Consumer banking
Consumer banking
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Bryan Sullivan, the CFO at LoanDepot, talks about its growth prospects without fuel from an initial public offering, how getting consumers to opt for home equity lines of credit is tough, and why he considers the nonbank a disruptor.
November 24 -
Hanmi wants to make sure that, when the dust settles, it is part of the nation's biggest Korean-American bank. The move also shows how difficult it will be for ethnic banks to gain meaningful scale while sticking to their niche groups.
November 24 -
First Financial Northwest in Renton, Wash., has filed for permission to adopt a commercial bank charter.
November 24 -
Quicken Loans, the company that showed a mortgage business can operate successfully without face-to-face interaction with borrowers, is now giving customers the option to work without human loan officers.
November 24 -
Huron Valley State Bank in Milford, Mich., plans to raise as much as $5 million to grow its two-branch business.
November 24 -
Two online lenders associated with Indian tribes have won the dismissal of a lawsuit that alleged the companies were operating in violation of Maryland law.
November 24 -
On the first day Citizens Financial started financing iPhones it made more new loans than any bank ever did on one day, the head of the companys consumer lending said.
November 24 -
Two Ohio auto dealers agreed Tuesday to settle Federal Trade Commission charges that they tricked consumers with advertisements touting low monthly care lease payments while not disclosing important terms of the offers - including credit score requirements.
November 24 -
A TransUnion analysis has found that credit card loyalty remains intact despite enticing offers and higher spend during the holiday shopping season.
November 24 -
The head of the Independent Community Bankers of America fires a legal warning at NCUA and says relations between the two industries has never been more strained.
November 24 -
BNH Financial in Laconia, N.H., has agreed to buy Community Guaranty in Plymouth, N.H.
November 24 -
Blue Ridge Bankshares in Luray, Va., has issued $10 million in subordinated debt and plans to exit the Small Business Lending Fund.
November 24 -
U.S. bank earnings increased 5% in the third quarter from a year earlier to $40.4 billion as a few large banks recorded lower litigation expenses, the Federal Deposit Insurance Corp. said Tuesday.
November 24 -
The Consumer Financial Protection Bureau has updated its regulatory agenda and now expects pre-rule activities for debt collection to last through February 2016.
November 24 -
Bank of the James Financial Group in Lynchburg, Va., is planning to raise about $11.5 million through a private placement.
November 24 -
The rapid growth of competition from nonbanks has the potential to hit community banks harder than the mortgage meltdown.
November 24 -
MainSource Financial Group in Greensburg, Ind., has agreed to buy Cheviot Financial in Cincinnati.
November 24 - Louisiana
A federal judge who dismissed a case against two high-cost lenders suggested the outcome was unfortunate, but said her hands were tied by the law.
November 24 -
Entegra Financial in Franklin, N.C., has agreed to buy Oldtown Bank in Waynesville, N.C.
November 24 -
First Farmers and Merchants in Columbia, Tenn., plans to buy out some of its shareholders and deregister as a publicly traded company.
November 23




