Consumer banking
Consumer banking
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Bankers provide customers with a huge range of services free of charge. If banks want to compensate for the rising cost of those services, that's got to change.
May 5 -
A California man was arrested Friday for allegedly defrauding a bank out of $6.8 million in connection with his debt collection business.
May 5 -
Bryn Mawr Bank (BMTC) in Pennsylvania has agreed to buy Continental Bank Holdings in Plymouth Meeting, Pa.
May 5 -
Oregon Attorney General Ellen Rosenblum is warning consumers about bogus collection emails that appear to come from her office.
May 5 -
Banc of California (BANC) in Irvine has acquired an 8% stake in Clearinghouse CDFI, an institution that serves low- to moderate-income communities in California and Nevada.
May 5 -
The fate of housing finance reform hangs in the balance after the Senate Banking Committee delayed a vote on a bipartisan bill sponsored by senators Tim Johnson and Mike Crapo. American Banker editors discuss what's behind the delay and the likely next steps.
May 2 -
Technology companies are debuting data-security products aimed at both banks and consumers in the wake of the Target fiasco.
May 2 -
Lawrence Seidman helped arrange a face-to-face meeting of the companies' leaders, according to a regulatory filing. He also agreed to sell more than 2.3 million shares of Center stock to move the deal along.
May 2 -
A number of community banks took sizeable hits during the financial crisis due to dealings in participation loans. As more banks to reconsider these loans, some industry observers wonder if banks will stay disciplined.
May 2 -
It looks like average credit scores have fallen, but only if you examine GSE and FHA originations separately, the think tank's researchers say. When they are combined, the average holds steady.
May 2 -
First Bancorp (FBNC) in Southern Pines, N.C., saw its earnings nearly double in the first quarter from a year earlier behind higher net interest margin, lower provision for loan losses and higher fee income.
May 2 -
Banks have made major progress when it comes to promoting gay and lesbian equality at home. Now they are trying to solve their problems in countries including Russia and Uganda, mostly by advocating for change in private, the CEOs of Citi and MasterCard said Thursday.
May 2 -
Ocean Bank in Miami has been freed from an enforcement action by state and federal regulators.
May 2 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
May 2 -
World Acceptance, a Greenville, S.C.-based finance company that provides subprime consumer loans, submitted documents to the Consumer Financial Protection Bureau as part of a federal investigation into its lending practices.
May 2 -
A college chain fires back at the Consumer Financial Protection Bureau's first public enforcement action against a company in the for-profit college space.
May 2 -
South Carolina-based CertusBank attracted a half billions dollars in commitments to buy failed banks in the wake of the financial crisis. How the early high hopes have been dashed offers important lessons to the industry, regulators and outside investors.
May 1 - New York
A consumer debt collection agency was shut down by New York Attorney General Eric Schneiderman on Thursday morning after dozens of complaints were filed about the company's business tactics.
May 1 -
JPMorgan Chase (JPM) has pledged to invest $20 million over the next five years to support U.S. military veterans and their communities.
May 1




