Consumer banking
Consumer banking
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Simsbury Bank (SBTB) in Connecticut named a new retail management officer to succeed Howard Zern who is retiring at the end of this month.
April 23 -
Flagstar Bancorp (FBC) in Troy, Mich., reported a significant first-quarter loss as its loan-loss provision more than quintupled.
April 23 -
Those in the industry say customers aren't asking for specific same-day capabilities. Could it be that they aren't asking because they are finding solutions elsewhere?
April 23 -
Profits at Prosperity Bancshares (PB) in Houston grew by more than a third thanks to recent acquisitions as well as organic loan growth.
April 23 -
Popular (BPOP) in San Juan, Puerto Rico, has found buyers for its regional operations in Illinois, California and central Florida.
April 23 -
Community Bank System (CBU) in Syracuse, N.Y., reported higher profits on payback from a branch acquisition and stronger credit quality.
April 22 -
A new survey provides further evidence that continuing declines in mortgage origination volume have motivated lenders to ease credit standards.
April 22 -
Fulton Financial (FULT) in Lancaster, Pa., reported higher quarterly profit that benefited from a cost-cutting initiative.
April 22 -
Discover Financial Services' (DFS) earnings shrunk in the first quarter as expenses rose and the company set aside more cash for loan losses.
April 22 -
Trustmark (TRMK) in Jackson, Miss., reported earnings of $29 million in the first quarter, up 13% from the same period last year.
April 22 -
Brokers of servicing rights say the overall market remains robust, despite suggestions by Ocwen's William Erbey last week that trades had ground to a halt. Trading of seriously delinquent portfolios has slowed on concerns about increased liability.
April 22 -
The Atlanta bank's directors have had "robust discussion" about its efficiency ratio and return on assets, and 80% of long-term compensation is tied to performance, says Doug Ivester, SunTrust's lead independent director and a former Coca-Cola CEO.
April 22 -
Management is in the process of putting together a new capital plan designed to reduce the Salt Lake City company's risk profile while empowering lenders to do their jobs.
April 22 -
The Buffalo, N.Y., bank's chief operating officer and chief financial officer discuss how M&T is spending tens of millions of dollars toward upgrading compliance with the Bank Secrecy Act and high-tech retail services. Its deal to buy Hudson City hangs in the balance.
April 22 -
The place to debate whether payday lending or any other business should be allowed to operate and have access to the banking system is in the halls of Congress and state legislatures, not in the backrooms of government bureaucracies, Bill Isaac writes.
April 22 -
Some banks have built their entire strategy around being ecofriendly while others dabble in this area. Regardless, being environmentally conscious can help bring in new business.
April 22 -
Aided by strong loan growth and improved asset quality, Hanmi Financial (HAFC) in Los Angeles said Tuesday that its first-quarter profits increased 10% from the same time last year, to $11 million.
April 22 -
Republic First Bancorp (FRBK) in Philadelphia has raised $45 million through a private placement.
April 22 -
First Commonwealth Financial (FCF) in Indiana, Pa., reported higher quarterly profit because of reduced loan-loss provisions and lower operating costs.
April 22 -
Union First Market Bankshares (UBSH) in Richmond, Va., reported in a dip in quarterly profit because of costs tied to its purchase of StellarOne in Charlottesville, Va.
April 22


