Consumer banking
Consumer banking
-
Wells Fargo is forming an advisory board to strengthen its commercial banking presence in New England.
August 14 -
First National Community Bancorp in Dunmore, Pa., swung to a quarterly profit thanks to cost cuts and securities sales.
August 14 -
MARIETTA, Ga. LGE Community CU said it has purchased 15 of Diebolds Opteva ATMs, including 13 deposit automation-enabled terminals and two cash dispensers, for its seven branches.
August 13 -
Cullen/Frost Bankers (CFR) in San Antonio has agreed to buy WNB Bancshares (WNB) in Odessa, Texas, for $220 million in stock and cash.
August 13 -
Anchor BanCorp Wisconsin finally found some capital after a four-year search, but that wasn't enough. It has filed for Chapter 11 as a way to get Associated Banc-Corp, one of its creditors and competitors, to consent to its recapitalization.
August 13 -
A shareholder lawsuit against the management of Home BancGroup in Hallandale Beach, Fla., has been dismissed, according to a news report.
August 13 -
John Linfante is stepping down as the chairman of Atlantic Coast Financial (ACFC), the latest leader to leave the Florida bank since investors rejected its sale to Bond Street Holdings.
August 13 -
Sellers will say rising rates makes them more valuable. Buyers will say the same trend makes sellers less valuable. Add this impasse to the list of complications for bank M&A.
August 13 -
Banking has lost its recruiting luster at a critical time. To attract the best, the industry must regain peoples trust.
August 13 -
The $7.2 billion-asset company auctioned $34.6 million in senior notes, it announced Monday. The notes carry an interest rate of 6%.
August 13 -
The chief executive of First Community Bancshares (FCBC) in Bluefield, Va., plans to step down.
August 13 -
The Securities and Exchange Commission has closed an investigation of Suffolk Bancorp (SUBK) in Riverhead, N.Y.
August 13 -
The brouhaha over a court ruling that debit card fee caps be lowered overshadowed another problem for banks: the decision could also enable merchants to play card networks against one another on signature debit transactions.
August 13 -
The $345 million-asset Broadway lost $228,000 in the second quarter, it announced Monday. It earned $1.7 million in the second quarter of 2012, when it recorded a $2.5 million profit from the sale of its former headquarters.
August 13 -
The chief financial officer of Intrust Bank in Wichita, Kan., is stepping down.
August 13 -
Anchor BanCorp Wisconsin (ACBW) in Madison has filed for bankruptcy in a bid to restructure its debt and recapitalize its struggling bank.
August 13 -
The national credit card delinquency rate (the ratio of borrowers 90 or more days past due) decreased to 0.57% in Q2 2013 from 0.63% in Q2 2012.
August 13 -
First Data Corp. released its SpendTrend analysis for July 2-30, compared with July 3-31, 2012. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations.
August 13 -
I applaud the government's efforts to weed out bad actors, but I'm deeply concerned about the unintended consequences this could have on much needed financial services for underbanked people.
August 13 -
Congressional Bancshares of Bethesda, Md., has promoted to chief executive the former president of its Congressional Bank subsidiary.
August 12




