Consumer banking
Consumer banking
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Organic loan growth and expense control are the top priorities at F.N.B. and People's United, but their CEOs also eager to accelerate expansion in markets where they are relative newcomers.
February 27 -
Healthier sellers are searching for growth partners instead of saviors, and buyers seeking greater density in their current markets are ready to oblige.
February 27 -
Rep. Maxine Waters, the top Democrat on the House banking panel, signaled her support for two key credit union bills to expand business lending and access supplemental capital.
February 27 -
The credit-card issuer is making a bid to become a player in the growing world of branchless consumer banking.
February 27 -
Large banks have been relatively inactive in the market for targets with less than $2 billion of assets, once a staple.
February 27 -
Summit State Bank (SSBI) in Santa Rosa, Calif., has added Brad Baker to its board.
February 27 -
Nearly a year after legislation let more banks stop filing with the SEC, management teams continue to evaluate lower costs against having to move to lesser-known stock exchanges.
February 27 -
Louisiana Bancorp (LABC) in Metairie has wound up one stock buyback program and is beginning another.
February 27 -
Susquehanna Bancshares (SUSQ) in Lititz, Pa., has settled a lawsuit with customers who challenged the $18 billion-asset company's overdraft fees.
February 27 -
Wells Fargo (WFC) said faulty mortgages could cost the company as much as $2.4 billion beyond its reserves, an increase of $300 million from a year earlier. The bank also trimmed its estimate of possible legal costs.
February 27 -
Khanh Vuong has been named senior vice president and chief risk and investment officer for the company, which owns the $2.9 billion-asset Kearny Federal Savings Bank.
February 27 -
The fact that the bulk of the relief from the national mortgage servicing settlement is going to short sales is a huge victory for the economy, consumer advocates' howls notwithstanding.
February 27 -
Smaller financial institutions should lend outside of a new ultra-safe class of mortgages created by the Consumer Financial Protection Bureau, according to Richard Cordray, the agency's director.
February 27 -
First PacTrust Bancorp in Irvine, Calif., unveiled a management team for the residential warehouse lending division it is set to launch next month.
February 27 -
Patriot National Bancorp in Stamford, Conn., has appointed one of its director to become its chief executive.
February 27 -
Directors can stay ahead of the curve by visiting the "factory floor," aligning compensation with compliance and requiring explanations when business management fails to self-identify issues.
February 27 -
HARRISBURG, Penn. Pennsylvania State Employees CU, which is building a huge new headquarters, has put its current offices on the market for $9 million.
February 26 -
American Banker has won three Society of American Business Editors and Writers 2012 Best in Business awards, in the categories of Commentary, Investigative and Explanatory journalism.
February 26 -
JPMorgan Chase on Tuesday convened its top executives to discuss its growth strategies. Expansion will be hard as it cuts 17,000 jobs over two years, wrestles with new regulations and rethinks branching.
February 26




