Consumer banking
Consumer banking
-
Glen Burnie Bancorp in Maryland has hired an executive from Patapsco Bank to be its new chief financial officer.
June 23 -
ChoiceOne Financial Services in Sparta, Mich., has tapped a new president as it splits the role from chief executive.
June 23 -
HSBC has named a JPMorgan Chase executive the head of its retail banking and wealth management divisions in the U.S., as the British company overhauls its global business.
June 23 -
Companies offering loan assistance and credit improvement services, and their owner, agreed Monday to settle charges brought by regulators in Maryland.
June 23 -
Congress should avoid becoming so focused on the problems with big banks that they overlook the community lenders suffering from a lack of regulatory relief.
June 23 -
The powerful Consumer Financial Protection Bureau is helping to reshape mortgage and payday lending, but its attempts to curb abuses in auto lending have been largely stymied by the clout of car dealers and the fragmented nature of auto finance.
June 23 -
WASHINGTON A House Financial Services subcommittee will hold a hearing Thursday on employee allegations of discrimination and retaliation at the Consumer Financial Protection Bureau.
June 23 -
PBB Bancorp in Los Angeles has agreed to buy First Mountain Bank in Big Bear Lake, Calif., for about $13.4 million in cash and stock.
June 23 -
The Consumer Financial Protection Bureau released letters Monday asking major search engines Google, Yahoo and Bing to work with state and federal regulators to crack down on scammers targeting student loan debtors.
June 23 -
Shares in Green Dot surged more than 30% late Monday after the firm announced the five-year renewal of a prepaid card contract with Walmart, as well as new plans for a share-buyback program.
June 22 -
The Dodd-Frank Act called on regulators to develop ways to assess diversity practices in the financial sector, but the guidelines are getting panned by critics who say they do not go far enough.
June 22 -
Glacier Bancorp in Kalispell, Mont., has named a CIT Bank executive as the likely successor to Chief Executive Mick Blodnick.
June 22 -
Live Oak Bancshares in Wilmington, N.C., has filed registration documents for an initial public offering, with plans to raise up to $86.3 million.
June 22 -
ACNB in Gettysburg, Pa., has promoted James Helt to president of its bank unit.
June 22 -
A House Financial Services subcommittee will hold a hearing Thursday on employee allegations of discrimination and retaliation at the Consumer Financial Protection Bureau.
June 22 -
Community banks get almost half of their service charges from overdraft fees. That could become problematic as regulators continue to look into the issue.
June 22 -
Dickinson Financial in Kansas City, Mo., has consolidated several of its banks charters to cut costs and improve marketing to military members.
June 22 -
CoBiz Financial in Denver plans to issue up subordinated debt to redeem its shares in the Small Business Lending Fund.
June 22 -
The regulatory path may also be bumpier for P-to-P lenders that focus on subprime borrowers, predicts Raj Date, a former second-in-command at the Consumer Financial Protection Bureau.
June 22 -
Royal Financial in Chicago has agreed to sell $29.1 million in distressed assets, a deal mandated by a bankruptcy judge as part of the company's acquisition of PNA Bank.
June 22



