Consumer banking
Consumer banking
- Texas
Cullen/Frost Bankers (CFR) in San Antonio reported a profit of $59.2 million in the first quarter on strong asset and deposit growth.
April 23 -
M&T Bank (MTB) in Buffalo announced that former vice chairman Michael Pinto has died.
April 23 -
Jefferson Bancshares' efforts to sell itself were marked by several fits and starts over three years, highlighting the fickle nature of consolidation since the financial crisis.
April 23 -
Talking to consumers about the impact of their borrowing and payment decisions on their credit reports and credit scores is a critical part of helping them make solid financial decisions. But legal restrictions may ultimately deter companies from engaging in those types of discussions.
April 23 -
A failed Kansas bank is suing state regulators alleging that they had insufficient grounds to close it.
April 23 -
The Santa Clara (Calif.) County Department of Revenue, which acts as the county's central collection agency, reported Tuesday that 1,060 people are the potential owners of nearly $244,000 in unclaimed money.
April 23 -
Midland, Texas is the latest in a growing number of cities proposing an ordinance that affects payday lenders, or credit access businesses.
April 23 -
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


