Consumer banking
Consumer banking
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Blue Hills Bancorp in Norwood, Mass., has received significant demand for its planned stock sale.
July 11 -
The Consumer Financial Protection Bureau says brokers will have to comply with compensation limits even if they are funding loans via a warehouse line of credit.
July 11 - California
The San Francisco bank posted strong growth in commercial loans in the second quarter, which may bode well for other banks that concentrate on business lending, but it wasn't enough to prevent questions about how Wells will be able to maintain its performance in the face of stepped-up competition from other lenders.
July 11 -
Signature Bank (SBNY) in New York has created a pair of nationwide lending offices, focusing on restaurant franchises and the commercial marine industry.
July 11 -
For the sanity of the IT department and to ease regulators' concerns, more banks are looking at mobile device management software to manage, secure and back up employees' phones and tablets. Increasingly workers want to use their personal devices for work, too.
July 11 -
Dozens of insurers have sold off their banks in recent years, with just a handful choosing to remain in the business. Mutual of Omaha Bank is committed to building a traditional community banking culture with its parent company's backing.
July 11 -
Wells Fargo executives said they support federal regulators' effort to expand mortgage credit availability but cautioned that it will produce little benefit for the bank's, or the industry's, bottom line.
July 11 -
C1 Financial in St. Petersburg, Fla., is going public.
July 11 -
QNB Corp. (QNBC) in Quakertown, Pa., is looking to replace its chief financial officer.
July 11 -
Fiserv and ChannelNet have added a feature to LoanLink, their borrower self-service tool, that lets distressed consumers apply online to restructure their mortgage or installment loans.
July 11 -
The operators of the scheme the falsely promised to help consumers get loans, but instead used personal financial data to take money from bank accounts without consent, have settled FTC charges.
July 11 -
JPMorgan Chase (JPM) has partnered with Liberty Bank in Detroit to offer financing to homebuyers interested in restoration of the city's run-down properties.
July 11 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
July 11 -
The National Credit Union Administration has liquidated IBEW Local 816 Federal Credit Union in Paducah, Ky.
July 11 -
Radian Group and MGIC Investment are among mortgage insurers that would need to fill a financial gap under new financial-strength rules proposed by the Federal Housing Finance Agency.
July 11 -
Alerus Financial (ALRS) in Grand Forks, N.D., has acquired Private Bancorp. in Minneapolis for $15.9 million in cash and other considerations.
July 11 -
Wells Fargo & Co., the world's most valuable bank, said profit increased 3.8 percent on lower costs even as the lender snapped a 17-quarter streak of rising per- share earnings.
July 11 -
Chicopee Bancorp (CBNK) in Massachusetts said it expects to report a second-quarter loss due to a spike in its loan-loss provision.
July 11 -
KeyCorp (KEY) has added a retired federal bank regulator to its board.
July 10 -
The Consumer Financial Protection Bureau settlement with ACE Cash Express Thursday sends another strong message about practices it may target in industry rules.
July 10



