Consumer banking
Consumer banking
-
CMS Bancorp in White Plains, N.Y., is working through a material weakness unearthed by a recent audit.
January 16 -
Add hiring a new chief financial officer to Doral Financial's growing list of headaches. The $8 billion-asset San Juan, Puerto Rico, company disclosed in a regulatory filing Friday that Nancy Reinhard will resign as acting CFO and principal accounting officer.
January 16 -
The Federal Trade Commission announced its largest-ever payday lending settlement on Friday, as two companies agreed to pay $21 million and waive another $285 million in charges that were never collected from customers.
January 16 -
Sunflower Financial in Salina, Kan., has canceled its planned purchase of First Western Financial in Denver. The $1.7 billion-asset Sunflower had agreed in September to buy the $688 million-asset First Financial.
January 16 -
The past year was a bit of slog for most regional banks and, if fourth-quarter results are any indication of what's ahead, then 2015 isn't looking much better.
January 16 -
New York Attorney General Eric Schneiderman is proposing legislation to strengthen data security laws to protect consumers from having their personal data stolen.
January 16 -
Ten financial institutions, including four banks, will accept the new IDNYC card as a primary form of identification for new accounts. Community advocates hope the move will help more immigrants and unbanked individuals use banking products.
January 16 -
WASHINGTON The Federal Reserve announced the formation of a federal advisory council to examine and advise the board on matters related to community and consumer affairs.
January 16 -
Franklin Financial Network in Franklin, Tenn., has filed for a $50 million initial public offering.
January 16 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
January 16 -
Republic Bancorp in Louisville, Ky., reported a quadrupling in profit due to higher interest income and lower expenses during the fourth quarter of 2014.
January 16 -
In a newly created role, 14-year company veteran Andres Wolberg-Stok is helping Citigroup take its consumer technologies in new directions with APIs, wearables, the Internet of things and biometric authentication.
January 16 -
The big oil lender faces a classic dilemma: extend more credit to energy companies in need of more capital, or lock down to guard against a prolonged downturn.
January 16 -
The $269 million-asset bank has named Russ Weyers as its president and chief executive, according to the Milwaukee Business Journal.
January 16 -
PrivateBancorp in Chicago reported higher quarterly profit as strong loan growth offset lower yields.
January 16 -
Bank of the Ozarks in Little Rock, Ark., reported a higher profit in the fourth quarter behind record net interest income.
January 16 -
Mortgages for Gulf War veterans have more than tripled since 2008, which along with a spirited outreach program and the post-crisis credit squeeze, has helped fuel a steady increase in Department of Veterans Affairs lending.
January 16 -
The ATM is one of the oldest self-service technologies in banking, and mobile is one of the newest. But surprisingly, this odd couple of technologies has a lot of synergy.
January 16 -
VantageScore Solutions LLC announced Thursday that the results of a consumer survey found Millennials remain cautious about key life events years after the recession.
January 16 -
In a record Federal Trade Commission settlement involving payday lenders, two companies will pay $21 million to resolve charges that they violated the law by charging consumers undisclosed and inflated fees.
January 16



