Consumer banking
Consumer banking
-
After 18 months of testing, Wintrust is rolling out technology that lets customers order cash ATM withdrawals through a mobile app. The bank aims to quicken transactions, strengthen security and pave the way for mobile wallet adoption.
January 13 -
Fears that lower Federal Housing Administration premiums will negatively affect private mortgage insurance firms are overblown. If anything, the plan should be a modest positive for the overall housing market.
January 13 -
JPMorgan Chase has named Jennifer Piepszak as the chief executive of its business-banking division that focuses on firms with revenue of $20 million and below.
January 13 -
American Capital Partners has recruited two Raymond James analysts to launch a research unit focused on small and mid-cap banks in the New York area.
January 13 -
Small-business lending approval rates at big banks and institutional lenders reached post-recession highs in December, while small banks and alternative lenders have seen fewer completed deals, according to Biz2Credit data.
January 13 -
A state ethics commission has hired two collection agencies to pursue nearly a half million dollars in late fees resulting from elected and appointed officials missing or ignoring deadlines for submitting financial disclosure forms.
January 13 -
The Supreme Court gave homeowners more ability to cancel their mortgages if lenders don't provide the required disclosures, in a setback for the banking industry.
January 13 -
The gap between high income and middle- and lower-income families' wealth is growing as the economy recovers from the economic downturn, according to a study.
January 13 -
United Kingdom-based collection agency 1st Credit Ltd. could be sold by private equity firm Bridgepoint, according to a recent report.
January 13 -
Wintrust Financial in Chicago has formed a division to focus on the city's start-up community.
January 13 - South Dakota
First Premier Bank, a subprime credit card issuer, has given up a court fight aimed at keeping information about its cards off a comparison-shopping website.
January 13 -
The Consumer Financial Protection Bureau is launching a toolkit on Tuesday that will help consumers shop for a mortgage by finding the best rates in their area based on data the agency gathers from lenders.
January 13 -
Freddie Mac in the next month plans to approve three more lenders, including one bank, to make multifamily loans between $1 million and $5 million for GSE purchase and securitization, according to an official. Banks were not initially courted.
January 12 -
Former Rep. Bill Owens has been named a director of Arrow Financial in Glen Falls, N.Y.
January 12 -
Chesapeake Bancorp in Chestertown, Md., has hired Al Wilson as its president and chief executive. Wilson resigned from AmeriServ Financial last month as its chief executive.
January 12 -
Northwest Bancshares in Warren, Pa., has bought B.J. Petruso Agency in Meadville, Pa.
January 12 - Georgia
Numerous banks are expected to say they trimmed expenses yet again when they report fourth-quarter results in the coming weeks. But that trend may ebb soon as many executives are forced to spend on technology and to expand their businesses.
January 12 -
JPMorgan Chase and Bank of America plan to start offering FICO scores they have on customers to them for free, according to a statement released Monday by the White House.
January 12 -
Avenue Financial Holdings in Nashville, Tenn., is looking to raise $30 million through an initial public offering.
January 12 -
Ted Peters likes to build things and he does not like retirement. The veteran banker will soon solicit outside investors for a fund that he hopes will amass $100 million to pump into promising community banks.
January 12



