Consumer banking
Consumer banking
-
ROCK ISLAND, Ill. RIA FCU broke ground on a new corporate center, which will include executive offices along with back office departments and a full-service branch.
September 5 -
Bank of America can't be sued by unified groups of homeowners in different states over its failure to modify mortgages, a federal judge in Boston ruled.
September 5 -
New York State's chief banking regulator is tightening the screws on banks that lend to landlords, increasing the requirements for Community Reinvestment Act credit.
September 5 -
A legal safe harbor designed to protect lenders that make "qualified mortgage" loans from consumer lawsuits is likely to expose institutions to potentially even greater liability, according to several banking experts.
September 5 -
The decision by private-equity backers of Sterling Financial to push for a sale of the entire Spokane company, rather than to merely unload their shares, surprised investors. It also showed that investor exits are a complex business which often defy expectations.
September 5 -
Frank and George Hamlin at Canandaigua National are turning letter writing into an art form as they rail against a wave of new bank regulation.
September 5 -
Failures, mergers and charter consolidations have all played a role in the latest decline, but what's really driving down the numbers is the lack of de novos.
September 5 -
What's in a domain name, you ask? Michael Frederick, who is putting the web address CheckCashing.com up for bid, is hoping the answer is a lot of money.
September 5 - WIB PH
Swiss investment bank UBS, the world's largest manager of assets for the wealthy, has spent the past three years carefully expanding onto U.S. retail banks' traditional turf, introducing new credit cards and mortgages for its wealthy customers. In a recent interview, Rosemary Berkery, vice chairman of UBS Wealth Management Americas and head of its U.S. bank, shared what she's learned about U.S. retail banking and how it complements banks' wealth-management goals.
September 5 -
Banks and credit unions are normally clash with each other, but pumping free gasoline for consumers while bashing big banks was a public-relations opportunity both sides found hard to resist.
September 5 -
The $2 trillion-asset company will stop accepting new student loan applications on Oct. 12, the company said Thursday.
September 5 -
Paul Aguggia is resigning from a large law firm to take the helm at Clifton Savings Bancorp in New Jersey, joining the company in advance of an anticipated second-step conversion.
September 5 -
Old National Bancorp (ONB) in Evansville, Ind., has agreed to sell two branches in Indiana: one to MainSource Financial, and one to River Valley Bancorp.
September 5 -
Many banks have programs to help children open their first bank accounts (and keep their parents coming back). Following are six banks whose marketing departments have gotten particularly creative in designing their childrens savings programs.
September 5 -
The Federal Deposit Insurance Corp. has terminated a consent order for Idaho First Bank in McCall.
September 5 -
Avidbank in Palo Alto, Calif., said that Kenneth Brenner will step down as president to become head of strategic relationships. Ronald Oliveria, Abidbank's chief credit officer, will succeed Brenner. The bank also made Dori Hamilton its chief banking officer.
September 5 -
UMB Financial in Kansas City, Mo., disclosed in a regulatory filing Thursday that a client is expected to move about $1.1 billion in deposits to an unnamed depository institution in the next 120 days.
September 5 -
Stonegate Bank (SGBK) in Fort Lauderdale, Fla., has agreed to buy Florida Shores Bancorp in Pompano Beach.
September 5 -
Simmons First (SFNC) in Pine Bluff, Ark., has submitted a bid in bankruptcy court in an effort to buy Metropolitan National Bank in Little Rock, Ark.
September 5 -
Will mortgage reform rectify past discriminatory practices or close the gap between white and nonwhite rates of homeownership? The major proposals in Washington show little interest in these critical questions.
September 5






