Consumer banking
Consumer banking
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Rita Lowman, chief operating officer at C1 Financial in St. Petersburg, Fla., has been named chairwoman-elect of the Florida Bankers Association.
June 12 -
Emclaire Financial in Emlenton, Pa., has raised $8 million in a private placement of its common stock.
June 12 -
"Wells Fargo" is suddenly the name that shall not be spoken for the Philadelphia 76ers.
June 12 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the pitfalls of using alternative data to score "credit invisibles" and whether Benjamin Lawsky's successor should play nice with big banks.
June 12 -
Riverview Bancorp in Vancouver, Wash., is in talks with an activist investor about a board seat.
June 12 -
Almost two-dozen banks in New York City do not appear to offer or widely advertise basic checking accounts, although state law requires it, the New York City Comptroller said Friday.
June 12 -
Worth Carter is reluctant to talk to investors and media. He is tight-fisted with costs and is willing to hold off making loans. His namesake bank doesn't offer online banking. But the institution is riding a hot streak of profitability that would make other banks jealous.
June 12 -
Community West Bancshares in Goleta, Calif., said that a litigation settlement concerning its sale of residential-mortgage loans will reduce its second-quarter profit.
June 12 -
A watchdog group is proposing a ballot measure that would impose a cap on interest rates charged by the lenders.
June 12 -
Highlands Bancorp in Vernon, N.J., has acquired LCD Mortgage, a residential mortgage originator in Totowa, N.J.
June 12 -
Private mortgage insurers see deeper coverage of GSE loans as a way to expand business, while lenders hope it could lead to a reduction to guarantee fees.
June 12 -
A city of Los Angeles lawsuit accusing Wells Fargo & Co. of opening bank accounts without customers' permission in order to reach sales quotas should be heard in federal court, according to the bank.
June 12 -
People's Utah Bancorp in American Fork has filed for a $36.3 million initial public offering. The $1.4 billion-asset holding company for Bank of American Fork and Lewiston State Bank plans to sell 2.5 million shares of common stock for $14.50 each.
June 12 -
Town officials in Manchester, Conn. have hired a collection agency to pursue people who are delinquent on their motor vehicle taxes.
June 12 -
American Banker readers share their views on the most pressing banking topics of the week, from the qualities we should look for in the next sheriff of Wall Street to overdraft fee regulation. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
June 12 -
The Consumer Bankers Association praised banks' discipline on managing credit quality for student loans after a report showed a drop in delinquencies.
June 12 -
A Federal Trade Commission crackdown on a failed Kickstarter campaign may presage closer government scrutiny of peer-to-peer lending.
June 11 -
Atlantic Capital Bancshares in Atlanta has increased the portion of its common stock to be used in its pending $160 million acquisition of First Security Group in Chattanooga, Tenn.
June 11 -
North Shore Bank in Peabody, Mass., has agreed to merge with Merrimac Savings Bank in Massachusetts.
June 11 -
Community Bank System and Oneida Financial, both of western New York state, have delayed the closing of their merger after settling a shareholder lawsuit that challenged the deal.
June 11





