Consumer banking
Consumer banking
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Cecil Bancorp in Elkton, Md., has been ordered by federal regulators to raise more capital or sell itself.
August 21 -
First Horizon National in Memphis, Tenn., is giving itself another two months to complete its purchase of TrustAtlantic Financial.
August 21 -
United Bancshares in Columbus Grove, Ohio, has resolved a looming hole in its lineup chief financial officer. Anthony Eramo will start Sept. 5 as CFO of the $629 million-asset company and its subsidiary, Union Bank Co.
August 21 -
Wells Fargo is touring music festivals, rodeos and other local events around the country with an Oculus Rift headset consumers can try on, part of a trend of banks using unconventional tactics to promote their brands.
August 21 -
Nothing touches off an argument more than questions about whether the CFPB will allow any marketing services agreements to continue. Some mortgage lenders say no and are winding down their agreements, others insist regulators can be satisfied, and still others are just plain confused.
August 21 -
The global loan platforms present an extreme example of the ongoing clash between the fast-moving financial technology sphere and the staid world of financial regulation.
August 21 -
As mobile wallets and other high-tech payment mechanisms proliferate, they bring with them more options for security. Companies are increasingly looking for ways to use devices' built-in cameras to urge consumers to take self-portraits for authentication.
August 21 -
First Business Financial Services in Madison, Wis., has named Michael Murphy its chief accounting officer.
August 21 -
A Jackson, Miss. city council member has floated a plan to have local police collect millions of dollars in overdue water bills.
August 21 -
Simmons First National in Pine Bluff, Ark., had a convenient "in" as it was looking to buy wealth management firm Ozark Trust and Investment Corp. in Springfield, Mo.
August 21 -
Prepaid cards appeal to a growing percentage of the population like millennials and other 21st century consumers who want to manage their money without being tied down to bank locations.
August 21 -
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 from our social media platforms.
August 21 -
MW Bancorp in Cincinnati is looking for a new chief financial officer.
August 21 -
WASHINGTON Two California companies allegedly sold pension advance loans that they claimed were not credit products but in fact charged usurious interest rates, according to a lawsuit brought Thursday by the Consumer Financial Protection Bureau and New York regulators.
August 20 -
Roughly 20 banks still have capital from the crisis-era program. Most are way behind on dividend payments and have limited options to raise capital to repay the Treasury Department.
August 20 -
DotLoop, the tech startup Zillow just bought, takes the headaches and duplication out of managing real estate documents up until the hardest part of the transaction, the mortgage. Expanding into mortgages is possible, but would be tricky.
August 20 -
Tech investors love fast-growing marketplace lenders like Social Finance, but Wall Street has taken a dimmer view of them. A huge equity fundraising round should allow SoFi to keep fueling rapid growth while remaining privately owned.
August 20 -
First Federal Savings and Loan Association of Lakewood in Ohio has agreed to acquire Belpre Savings Bank in Belbre, Ohio.
August 20 -
Blue Valley Ban Corp. in Overland Park, Kan., has named an executive from a large investor in the company to its board.
August 20 -
Poorly paid tellers get a boost from Amalgamated Bank; Nasdaq might be getting a female CEO; parent-friendly business trips as a new PE recruitment tool, and Fidelity's Kathleen Murphy on the benefits of mentoring. Plus, motorcycles, sushi chefs and Stephen Colbert.
August 20







