Consumer banking
Consumer banking
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Intervest Bancshares in New York has officially exited the Troubled Asset Relief Program.
September 4 -
Foreign-born nationals with U.S. citizenship have a lot of positive attributes that make them attractive mortgage applicants. What's even better is that millions are still renters.
September 4 -
Edward J. DeMarco, who worked to shrink Fannie Mae (FNMA) and Freddie Mac (FMCC) as their U.S. overseer after the 2008 financial crisis, started a new job this week: senior fellow at the Milken Institute's Center for Financial Markets.
September 4 -
JPMorgan Chase & Co. (JPM)'s own investigators have found clues that a global network of computers available for hire by sophisticated criminals was used to reroute data stolen from the bank to a major Russian city, according to people familiar with the probe.
September 4 -
The reduced pricing for Discover's signature debit card network will apply to the more than 4,000 banks that are members of the American Bankers Association.
September 4 - Florida
Lennar Homes and RBC Bank have formalized their unofficial agreement to help provide mortgages to Canadians buying homes in Southwest Florida.
September 3 -
Leaders of large community banks in the Southeast are keen on acquisitions, though their level of interest varies widely. Some, like Home BancShares in Arkansas, are eager to line up the next big deal. Others, including Bank of the Ozarks, seem content to steal lenders and open offices after several years of acquisitions.
September 3 -
CrossFirst Bank in Leawood, Kansas, has opened a new division to serve the oil, gas and energy markets and hired a team of five bankers with experience in this sector.
September 3 -
Ronald R. Reed has resigned as chief executive of Citizens Independent Bancorp in Logan, Ohio, and its bank unit.
September 3 -
An internal review at Goodwill Industries has concluded that hackers accessed customer payments data through a vendor-related weak spot.
September 3 -
Balances on new cards are still below levels reported before the 2008 recession, despite an increase in open accounts.
September 3 -
Allowing branch workers to come up with handmade signs and offbeat contests can help banks increase both customer and employee engagement, according to consultant Dave Martin.
September 3 -
The federal government should stop paying private collection agencies to pursue defaulted student loans, according to a report released Wednesday.
September 3 -
Citigroup has agreed to sell its remaining 41 branches in Texas to BB&T, in an ongoing effort to trim its branch network.
September 3 -
Each quarter banks report their worst-case estimates of costs tied to lawsuits and regulatory probes. Some banks reported lower figures in recent quarters, but others are braced to spend more to resolve legacy issues. New legal threats loom, too.
September 3 -
The telco-driven Isis mobile wallet will now be called Softcard, a name chosen to avoid confusion and association with a militant group in the Middle East that is often referred to as "ISIS."
September 3 -
First South Bancorp in Washington, N.C., has become the latest community bank to buy branches from Bank of America.
September 3 -
Mt. Washington Savings Bank in Cincinnati is planning to convert from a mutual savings and loan association to a company partly owned by public shareholders.
September 3 -
Comerica in Dallas has promoted Rhonda Davenport Johnson to national director of retail sales and service for its bank unit.
September 2 -
Cardinal Financial in Tysons Corner, Va., has agreed to buy a Virginia branch from Virginia Heritage Bank.
September 2





