Consumer banking
Consumer banking
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A New York City bank employee is in the news for going the extra mile to ensure that a local homeless man was given a proper goodbye.
June 5 -
Executives at private mortgage insurers expect the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, to reduce some fees in the next year, which would make privately-insured GSE loans more competitive with government loans.
June 5 -
A former Georgia community banker who was accused of fraud and faked suicide has pleaded guilty to three felony charges for his role in allegedly defrauding a bank and private investors.
June 5 -
The company claims in a lawsuit against the Puerto Rican government that the territory could lose "a major lender in the Puerto Rico housing market" if it is denied a $230 million tax refund.
June 5 -
Justin Timberlake will perform a private, small-venue concert for customers of Citi's American Airlines promotional credit card on July 10 at the Hammerstein Ballroom in New York.
June 5 -
Donald Shamey, president and chief executive at NexTier Bank in Butler, Pa. will retire in July after 40 years at the helm.
June 5 - California
American Express can provide affordable products to the unbanked and still make a profit, company executive Dan Schulman said at the Emerge conference. He was vague on details but hinted that its prepaid cards built on an lower-cost software platform are part of the answer.
June 5 -
The two most popular Bitcoin services providers, Coinbase and BitPay, are neck-and-neck in signing up merchants to accept digital currency.
June 5 -
The Columbus, Ohio, company started giving away pens in its branches in 2010. Now more than 20 million are in circulation around the world with a few ending up in bizarre places, including the movie Bad Grandpa.
June 5 -
A reporter spent a day trying to cash checks, send money and complete other financial transactions without the use of a bank account. He was surprised by what he saw.
June 5 -
Fidelity Southern (LION) in Atlanta said Thursday that it is buying five branches and roughly $200 million of deposits from CenterState Bank of Florida (CSFL).
June 5 -
Heritage Global Inc. has acquired National Loan Exchange Inc. (NLEX), the largest volume broker of charged-off receivables in the U.S. and Canada.
June 5 -
Alternative lenders provide a necessary service to small business ownersbut some loans carry excessive costs. Financial innovation and greater competition can help bring prices down.
June 5 -
BNC Bancorp (BNCN) in High Point, N.C., has agreed to buy Harbor Bank Group in Charleston, S.C.
June 5 -
ACA International has filed an amicus curiae brief with the Sixth Circuit Court of Appeals in the case of Buchanan v. Northland Group Inc.
June 5 -
A federal judge has ruled that a Kansas-based payday lending operation intentionally deceived borrowers about the cost of their loans.
June 4 -
It's rare that a regulatory filing would quote the song "Livin' La Vida Loca," but that's just what some Doral investors say the Puerto Rican government is doing in its refusal to restore $230 million of the bank's tax payments.
June 4 -
The company spent years looking in vain for the right deal at the right price before finding TF Financial. The deal adds a healthy bank and a much-needed beachhead in New Jersey, though it also pushes National Penn closer to $10 billion in assets.
June 4 -
Economists and housing experts maintain that the housing crisis is long over, but many Americans beg to differ.
June 4 -
The federal banking agencies on Wednesday began an extensive effort required by a law passed before the financial crisis to gather feedback about which rules should be placed under the microscope for potential regulatory relief.
June 4




