Consumer banking
Consumer banking
-
Though regulators gave community banks an exemption for balloon mortgages, they carved out such a narrow definition that some banks would be forced to stop making them.
February 25 -
JPMorgan Chase (JPM) has persuaded a federal judge to dismiss a lawsuit that sought tens of thousands of dollars in overtime pay for its assistant branch managers.
February 25 -
Home equity lending remains miles away from growth, despite anecdotal evidence of a comeback and rising real estate prices that are fortifying loans already on the books.
February 25 -
A century and a half ago, the National Bank Act was born with a mission to promote a strong, vibrant national banking system. What it created was a dual banking system that has been meeting the changing needs of bank customers ever since.
February 25 -
A California man has been accused of running a scheme to prevent banks from foreclosing on properties.
February 25 -
The Treasury Department has begun an auction for its Troubled Asset Relief Program stake in nine more banks.
February 25 -
Huntington Bank (HBAN) is joining with Michigan State University to give fans of the school's football team a new way to show their pride.
February 25 -
Visa is teaming up with phonemaker Samsung Electronics to provide a financial program to enable mobile handsets to be used like a credit or debt card.
February 25 -
Rheo Brouillard, a longtime director at Bankers' Bank Northeast, was tapped to succeed Ralph Shulansky, who died of a heart attack last month.
February 25 -
Credit Suisse may be facing a probe by the Department of Justice over the company's sale of securities backed by residential mortgages, Reuters reported Friday, citing people familiar with the matter.
February 25 -
Take the Federal Housing Administration out of HUD and put it under a commission. A self-funded, independent government corporation would be a major step toward comprehensive housing finance reform.
February 25 -
Michael Crowley Jr., the chief executive at Bank Mutual in Brown Deer, Wis., is stepping down after 45 years with the company.
February 25 -
CO-OP Financial Services hopes the model used in one of the oldest staples of credit union cooperation, the shared branch, can drive new digital commerce innovation such as person-to-person payments and mobile remote deposit capture.
February 25 -
Most large banks are competing to build bigger and better branches, but HSBC is betting that smaller is smarter.
February 25 -
Seacoast Commerce Bank in San Diego has named David Bartram its new chief operating officer.
February 25 -
U.S. banks are looking to capitalize on a dearth of financing for Europe's commercial property market that's driven lending margins to five times the level prior to the 2008 crisis.
February 25 -
Royal Bank of Scotland Group will signal next week it plans to sell a 15% to 25% stake in Citizens Financial Group in Providence, R.I., according to a person familiar with the plan.
February 23 -
-
Prepaid card issuer Green Dot (GDOT) has extended its payment processing contract with Total System Services (TSS), the prepaid company disclosed in a Securities and Exchange Commission filing Friday.
February 22 -
Lead Bank in Garden City, Mo., plans to expand the range of services it offers by becoming a state-chartered trust company.
February 22


