Consumer banking
Consumer banking
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The Federal Deposit Insurance Corp. recently held meetings with state regulators in which agency officials emphasized that they are open to new applicants, responding to criticism that the standards for granting deposit insurance have been too high.
October 26 -
Bank of Hawaii in Honolulu reported lower third-quarter earnings on a charge from the disposal of aircraft leases.
October 26 -
CIC Bancshares sale to Heartland Financial reflect a good cultural fit between the companies, but it also shows how the sellers management team struggled to find a suitable way to provide shareholders with liquidity.
October 26 -
HomeTrust Bancshares in Asheville, N.C., has agreed to pay an additional $484,000 to complete its July 2013 acquisition of BankGreenville Financial.
October 26 -
The operators of an advance fee recovery scheme that falsely claimed it could recover money that consumers had lost to telemarketing scams will be banned from selling recovery services, and from telemarketing, under a court order issued at the FTC's request.
October 26 -
Washington Attorney General Bob Ferguson on Monday announced a $63,000 resolution of an investigation into alleged unfair debt collection practices and deceptive advertising by retailer Freedom Stores Inc.
October 26 -
Recent industrys analysis of the credit market is too good to be believed or sustained, which should raise red flags for everyone.
October 26 -
From mobile wallets to machine learning, from biometrics to Bitcoin, many examples of what the industry calls "emerging technology" have finally emerged. But change is happening slowly, as is usual in the complex financial services space.
October 26 -
USAA told customers it's dropping its partnership with MasterCard in favor of Visa.
October 25 -
SunTrust has removed a clause from its severance agreement that laid-off employees claimed would have put them on call for two years to answer questions without compensation. Loss of institutional knowledge may be the cost of offshoring.
October 23 -
First National Bancorp in Green Forest, Ark., has agreed to buy Twin Lakes Community Bank in Flippin, Ark.
October 23 -
State Bank Financial in Atlanta has acquired Patriot Capital, a provider of equipment financing to gas stations and commercial petroleum users.
October 23 -
Consumer Financial Protection Bureau Director Richard Cordray issued a public rebuke of RushCard on Friday, warning that it must rapidly fix technical glitches that have left customers locked out of their accounts.
October 23 -
Community organizations and the banking industry are advancing dueling visions for how to reach the unbanked, with community groups asking regulators to strengthen existing rules while community banks want to lighten their regulatory burden so they can extend their services.
October 23 -
The third quarter showed the kind of solid results Citizens Financial hopes to achieve as a public company split off from Royal Bank of Scotland, but much work remains for Chief Executive Bruce Van Saun. He spoke with American Banker about what went right this quarter and how he's working to change the company's culture.
October 23 -
Prosperity has built itself into one of Texas' largest banks over the past decade and now it's beginning to reap the benefits that come with scale.
October 23 -
Astoria Financial, a New York City- area thrift under pressure from activist investor Basswood Capital Management to boost the share price, is exploring a sale, according to people familiar with the matter.
October 23 -
Xpress Money is offering up its own slate of self-service kiosks, the 16-year-old global money transfer has announced.
October 23 -
The degree of success Starling Bank achieves could foreshadow how similar digital banking entrants in the United States might perform given a narrower product selection, a commitment to mobile, and a focus on collecting and analyzing data.
October 23 -
Old National is taking advantage of low interest rates by buying more than a dozen branches in solid real estate markets. An expected accounting rule change could encourage more banks to do the same.
October 23



