Consumer banking
Consumer banking
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Collection company USCB Inc. agreed to pay $2.75 million to settle a Telephone Consumer Protection Act class action lawsuit.
September 19 -
The Pittsfield, Mass., bank was honored for a television commercial that features the voice of Connecticut women's basketball coach Geno Auriemma.
September 19 -
People's United Financial in Bridgeport, Conn., has successfully recruited a former executive at JPMorgan Chase to join its board.
September 19 -
Comerica Bank and San Diego County Credit Union have battled in recent years to claim the Guinness World Record for "Most Paper Collected in 24 hours."
September 19 -
Albina Community Bancorp in Portland, Ore., has filed for bankruptcy.
September 18 -
The purchase of Santa Barbara Tax Products Group is the latest move by the prepaid card pioneer designed to lessen its dependence on retail giant Wal-Mart.
September 18 -
At least two mortgage servicers say they are close to being released from an OCC enforcement order that required 14 of the nations largest bank servicers to fix flaws in their foreclosure reviews. But the OCC says it has set no timetable for freeing any of the banks from the 2011 order.
September 18 -
The old taboo against loan purchases is being quietly broken, as small and regional banks with excess liquidity chase higher yields and find a common interest with banks that need to drain some assets.
September 18 -
In marketing, deciding on a strategy is the easy part. The challenge involves figuring out if it's working. PNC Financial, Regions and other companies at a recent conference discussed how to know if a bank getting a good return on its marketing dollars.
September 18 -
Santander Holdings USA entered into a written agreement with the Federal Reserve Bank of Boston about managing capital payments after one of its units issued an unauthorized dividend.
September 18 -
Small-bank executives sounded off this week about battling regulators, credit unions, big banks and each other at a FIG Partners conference in Atlanta.
September 18 -
Americans are still looking for the same fundamental services from their banks. It's their expectations of convenience and accessibility that have changed and that's where digital offerings should come in.
September 18 -
City officials hope to soon devise a plan that will help recover the money, including presumably out-of-statute debts.
September 18 -
Old Second Bancorp in Aurora, Ill., said Wednesday that its chief executive officer, William Skoglund, will retire at the end of this year. He will be succeeded by James Eccher, the company's chief operating officer.
September 18 -
DirectCash Payments has agreed to acquire Exeatm's ATM business in Australia for about $15.7 million.
September 18 -
The multifamily housing sector is likely to remain healthy thanks to favorable demographics but the apartment market is almost certainly past peak for this cycle.
September 18 -
Hudson City Bancorp continues to reorganize its management team and board following the death of chairman and chief executive officer Ronald Hermance on Sept. 11.
September 18 -
Consumer default rates rose slightly in August, reversing a downward trend, according to the latest S&P/Experian Consumer Credit Default Indices.
September 18 -
Sen. Elizabeth Warren (D-Mass.) promised Wednesday to keep pushing for student loan legislation after a bill allowing borrowers to refinance their debts failed to come up for a vote this week.
September 18 -
Regulators have terminated an agreement with Preferred Bank in Los Angeles that required improvements to its data-security system.
September 17




