Consumer banking
Consumer banking
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South Dakota Bancshares in Pierre, S.D., has agreed to buy First State Bank in Pierre.
February 22 -
Wisconsin lawmakers are reviewing a plan to send Milwaukee Countys debt to the states Department of Revenue for collection.
February 22 -
With the stakes so high for compliance officers, their rights and responsibilities should be clearly defined, including a safe harbor for those who play by the rules.
February 22 -
An estimated 6,200 accounts at Western Missouri Medical Center in Warrensburg, Mo. were inadvertently sent to a collection agency because of a computer glitch.
February 22 -
The terms "peer-to-peer" and "marketplace" lending are often used interchangeably to define all manner of loans made through the Internet. The reality, though, is that aside from lacking storefronts, the many firms now operating in this arena have little in common with one another. Here's a guide to help tell them apart.
February 22 -
Industry pundits have been predicting the demise of the branch since the dawn of online account access 20 years ago, but digital services haven't replaced branches. They have just increased the contact banks have with their customers. That's won't change anytime soon.
February 22 -
Bank of America will launch a 3% down payment home loan in partnership with Freddie Mac, but will not retain any risk if the loans default. Thats because B of A will immediately will sell the loans and servicing rights to Self-Help Federal Credit Union, a Durham, N.C., community development lender.
February 22 -
To Diebold Inc., the nations largest ATM maker, the ongoing shift to omnichannel commerce is as much a threat as it is an opportunity.
February 22 -
CCB Bankshares in South Hill, Va., has raised $3.5 million in a private placement of debt and will use some of the money to exit the Small Business Lending Fund.
February 19 -
Bridgewater Savings Bank in Raynham, Mass., said that its chief executive, James Lively, will retire on Dec. 5 and that Peter Dello Russo, its president and chief operating officer, will succeed him.
February 19 -
The NCUA's decision to expand member business lending has sparked a renewed effort by banks to press lawmakers to eliminate credit unions' tax-exempt status. The NCUA's board meeting also ended with awkward acrimony between two of its own members.
February 19 -
Shoppers who finance the purchase of cars, furniture and home improvements are protected under a decades-old federal regulation. Now consumer groups are urging the FTC to update its rule and consider offering the same protections to victims of home-mortgage or auto-leasing scams.
February 19 -
It may not quite live up to his Oscar-nominated role in "The Buddy Holly Story," but Gary Busey certainly made an impression on Jim Hughes in a new television ad for Unity Bank.
February 19 -
The Consumer Financial Protection Bureau acknowledges that gearing up for the Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosures has been tough, and it promises to consider that fact in exams.
February 19 -
CommunityOne Bancorp entered 2015 with hopes of buying banks and nonbanks. Shortly after whiffing on several deals, the North Carolina company ended up selling itself to Capital Bank Financial.
February 19 -
Not only does evidence point to small banks escaping interchange restrictions as Congress intended but there are also signs smaller institutions are gaining retail market share because of the exemption.
February 19 -
WASHINGTON Federal bank regulators unveiled an interim final rule Friday allowing highly rated community banks to qualify for a less-stringent 18-month examination cycle.
February 19 -
Malvern Bancorp in Paoli, Pa., has named Howard Kent chairman of the company and of the $727 million-asset Malvern Federal Savings Bank.
February 19






