Consumer banking
Consumer banking
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Scammers in Maine are calling residents and telling them they owe money to the state's Bureau of Motor Vehicles.
April 18 -
Home BancShares in Conway, Ark., has agreed to buy Florida Traditions Bank in Dade City, Fla. The $6.8 billion-asset Home said it will pay $43 million stock for the $312 million-asset Florida Traditions.
April 18 -
RKJS Bank, an interim company formed by a group of local Baltimore investors, won First Mariner's bankruptcy auction Tuesday after National Penn Bancshares (NPBC) in Allentown, Pa., withdrew its offer.
April 17 -
In the old days the Fed's monetary policy and bank supervision were separate sides of the house. But its postcrisis capital rules for banks are blurring those boundaries.
April 17 -
The Federal Reserve prohibited a former Missouri bank chairman from involvement in any bank management after he admitted to using federal bailout money to buy a luxury condominium.
April 17 -
Investors Bancorp (ISBC) in Short Hills, N.J. reported a surge in quarterly profit because of a stronger balance sheet.
April 17 -
Associated Banc-Corp (ASBC) in Green Bay, Wisc., reported a profit of $44 million in the first quarter, down 4.6% from the same period last year, as fee income fell and credit costs increased.
April 17 -
Midsize banks remain concerned about their ability to meaningfully grow revenue at a time when yields on loans are narrowing and income from mortgage banking a key revenue driver continues to shrink.
April 17 -
Board members and prospects are nervous about personable liability, given a rise in government lawsuits against former directors of failed banks. While banks typically carry insurance for directors, it is unclear how much protection those policies provide.
April 17 -
Sandy Spring Bancorp in Olney, Md., said its first-quarter profit rose 3% from a year earlier, to $10.9 million. The improvement was largely because of loan growth, changes in funding costs and efforts to increase wealth management and insurance revenue, the company said.
April 17 -
Former Federal Deposit Insurance Corp. Chairman Sheila Bair took private investors to task this week, arguing that their failure to understand and manage mortgage-market risk helped bring about the financial crisis.
April 17 -
Fifth Third Bancorp (FITB) isn't giving up on the small-dollar loan market, Chief Executive Kevin Kabat said Thursday.
April 17 -
WASHINGTON Two officials of the Consumer Financial Protection Bureau who played important roles in shaping the new mortgage rules have joined Wells Fargo (WFC).
April 17 -
First quarter earnings results were all over the map for the biggest banks, but for the next tier some distinct trends are emerging. Among them: pockets of strength and an emphasis on cost controls. American Banker editors discuss.
April 17 -
American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.
April 17 -
National Penn Bancshares (NPBC) in Allentown, Pa., swung to a profit in the first quarter thanks to commercial loan growth and one-time factors that offset lower mortgage banking revenue.
April 17 -
Astoria Financial (AF) in Lake Success, N.Y., reported higher quarterly profit aided by state income tax breaks.
April 17 -
Consumers can now use Lending Club to pay for schooling or elective medical procedures.
April 17 -
People's United Financial (PBCT) in Bridgeport, Conn., reported late Wednesday steady first quarter results, characterized by loan growth and improved asset quality, the same day it disclosed a succession plan for its chief financial officer.
April 17 -
First Horizon National (FHN) used a gain from the sale of mortgage servicing rights to offset declines in revenue and fee income.
April 17





