggressively originating and securitizing auto loans for years, is keen on revving up the engine to expand from a 10-state area to a national platform.
March 22 -
Military families and service members are submitting debt collection complaints at twice the rate of other consumers, the Consumer Financial Protection Bureau said Tuesday in a report.
March 22 -
Bakhshi, who takes over as CEO in June, brings with her a track record of innovation and a reputation for getting the most out of her teams.
March 22 -
The CFPB released an annual report Tuesday that revealed service members have been submitting debt collection complaints at nearly twice the rate of non-military consumers.
March 22 -
ChoiceOne Financial Services in Sparta, Mich., will begin work on remodeling its bank's headquarters in May.
March 22 -
The agency may finally be reaching resolution on whether Fannie Mae and Freddie Mac will allow principal reductions, two years into Director Mel Watt's tenure as agency director and nearly a decade after the mortgage bubble burst.
March 22 -
West Virginia Attorney General Patrick Morriseys office has reached a $19.7 million settlement with Cavalry Portfolio Services in a six-year-old case where the debt collection firm faced accusations of pursuing debts in West Virginia without a license to do so.
March 22 -
The Consumer Financial Protection Bureau faces a tough balancing act as it seeks to issue a proposal to rein in high-cost payday loans.
March 22 -
Todd Sherman, who with his brother Tyler Sherman co-founded mortgage software developer Motivity Solutions, has died.
March 22 -
The sheer volume of regulations adds time and expense to closings without much benefit when consumers main interest is to get funds as quickly as possible.
March 22 -
South State in Columbia, S.C., has promoted one of its executives to become chief executive of its bank.
March 22 -
The Federal Trade Commission cautioned the collection industry to avoid buying, selling or collecting any alleged payday loan debt portfolios serviced by AMG Services.
March 22 -
An activist investor is laying the groundwork for a potential proxy battle with Seacoast Banking Corp. of Florida in Stuart.
March 21 -
Ally Financial in Detroit reached a truce with Lion Point Capital, as it agreed to appoint an independent director in consultation with the activist investor.
March 21 -
The Supreme Court on Monday asked the executive branch for its views on a legal case that has sparked worry within the financial industry. That opinion is expected to have a big impact on whether the justices decide to hear Madden v. Midland Funding.
March 21 -
American Express cut chief executive officer Kenneth Chenault's pay 26 percent to the lowest level since 2008 after the credit-card lender's stock and profit slumped last year.
March 21



