Consumer banking
Consumer banking
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PacWest Bancorp, the parent of Pacific Western Bank in Los Angeles, reported earnings of $85.1 million in the second quarter, up 16% from the prior quarter.
July 15 -
Peoples Bancorp in Ohio wants to encourage cross-selling but limits the use of employee incentive payments to make it happen. Instead, Peoples is trying to build a corporate culture in which employees understand all of its products and want to help their colleagues sell them.
July 15 -
Federal Housing Administration endorsements continue to rise following the 50-basis point cut in January.
July 15 -
Santander Consumer USA Holdings named Blythe Masters nonexecutive chairman, replacing the executive who quit the post less than two weeks ago and a week after the subprime auto lender's parent company was hit with a regulatory order.
July 15 -
ZestFinance in Los Angeles has introduced a loan product for subprime borrowers whose credit scores nearly qualify as prime.
July 15 -
BancFirst in Oklahoma City has agreed to buy CSB Bancshares in Yukon, Okla.
July 15 -
Officials in Maury County, Tenn. will begin working with collection agency Pioneer Credit Recovery to recover an estimated $10 million in debts owed to the county.
July 15 -
Three Democratic members of Congress called on the Department of Housing and Urban Development to reissue the proposal for public comment with changes.
July 15 -
U.S. Bancorp posted profit that matched analysts' estimates as expenses declined and commercial lending accelerated.
July 15 -
ZestFinance in Los Angeles has introduced a loan product for subprime borrowers whose credit scores nearly qualify as prime.
July 15 -
Bank of America said second-quarter profit more than doubled as the mortgage business rebounded and expenses fell to the lowest since 2008.
July 15 -
BCB Bancorp has sold $2.4 million of preferred stock in a private placement.
July 14 -
The onetime track star was a fixture at the Mortgage Bankers Association for nearly 20 years and a familiar face at industry conferences.
July 14 -
WASHINGTON The House passed a bill Tuesday that could ease the regulatory burden on community and regional banks with mortgage servicing businesses.
July 14 -
American Honda Finance Corp. has agreed to pay $24 million to consumers and lower the dealer price caps to settle federal charges that minorities received higher-cost auto loans than white borrowers.
July 14 -
Meta Financial Group in Sioux Falls, S.D., agreed to sell $3.1 million of common stock to a group of existing investors and reached a separate agreement to issue prepaid cards for a business partner.
July 14 -
Banks better get ready for a quick, steep increase in deposit costs after the Fed raises rates. Technology, new regulations and other factors have changed the slower-paced retail-banking game of old, JPMorgan Chase executives say.
July 14 -
Pave, a marketplace lender, has partnered with Cross River Bank of Teaneck, N.J., to help it expand its online, short-term loan product nationwide.
July 14 - Missouri
Commerce Bancshares in Kansas City, Mo., reported higher second-quarter profit, citing the appreciation of inflation-protected securities and higher loan interest.
July 14 -
Florida Attorney General Pam Bondi is warning consumers about an increase in robocall complaints and, apparently, scams.
July 14




