Consumer banking
Consumer banking
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First State Community Bank in Farmington, Mo., which has done several M&A deals in recent years, benefits again as B of A and smaller banks look to streamline their operations.
November 21 -
Willing sellers have pretty much replaced failed banks among targets with less than $1 billion of assets. Volume has perked up in other size classes simultaneously.
November 21 -
In a court filing this week, the Department of Justice rejected a Texas bank's claim that the Dodd-Frank law, and the CFPB in particular, were unconstitutional and harmful to financial institutions.
November 21 -
Community banks in energy-rich North Dakota are having to get regulators' approval to buy houses for their employees, who can no longer afford to live there.
November 21 -
Target, the nationwide merchandiser, my lead a Christmas season rush toward alternatives to bank-run payment systems.
November 21 -
Forget directing downsized staffs to sell based on a particular person's share of wallet. Today's customers can tell the difference between brands that push products and brands that are genuinely trying to solve their problems.
November 21 -
A bill that would exempt homeowners from having to pay taxes on principal reductions and other forms of debt cancellation will expire at the end of the year if Congress doesn't pass an extension.
November 21 -
Mortgage applications fell last week after interest rates edged up and consumers dialed back on refinancing.
November 21 -
As the Consumer Financial Protection Bureau streamlines mortgage disclosure forms, banks worry that the proposed simplification may become a burden.
November 21 -
As competition has intensified, prepaid card providers are aiming to tap into the added revenue that comes with customer loyalty.
November 21 -
A lawsuit that charges a Lebanese bank with using a New York account to transfer millions of dollars the bank knew would benefit Hezbollah can go forward in New York, the state's highest court ruled on Tuesday.
November 21 -
BOCA RATON, Fla.--Intercontinental Warranty Services, Inc. (IWS), a provider of after-market vehicle protection services to credit unions, said it is selling certain assets to a Chicago area-based affiliate of Kingsway Financial Services Inc. Current management, led by CEO James H. Hawk, will remain in place.
November 21 -
All mortgage lenders should voice their objection to the NMLS' efforts to include non-mortgage industries such as pawnbrokers, debt collectors and even used car financing companies in its registry.
November 21 -
State Street, the third-largest custody bank, said Edward Resch will retire next year as chief financial officer after more than a decade in the role.
November 21 -
Glenn S. Welch will become CEO of the company and its Hampden Bank effective Jan. 1. He is replacing Thomas R. Burton, who is retiring, the $611 million-asset company said Tuesday.
November 20 -
The Consumer Financial Protection Bureau is "attempting an ambitious project required under Dodd-Frank to consolidate overlapping disclosures," writes American Banker's Joe Adler.
November 20 -
Citing several lawsuits as evidence, activists say the bank's "abusive" lending practices triggered waves of foreclosures in low-income neighborhoods.
November 20 -
Ovation Holdings will acquire two branches in southwest Florida from Liberty Bank, as the Iowa thrift seeks to exit Florida.
November 20 -
First Citizens BancShares (FCNCA) of Raleigh, N.C., wants to open a regional headquarters in Jacksonville, Fla., and add other offices in the area.
November 20 -
Housing industry officials applauded the CFPB's bid to streamline mortgage disclosures, but they are now expressing concern about the more inclusive APR requirements and limits on changes in costs that can vary over time.
November 20






