Consumer banking
Consumer banking
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Colonial Virginia Bank (CNVB) in Gloucester, Va., has revised its yearly earnings downward after a required adjustment to pension costs.
February 21 -
Smaller institutions see a potential opportunity in fee-laden accounts for pot businesses, but their larger counterparts see mostly risk.
February 21 -
It has been a year after Stifel bought Keefe, Bruyette & Woods in a quest for more scale in the area of bank advisory services. Thomas Michaud, KBW's CEO, reflects on the past year and evaluates trends and forces in bank M&A and capital raising in coming months.
February 21 -
Cattaraugus County Bank in Little Valley, N.Y., has announced a succession plan for its chief executive.
February 21 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
February 21 -
As Fannie Mae reports another big profit and the repayment of its government bailout, key questions remain about the size of taxpayers' return and the mortgage giants business model.
February 21 -
New features from the merchant services provider BitPay aim to simplify the process of making Bitcoin payments to merchants.
February 21 -
Bitcoin holders are offering the virtual money for $110 on the online exchange Mt.Gox, down from $829 two weeks ago, following its decision to halt withdrawals earlier this month.
February 21 -
Maj. Gen. Josue Robles will leave the company in the first quarter of 2015, the company said in a press release Friday.
February 21 -
Critics have complained recently that bank regulators and the Justice Department have been overstepping their legal authority and acting like moral police. American Banker staffers discuss what's behind the charges and whether they stand up to scrutiny.
February 21 -
Toronto-Dominion Bank (TD) Chief Executive Officer Ed Clark will get a lifetime annual pension of C$2.49 million ($2.23 million) after stepping down as head of Canada's largest lender by assets.
February 21 -
CenterState Banks (CSFL) in Davenport, Fla., has appointed Ed Kofman to head its loan trading and hedge desk as managing director.
February 21 -
Two Florida men have been sentenced to serve seven years in federal prison for swindling more than $4 million from borrowers who were behind on their mortgages.
February 21 -
Mercantile Bank (MBWM) in Grand Rapids, Mich., and Firstbank (FBMI) in Alma, Mich., are extending the termination date for their delayed merger.
February 21 -
Union State Bank in Arkansas City, Kan., has had a member of the Docking family at its helm for more than 50 years. That is about to change.
February 21 -
U.S. banks are seeking to shield from scrutiny the $30 billion they collect annually in checking-account fees, saying a proposed requirement for periodic reports is unacceptable even if it exempts small institutions.
February 21 -
The highway to higher bank profits is littered with dead banks and S&Ls. Dont be surprised to discover a few more casualties along the highway if and when long-term fixed-rate lending really takes off.
February 21 -
Park Sterling (PSTB) in Charlotte, N.C., has added to its recently established team in Virginia.
February 21 -
A federal judge ordered the arrest and incarceration of Paul Navestad, known legally as Paul Richard Jones, for violating an April 2012 court order requiring him to pay more than $20 million for his role in a phony government grant scheme.
February 21 -
JPMorgan Chase recovered only $593 million in charged-off credit card debts in 2013 - a slump of 57% from three years earlier. The drop reflects the improving economy and the regulatory pressures facing JPMorgan and other big banks over their collection practices.
February 21




