Consumer banking
Consumer banking
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One of the nation's largest non-profit colleges is facing an FTC investigation for allegedly deceptive marketing practices.
July 29 -
ATM operator Cardtronics and fuel retailer Sunoco have renewed their ATM services agreement, extending a 15-year relationship between the two companies.
July 29 -
UMB Financial in Kansas City, Mo., saw second-quarter profit decline as lower revenue from its Scout Investments subsidiary reduced fee income.
July 29 -
While rising rates may temporarily improve net interest margin and profits, they will not increase bank stock prices for at least three reasons.
July 29 -
TransUnion Corp. reported its second-quarter revenue increased 16% in the company's first quarterly financial report since its initial public offering.
July 29 -
Trustmark in Jackson, Miss., reported a dip in second-quarter earnings on shrinking profit margins and declining yields on earning assets.
July 29 -
West Virginia Attorney General Patrick Morrisey is looking into hiring a lawyer licensed in California to collect a $13.8 million judgment against loan company CashCall Mortgage.
July 29 -
MasterCard Inc., the second-largest payments network, said profit fell 1.1 percent as expenses rose and a strengthening U.S. dollar hurt earnings overseas. Shares declined in early trading.
July 29 -
Regulators have given the merger between CIT Group and OneWest Bank the green light so long as CIT comes up with a revised Community Reinvestment Act plan. This condition is good news for the low-income communities impacted by the merger and sets a strong precedent for regulators' review of future bank deals.
July 29 -
The Federal Housing Finance Agency is still not producing enough adequately-trained examiners necessary to monitor Fannie Mae and Freddie Mac, according to an inspector general report.
July 29 -
The Special Inspector General for the Troubled Asset Relief Program is renewing calls for further investigation of servicers it claims may be denying too many Home Affordable Modification Program applications.
July 29 -
The House Financial Services Committee tackled several key bills including ones targeting Operation Choke Point, executive compensation at Fannie Mae and Freddie Mac, small banks' exam cycle, and changes or delays to several actions by the Consumer Financial Protection Bureau.
July 28 -
Bank of America and Goldman Sachs have promised the Obama administration to invest in, and provide other support for, efforts to fight climate change.
July 28 -
ASB Bancorp in Asheville, N.C., is facing a potential proxy fight from New Jersey activist investor Lawrence Seidman.
July 28 -
Equity Bancshares in Wichita, Kan., has agreed to buy First Independence in Independence, Kan. The companies expect the deal to close in the fourth quarter, after approval from regulators and from First Independence's shareholders.
July 28 -
Southern States Bancshares in Anniston, Ala., has agreed to buy Columbus Community Bank in Georgia for $21.4 million.
July 28 -
The auto lender, which has been operating under tight regulatory restrictions since its bailout during the financial crisis, will now be allowed to use its federally insured deposit base to fund more of its loan portfolio.
July 28 -
USAA's newest app, Savings Coach, analyzes financial data to recommend small amounts of money to save and invites members to take savings challenges, then moves the money upon the member's approval. The app comes at a time when millennials have a negative savings rate.
July 28 -
The Consumer Financial Protection Bureau on Tuesday charged Paymap Inc. and LoanCare LLC with deceiving consumers.
July 28 -
The Consumer Financial Protection Bureau is charging two companies affiliated with Western Union and Fidelity National Financial more than $38 million in total charges for allegedly steering consumers into a mortgage payment program that cost them millions of dollars in fees.
July 28




