Consumer banking
Consumer banking
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United Community Financial (UCFC) in Youngstown, Ohio, is looking to raise $5 million through a rights offering.
March 11 -
Michael Carrazza, a private equity investor who bailed out Patriot National Bancorp, is eager to make loans while searching for the optimal exit strategy.
March 11 -
The Comptroller of the Currency wants banks to hold more capital against mortgages in warehouse lending facilities, but small banks complain it could cripple a vital business.
March 11 -
Despite Republican claims to the contrary, the Consumer Financial Protection Bureau is accountable to lawmakers and the American public, Director Richard Cordray is expected to tell the Senate Banking Committee on Tuesday.
March 11 -
As a veteran senior executive in the male-dominated banking industry, Terri Dial left a void that has yet to be filled a year after her death.
March 11 -
Florida bank-buyer Bond Street Holdings bulked up on failure deals, took a 19-month break and has returned to M&A with the aim of $5 billion in assets by yearend.
March 11 -
The nonexistence of "too big to fail" is swell news. Now taxpayers can stop worrying about future bailouts, the Federal Reserve can ease monetary policy and the Justice Department can prosecute the banks purportedly "too big to jail."
March 11 -
Commercial and multifamily mortgage debt rose by 0.9% in the fourth quarter from a year earlier, to $21.8 billion, marking the highest year-over-year improvement since the second quarter of 2008, the Mortgage Bankers Association said Monday.
March 11 -
In the past, it was tough for customers to change banks. So, we could charge themand treat thempretty much as we pleased. Technology renders switching banks easier and cheapermaking banking more competitive, less profitable.
March 11 -
Community bankers should be more concerned about interest rate risk, mortgage rules and examiner's questions about strategic direction than anything the Consumer Financial Protection Bureau might do, regulators say.
March 11 -
Hanmi Financial Corp's talks with rivals about a possible sale have stalled because of disagreements over price and management, said people with knowledge of the matter.
March 11 -
Signature Bank in New York has hired eight bankers from Citigroup to run two private client banking teams.
March 11 -
U.S. companies are growing more cautious about tapping available credit lines even as large lenders up their credit limits.
March 11 -
Bank of the West in San Francisco is making a middle-market commercial lending push.
March 11 -
Even if regulators restrict banks' ability to charge overdraft fees, those consumers who value banks that cover their overdrafts will find a way to reward institutions providing the best service.
March 11 -
VantageScore's new credit scoring model ignores accounts that were referred to collection agencies but then paid off. The company cites cold, hard numbers for its decision to drop a controversial practice.
March 11 -
State regulators in Georgia Friday closed the $259 million-asset Frontier Bank in LaGrange, the fourth institution to fail this year.
March 8 -
Michael Duffy, president of Chase Paymentech, passed away Thursday night. He was 54.
March 8 -
Nationstar Mortgage Holdings was ordered to stop auctioning some home loans backing mortgage securities after an investor sued.
March 8 -
Christine Rush announced plans to retire as the $855 million-asset company's CFO on May 10, Old Line disclosed in a Friday filing with the Securities and Exchange Commission.
March 8





