Consumer banking
Consumer banking
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National Bank Holdings (NBHC) in Greenwood Village, Colo., has tapped a recently retired banking commissioner to join its board.
June 13 -
Commerce Bancshares (CBSH) of Kansas City, Mo., expects to sell $150 million in preferred stock, which it will use to buy back $200 million of its common stock.
June 13 - California
The state of California is seeking a 12-month license suspension for CashCall, a high-cost lender that's come under fire in numerous other states.
June 13 - New York
The Bank of New York Mellon (BK) is planning to enter the reverse mortgage business.
June 13 -
Mutuals also face a disadvantage with succession planning because they are unable to offer equity-based compensation. Instead, mutuals need to highlight cultural advantages that include a better quality of life and greater stability.
June 13 -
Coast Bancorp (CTBP) raised $6.8 million in capital through a private placement offering as it looks to grow after recently resolving a regulatory order.
June 13 -
The Delaware bank, which issues cards for a wide swath of the prepaid industry, will have to curtail its growth as part of an agreement with the FDIC.
June 13 -
Big and regional banks are embracing gay pride month, sponsoring festivals in New York, San Francisco and other major cities throughout June as well as sending employees and executives to participate in parades and promote an inclusive image to consumers.
June 13 -
The $7.4 billion-asset company announced this week that it is planning a branch in Greenville, S.C.
June 13 -
New York Attorney General Eric Schneiderman on Friday announced his support for a proposal in the state legislature to regulate prepaid debit cards used by employers to pay wages.
June 13 -
WASHINGTON A bank subsidiary should be able to claim tax refunds resulting from the institution's losses even if its tax returns are filed by the holding company, the federal bank regulators said in guidance issued Friday.
June 13 -
The Justice Department has asked Citigroup for more than $10 billion to settle a probe into the lender's sale of mortgage-backed bonds in the run up to the 2008 financial crisis, according to a person familiar with the negotiations.
June 13 -
Citigroup (NYSE: C) is selling its consumer banking business in Greece as it part of its ongoing plan to scale back its operations in certain foreign markets.
June 13 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
June 13 -
The operators of a massive mobile cramming scheme will surrender more than $10 million in assets to settle Federal Trade Commission charges.
June 13 - California
The Chicago Federal Home Loan Bank reaches agreement with Redwood Trust so member institutions can sell loans to the private-label issuer.
June 13 -
DBA International voiced support for the federal enforcement action against the owner of Florida-based debt buyer United Credit Recovery.
June 13 -
A home builder that offers home financing has settled FTC charges that it deceived consumers by advertising low-cost mortgages while hiding fees and not disclosing critical information.
June 12 -
Green Dot (GDOT) said Thursday that it has hired a PayPal executive to become general manager of its mobile bank account, known as GoBank.
June 12 -
Luvleen Sidhu has been hired by her father -- Jay Sidhu, the head of Customers Bancorp -- to do something a lot of small banks would be afraid to tackle: develop Customers' own mobile banking software.
June 12



