Consumer banking
Consumer banking
-
The Bancorp in Wilmington, Del., has agreed to sell most of its health-savings account portfolio to HealthEquity in Draper, Utah.
October 23 -
Anchor Bancorp in Lacey, Wash., could eventually sell itself after reaching a truce with an activist investor.
October 23 -
Level One Bancorp in Farmington Hills, Mich., has agreed to buy Bank of Michigan in Farmington Hills. Level One said it will pay $17 a share in cash for the $110 million-asset Bank of Michigan. The deal is expected to close in the first quarter.
October 23 -
Heartland Financial USA is Dubuque, Iowa, has agreed to buy CIC Bancshares in Denver.
October 23 -
With the EMV liability shift having just passed, banks and merchants alike are scrambling to comply with the card network-imposed deadline.
October 23 -
Hancock Holding in Gulfport, Miss., reported a lower third-quarter profit, citing a decline in net interest income and higher expenses.
October 23 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
October 23 -
City National in Los Angeles reported a 3% increase in third-quarter profit, driven by double-digit loan growth.
October 22 -
Iberiabank in Lafayette, La., reported higher third-quarter earnings on loan growth and because of an acquisition.
October 22 -
Capital One Financial in McLean, Va., rode growth in its flagship U.S. credit card business to stronger third-quarter earnings.
October 22 -
An early start, group meetings, one-on-one meetings, lunch in front of a computer screen, a ribbon-cutting for a new branch, it's all in a day's work for LeeAnne Linderman, the executive vice president of retail banking for Zions Bancorp and one of our Women to Watch. But the indefatigable Linderman still makes time for the United Way, the American Heart Association and her husband. "A Day in the Life" was our theme for the Most Powerful Women in Banking program this year.
October 22 -
How do you assemble and lead a great team? Get a peek at a day in the life of Susan Skerritt, Deutsche Bank's head of global transaction banking for the Americas, and listen in as she shares some of her leadership and management strategies. Skerritt was on our Women to Watch list for 2015 and 2014.
October 22 -
Auto-lending profits helped make the quarter for Huntington Bancshares and TCF Financial, but their CEOs ended up on the hot seat, as they reported results a day after the U.S. comptroller of the currency issued another warning about declining credit quality in the market.
October 22 -
Great news: Women snagged a handful of C-level titles at big companies this week, including Ellen Alemany, Kim Hammonds and Heather Cox, and Square stands out in Silicon Valley with a leadership team that's 60% women. Bad news: the gender pay gap is growing and there are only two women among Harvard's picks for the top 100 CEOs globally. Also in the news: Blackrock's Cheryl Mills, B of A's Cathy Bessant and ICICI's Chanda Kochhar.
October 22 -
The widespread adoption of online and mobile banking has largely happened at a time when rates have been near zero. At some point, rates will rise and the value of the experience will be pitted against the value of a yield for depositors. Rate-hoppers will be able to move at an unprecedented speed.
October 22 -
Ameriana Bancorp in New Castle, Ind., has agreed to sell its Ameriana Insurance Agency to Pfenninger, Claxton and Estelle Insurance Group for nearly $2 million.
October 22 -
The decision to terminate a shared-loss agreement with the Federal Deposit Insurance Corp. boosted third-quarter profits at East West Bancorp in Pasadena, Calif.
October 22 -
Texas Capital Bancshares in Dallas reported just a modest uptick in third-quarter profits as higher compensation costs and deposit insurance assessments largely offset strong loan growth.
October 22 -
F.N.B. Corp. in Pittsburgh reported higher third-quarter profit, citing growth in commercial loans and leases and consumer loans.
October 22 -
Mortgage servicer Ocwen Financial failed four servicing tests in the second half of 2014. Joseph A. Smith Jr., the monitor of the $25 billion national mortgage settlement, said the Atlanta servicer was beginning to show progress in complying with terms of the 2012 agreement.
October 22







