Consumer banking
Consumer banking
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Industry representatives are howling about the lack of consumer benefit from the Durbin amendment, but we still know very little about the impact of the debit fee cap.
October 22 -
Sprint will pay $2.95 million in penalties to settle FTC charges that it failed to give proper notice to consumers who were placed in a program for customers with lower credit scores and charged an extra monthly fee.
October 22 -
More than 6.9 million U.S. residential properties were classified as seriously underwater at the end of the third quarter, a drop from the second quarter and from one year ago.
October 22 -
Furthering efforts to bring virtual currency mainstream, cryptocurrency companies and trade groups are teaming up to create a forum to aid law enforcement in weeding out criminal activity.
October 22 -
The Federal Deposit Insurance Corp. is set to vote Thursday morning on a proposal that would force big banks to bear the assessment burden of growing the agency's federal reserves to a new minimum.
October 22 -
Beneficial Bancorp in Philadelphia has agreed to buy Conestoga Bancorp in Chester Springs, Pa.
October 22 - Minnesota
Low interest rates continue to constrain growth at TCF Financial in Wayzata, Minn.
October 22 -
Skills Fund, which has raised $11.5 million in seed capital, is one of several lenders targeting students hoping to boost their salaries by quickly learning how to write computer code.
October 22 -
Third-quarter results have been decidedly mixed: while the largest banks have been knocked off balance by volatile markets, many regionals have charged forward.
October 22 -
WASHINGTON Credit risk is once again taking center stage with regulators after several years in which they warned banks about operational risk and other threats.
October 22 -
"We are reaching that point in the cycle where credit risk is moving to the forefront" of regulatory concerns, Comptroller Thomas Curry warned Wednesday.
October 21 -
Community & Southern Holdings in Atlanta used private equity to buy 14 banks over six years. The time had come to become a seller and give those investors an opportunity to eventually cash out.
October 21 -
Dime Community Bancshares in Brooklyn, N.Y., said that Kenneth Mahon will succeed Michael Devine as its president on Jan. 1.
October 21 -
The head of the Consumer Financial Protection Bureau warned software vendors that they face new scrutiny from regulators for causing mortgage lenders to miss the TRID-compliance deadline. He was vague about how far the CFPB might go, but many in the industry are prone to fear the worst.
October 21 -
Washington Federal in Seattle reported higher profit in its fiscal fourth quarter, citing a record level of commercial loan originations.
October 21 -
The Georgia company is ready to return to buying banks, but it isnt looking for a game changer. Rather, management wants to ease into consolidation by acquiring a smaller institution.
October 21 -
First Partners Bank in Birmingham, Ala., and Highlands Bancorp in Vernon, N.J., have both issued subordinated debt, as part of their plans to exit the Small Business Lending Fund program.
October 21 -
The ACLU filed a federal lawsuit Wednesday accusing Biloxi, Mississippi officials of jailing people if they did not pay their court fees and fines.
October 21 -
Both forecasts call for growth in home purchase volume over the next few years, but the decline in refinance originations will be so steep that overall origination volume will decrease.
October 21 -
Regal Bank in Livingston, N.J., isnt letting its privately held status deter it from pursuing acquisitions.
October 21





