Consumer banking
Consumer banking
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Provident Financial Holdings (PROV) in Riverside, Calif., has increased its fiscal-year first-quarter earnings after uncovering an accounting error.
November 9 -
Dozens of community banks may freeze their pension plans over the next several years, as they seek to cut costs and limit their potential liabilities. One that did so is Rockville Financial, whose CEO says it could no longer justify to shareholders the expense of a pension.
November 9 -
MoneyGram International has set aside $100 million for victims of consumer fraud scams as part of an effort to settle an investigation by the Justice Department and U.S. Attorney's Office for the Middle District of Pennsylvania.
November 9 -
President Obama's re-election will speed up implementation of Dodd-Frank, increasing regulatory burden and potentially spurring some bankers to finally sell.
November 9 -
The Dodd-Frank Act, sold to the public as the tamer of the Wall Street titans, may well end up having a disproportionate impact on smaller institutions, thanks to the costs of capital implications of being "not too big to fail" and the advent of the CFPB.
November 9 -
Community & Southern Holdings has agreed to acquire a branch in metro Atlanta from Ameris Bancorp.
November 9 -
The bank for Great Southern Bancorp (GSBC) in Springfield, Mo., has agreed to sell its travel agency and insurance units so it can focus on its core business.
November 9 -
The results from the latest J.D. Power report are a validation of Huntington's recent efforts to strengthen its small-business banking capabilities.
November 9 -
Massachusetts' Senator-elect may be public enemy No. 1 among bankers, but Citizens Republic CEO offers this reassurance: "She's but one vote."
November 9 -
BETHESDA, Md. – Navy FCU is opening a new branch tomorrow at Walter Reed National Military Medical Center, adjacent to the new 150,000 square-foot Navy Exchange shopping mall on Wisconsin Ave., and a stone’s throw from the Washington D.C., border.
November 9 -
It was a privilege and a learning experience to meet some old-school bankers during my travels as an examiner some 50 years ago. Here are some who left lasting impressions.
November 9 -
Critics claim a Dodd-Frank rule to bar banks from relying on ratings agencies to assess the value of their investments will increase compliance costs, spur concentration and even shrink investment income.
November 8 -
SPOKANE, Wash. – Spokane Teachers CU opened a new branch in Moran Prairie and has acquired land for an additional branch downtown.
November 8 -
California Republic Bancorp (CRPB) in Newport Beach, Calif., has completed a securitization of nearly $183 million of prime indirect automobile loans.
November 8 -
Anchor BanCorp Wisconsin in Madison managed to push capital ratios at its thrift a bit closer to well-capitalized status during the third quarter, despite posting another loss.
November 8 -
Capital One Financial (COF) has $36.4 billion of loans outstanding in the three states hardest hit by superstorm Sandy but says is too soon to know what percentage those loans are at risk of default as a result of the property damage.
November 8 -
In update of the FDIC's community bank initiatives, officials reveal a Web-based feature designed to ensure examiner data requests are germane to individual exams.
November 8 -
Regulators have ordered Foster Bankshares in Rolling Meadows, Ill., to refrain from paying shareholders and some creditors until the company proves that it can cover its operating expenses.
November 8 -
Pan American Bank didn't let President Obama rest the day after his reelection. It urged him in a video Wednesday to make financial literacy and serving the unbanked a priority.
November 8 -
BankFinancial (BFIN) in Burr Ridge, Ill., is considering an aggressive plan to scrub its balance sheet of troubled assets by the end of the year.
November 8


