Consumer banking
Consumer banking
-
Issuers are adding another layer of protection at a time when lawmakers are examining how to wind down Fannie Mae and Freddie Mac and bring private capital back into the mortgage market.
June 26 -
Jacksonville Bancorp is in the market for a new CEO at a time when it is also trying to sell more stock and conduct a reverse stock split.
June 26 -
Various loan types have been yielding fatter margins over banks cost of funds through much of the Feds campaign to stimulate the economy. Blame banks' tight overall margins on cash and securities.
June 26 -
Criminals will always find new ways to steal money. Banks still need a realistic timetable from the card networks to upgrade to chip and PIN.
June 26 -
Bankers and companies including JPMorgan Chase and Citigroup praised landmark Supreme Court decisions that expanded federal benefits and struck down some restrictions on same-sex marriage.
June 26 -
Alamogordo Financial Corp. (ALMG) in New Mexico has agreed to buy Bank 1440 (BFFO) in Phoenix.
June 26 -
One in five adults age 20 and older have student loan debt and more than half of them worry they may be unable to repay their obligations, according to a study from the Urban Institute's Opportunity and Ownership Project.
June 26 -
Signature Bank (SBNY) in New York City has hired a private-client team from Citigroup (NYSE: C) and added two more bankers to head its existing groups.
June 26 -
Banks have managed to sustain profit growth in recent quarters despite weak loan demand by refinancing large numbers of home loans and reducing loan-loss reserves. But those opportunities appear to be fading, which his raising concern about what will drive profits in the near term. Here's a look at what to expect for second-quarter results.
June 26 -
StoneCastle Financial is planning an initial public offering to raise up to $150 million for bank investments.
June 26 -
Bay Banks of Virginia in Kilmarnock plans to close a branch and begin offering mobile banking.
June 26 -
In an effort to simplify its mortgage process and improve compliance, BOK Financial (BOKF) in Tulsa, Okla., has chosen DocuTech's mortgage loan document software.
June 26 -
Avidbank Holdings (AVBH) in Palo Alto, Calif., has raised $16 million selling roughly 1.6 million shares of common stock in a private offering.
June 26 -
Technology CU announced this morning it has introduced a new way to help members avoid ATM surcharges with the debut of FeeAlert from Cardtronics.
June 26 -
Valley National Bancorp in Wayne, N.J., plans to redeem $15 million in trust-preferred securities.
June 26 -
The Federal Reserve Board has terminated a written agreement with Farmers Bank in Ault, Colo. The May 2010 pact obligated the $232 million-asset bank's directors to strengthen oversight of management.
June 25 -
Fulton Financial (FULT) in Lancaster, Pa., has lured a chief marketing officer from First Niagara Financial (FNFG).
June 25 -
The Consumer Financial Protection Bureau gave banks and nonbanks four tips on how to minimize the risk that its investigations blow up into an enforcement action.
June 25 -
Sens. Bob Corker and Mark Warner on Tuesday introduced their much-discussed proposal for reforming the mortgage finance market. The effort has continued to win plaudits from fellow lawmakers, regulators and the industry.
June 25 -
The $4.2 billion-asset, Conway, Ark., company will pay $280 million in cash and stock for the $2.9 billion-asset Liberty.
June 25



