Consumer banking
Consumer banking
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NewBridge Bancorp (NBBC) in Greensboro, N.C., has received regulatory approval to buy struggling mutual Security Savings Bank in Southport, N.C.
September 20 -
Deposits continue to slowly trickle out of the banking system, creating divided opinions over how much bankers should fret over the outflows.
September 20 -
Midland States Bancorp in Effingham, Ill., has agreed to buy Heartland Bank in St. Louis to lower its reliance on interest income, strengthen fee income and improve its chances at going public.
September 20 - Michigan
The $552 million-asset company announced the formation of wholly-owned subsidiary Mackinac Commercial Credit in a press release Friday.
September 20 -
The Federal Deposit Insurance Corp. is facing accusations that it is forcing banks to cut ties with online payday lenders, but the agency says it is only urging banks to be on guard about merchant relationships that elevate their risk.
September 20 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
September 20 -
Big bank executives in New York need to visit the heartland and get in touch with Main Street to cure lingering public resentment, St. Louis Fed President James Bullard said.
September 20 -
Wingspan Portfolio Advisors, a mortgage service provider, has agreed to take over the lease on a customer service operation in Monroe, La., from JPMorgan Chase (JPM) with the help of state subsidies.
September 20 -
Washington Trust Bancorp (WASH) in Westerly, R.I., has hired a veteran banker as its president and chief operating officer.
September 20 -
Cordia Bancorp (BVA) in Midlothian, Va., has hired Mark Severson as chief financial officer.
September 20 -
Wesley A. Brown, a Denver investment banker and member of the Alpine Rescue Team, is trained to save your bank or you, if you get stuck in the mountains of Colorado. Recent floods there put his skills, and those of his teammates, to the test.
September 20 -
A Small Business Administration program intended to give veteran-owned companies easier access to loans has come under fire for high default rates that have cost taxpayers over $31 million.
September 20 -
The Federal Reserve's rules for debit-card transaction fees and processing will remain in place while the central bank appeals a decision throwing out the regulations, a judge said.
September 20 -
Penns Woods Bancorp (PWOD) in Williamsport, Pa., has picked Robert Glunk to be the next president of Luzerne Bank, a subsidiary it acquired this year.
September 20 -
The Museum of American Finance is dedicating its largest exhibit ever to an examination of the Federal Reserve System's history, culture and role in the U.S. over the past 100 years.
September 20 -
Consumers who were duped in a fraudulent telemarketing scheme operated by JPM Accelerated Services will be getting refunds from the Federal Trade Commission.
September 20 -
Promotion to CEO roles will continue to be a challenge for women as the industry continues to consolidate.
September 20 -
The Consumer Financial Protection Bureau and the Department of Justice are examining the lending operations of major auto manufacturers for possible discrimination in lending, according to regulatory filings and three people briefed on the inquiry.
September 20 -
BitPay, a Bitcoin payment services provider, has added support for Intuit's popular Quickbooks software.
September 20 -
In an agreement hailed by consumer advocates, JPMorgan Chase consented to a major overhaul of its debt collection and debt sale practices.
September 19



