Consumer banking
Consumer banking
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A high percentage of Federal Housing Administration-insured loans are falling into the "higher priced" bucket due to a series of mortgage insurance hikes over the past several years.
September 24 -
Urban Partnership Bank in Chicago has lured a former Citibank executive out of retirement to lead its consumer banking operations.
September 24 -
More than half of B2B receivables 90 days or more overdue were written off in the U.S., Canada, Mexico and Brazil, according to a survey.
September 24 -
First Connecticut Bancorp in Farmington is expanding into Massachusetts.
September 24 -
NewBridge Bancorp in Greensboro, N.C., has created three commercial banking groups.
September 24 -
Hawaii National Bancshares in Honolulu is planning to buy out the holdings of its minority shareholders.
September 24 -
In the coming months, banks, mortgage lenders, consumer advocates and policy wonks will be slicing and dicing the latest Home Mortgage Disclosure Act data, as they do every year. Rarely, if ever, have the stakes been higher.
September 24 -
Wal-Mart Stores Inc. (WMT) reached a deal with prepaid-card firm Green Dot Corp. (GDOT) to offer checking accounts to the retailer's customers, building on an expansion into financial services that U.S. banks have sought to block.
September 24 -
Fifth Third Bancorp has combined several business divisions into a new unit focused on payments, as the Cincinnati company continues its gradual exit from its former payments unit, Vantiv.
September 24 -
A pair of banking companies announced plans to consolidate their community bank brands.
September 24 -
Kabbage will offer online personal loans starting this week as it expands its product lineup and tries to compete head-on with the likes of Lending Club and Prosper Marketplace.
September 24 -
Webster Financial in Waterbury, Conn., has agreed to buy JPMorgan Chase's health savings account business.
September 23 -
WASHINGTON The Consumer Financial Protection Bureau has agreed to ramp up its security policies on data collection in response to a recent Government Accountability Office report that raised nearly a dozen recommendations on the topic.
September 23 -
The $578 million-asset company said in a press release Tuesday that it had hired Anthony Weagley as its president and CEO. He will have the same roles at Malverns bank.
September 23 -
Sunflower Financial in Salina, Kan., is poised to strengthen its presence in Denver.
September 23 -
Bank of Texas in Houston has hired a Bank of America veteran to lead its Houston operations.
September 23 -
In a speech Tuesday, U.S. Bank Chief Executive Officer Richard Davis also offered mostly upbeat views about the evolving, more stringent expectations of bank regulators.
September 23 -
Esther George, president of the Kansas City Fed, highlighted the shortcomings of banking regulation, especially as applied to community banks, and said the "pendulum has swung too far" on consumer protection.
September 23 -
BB&T's smaller competitors are convinced the Winston-Salem bank is moving the decision-making on commercial loan applications to its headquarters. They say they've been able to steal customers from BB&T as borrowers are frustrated with the red tape. BB&T's president denies this and says it's as committed to community banking as always.
September 23 -
PayPal's making moves to respond to the maturation of virtual currencies, entering into agreements with Bitcoin payment processors BitPay, Coinbase and GoGoin.
September 23




