Consumer banking
Consumer banking
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Wilson Bank & Trust will become one of the first banks to test MoneyDesktop's latest marketing capabilities.
July 16 -
Lending surged at Customers Bancorp in Wyomissing, Pa., this spring, allowing the $3.8 billion-asset company to report profits of $8.2 million in the second quarter, up 26% from the same period in 2012.
July 16 -
Hedge funds have beaten the FDIC in a series of legal disputes over the assets of bankrupt holding companies, exposing a serious flaw in the regulator's system for recovering value from failed institutions.
July 16 -
Reliance Financial Corp. in Atlanta has agreed to buy the trust and asset management business of Grand Bank and Trust of Florida in West Palm Beach.
July 16 -
Comerica in Dallas reported flat quarterly earnings as cost cuts and improved credit quality offset a dip in lending revenue.
July 16 -
The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.
July 16 -
Have you ever imagined starting your own bitcoin exchange? Soon, Vancouver-based Bex.io will make that possible by deploying exchange functionality under a Software as a Service (SaaS) model.
July 16 -
Branch numbers will grow again while the industrys total branch square footage goes down. More customers will choose their banks based on the availability of a branch they wont use all that much.
July 16 -
Herbert Allison Jr., the onetime president of Merrill Lynch & Co. who oversaw the U.S. government's bank-bailout program following the financial crisis that led to his former company becoming a unit of Bank of America Corp., has died. He was 69.
July 16 -
Kipochi, an African online service launched this month, is looking for a way to connect the digital currency Bitcoin to M-Pesa, Kenya's widely-used mobile payments system.
July 16 -
There is little proof that a doubling of guarantee fees in the last year by Fannie Mae and Freddie Mac has brought private investors back into the mortgage market, says the FHFA's inspector general in a new report.
July 16 -
MUNCIE, Ind. Ball State FCU opened its doors in the L.A. Pittenger Student Center Monday as part of the Village redevelopment.
July 15 -
The $2.8 billion-asset Wilshire would pay about $105 million in cash and stock for the $542 million-asset Saehan, the companies announced Monday.
July 15 -
The "we are all buyers" mentality held by most of Chicago's large community banks changed when Taylor Capital agreed to sell to MB Financial for $680 million. It could signal the beginning of long-awaited consolidation in the Chicago area.
July 15 -
Planned price increases and hints that households are looking for higher yields for their savings suggest that the flood tide of deposits could finally be ebbing.
July 15 -
A uniform mortgage-backed-security product, more risk sharing and help for small banks are some of the housing-finance fixes that the Mortgage Bankers Association urges regulators to make now.
July 15 -
Strong investment-banking profits helped offset more lackluster commercial banking results, illustrating just how much big banks have to lose from lawmakers' latest attempts to rein in the largest banks.
July 15 -
The Consumer Financial Protection Bureau named a new chief operating officer and chief of staff, among other appointments, following a string of recent departures in its senior level suite.
July 15 -
Normally community banks avoid loan participations with nearby rivals, but a group of Delaware banks decided they had to do so to compete with big banks and survive.
July 15 -
Capital One Financial (COF) said Monday that delinquencies in its U.S. credit card portfolio rose slightly in June following four straight months of improvements.
July 15





