Consumer banking
Consumer banking
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Strong revenue and loan growth powered TCF Financial (TCB) to a $39.9 million profit in the first quarter, a 57% increase from the same period in 2013.
April 22 -
A new Gallup poll finds that 62% of Americans prefer saving their money compared to 34% who enjoy spending, a percentage gap that is one of the widest since the poll began in 2001.
April 22 -
Idaho, South Dakota and Wisconsin have the nations highest interest rates for payday loans, according to a report released by the Pew Charitable Trusts.
April 22 -
Synovus Financial (SNV) tripled profits thanks partly to broad loan growth and recent branch sales. The Columbus, Ga., company reported earnings of $45.9 million in the first quarter, up from $14.8 million.
April 22 - California
Citigroup Inc. (C) is seeking bidders for about 50 branches holding $3 billion in California as the third-largest U.S. lender pares brick-and-mortar outlets, said three people involved in the process.
April 22 -
UMB Financial (UMBF) in Kansas City, Mo., reported lower quarterly results that largely reflected merger-related expenses.
April 22 -
Buoyed by strong loan and deposit growth, Signature Bank (SBNY) in New York said Tuesday that its first-quarter profits climbed 30% from the same period last year, to $66 million.
April 22 -
Community banks need a steady flow of prospects. A partnership with a successful retail concept virtually guarantees constant customer traffic.
April 22 -
Bank of New York Mellon Corp., the world's largest custody bank, reported a first-quarter profit after a loss a year ago as rising stock markets lifted assets and fees for overseeing them.
April 22 -
Regions Financial (RF) in Birmingham, Ala., reported lower first-quarter results as improved credit and lower expenses failed to completely offset a steep decline in mortgage revenue.
April 22 -
BancorpSouth (BXS) in Tupelo, Miss., reported higher quarterly profit fueled by acquisitions and improved operating performance.
April 22 -
Heritage Financial (HBOS) in Albany, Ga., has agreed to buy Alarion Financial Services in Ocala, Fla.
April 22 -
NewBridge Bancorp (NBBC) in Greensboro, N.C., is planning to retool its retail banking operations in a move that will eliminate 5% of its work force.
April 22 -
Community Bank Shares of Indiana (CBIN) in New Albany has agreed to buy First Financial Service (FFKY) in Elizabethtown, Ky.
April 22 -
The Consumer Financial Protection Bureau is raising concerns about a caveat in private student loan contracts that allows lenders to automatically put a borrower in default when a co-signer faces certain kinds of hardship.
April 22 -
Bank of Hawaii (BOH) increased earnings thanks to stronger returns from a growing asset base and other factors.
April 21 -
Peoples Bancorp (PEBO) in Marietta, Ohio, has agreed to buy North Akron Savings Bank in Ohio. Peoples said in a press release Monday that it will pay about $20.1 million in cash and stock for the $147 million-asset North Akron Savings.
April 21 -
Regulator Benjamin Lawsky is concerned that Hubzu, a website run by Ocwen's Alitsource affiliate, charges inflated fees "through conflicted business relationships" at the expense of mortgage investors and strapped homeowners.
April 21 -
Zions Bancorp. (ZION) in Salt Lake City reported lower quarterly earnings after its net interest income dipped.
April 21 -
Capital Bank Financial (CBF) in Coral Gables, Fla., nearly doubled earnings in the first quarter thanks to asset quality improvements.
April 21


