Consumer banking
Consumer banking
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Lower yields and higher expenses weighed on Hudson City Bancorp (HCBK) in Paramus, N.J., in the third quarter.
October 24 -
Nationstar Mortgage and Ocwen Financial are battling to become the largest non-bank home-loan servicers in a consolidating industry.
October 24 -
Visa CEO Joseph Saunders will retire on November 1, giving the reins of the world's largest payments company to longtime JPMorgan executive Charles Scharf.
October 24 -
In a typical case, a short sale took nearly nine months, and extraordinary patience and tenacity, to get done. That's no way to stage a housing recovery. Streamline the process.
October 24 -
IberiaBank Corp. reported a hefty increase in earnings after lowering its loan-loss reserve and reporting loan growth.
October 24 -
The Consumer Financial Protectin Bureau will publish a final rule Wednesday to supervise firms with more than $10 million in annual receipts.
October 24 -
Regions Financial is proud that it is making money in spite of massive challenges. Analysts are worried about margin pressure but believe the company has
October 23 -
Ameris Bancorp (ABCB) in Moultrie, Ga., reported a 93% drop in earnings and missed projections by 10 cents per share in the third quarter.
October 23 -
Trustmark's company's earnings rose 2% from the second quarter and 9.5% from a year earlier, to $29.9 million. The Jackson, Miss., company said in a press release late Tuesday that higher revenue from insurance commissions and mortgages helped boost its bottom line.
October 23 -
Third-quarter income rose slightly for UMB Financial (UMBF) as the Kansas City, Mo., company reported higher average loan balances and noninterest expenses.
October 23 -
Borba, along with his brother John, Ron Kruse and others founded Chino Valley Bank in 1974 "with the vision of creating a community bank that could provide customized banking relationships to the many small businesses and business owners in the greater Chino area," the $6.3 billion-asset CVB said in a press release Tuesday.
October 23 -
ALTOONA, Penn. – Altoona Regional Health System FCU has hired national design form Momentum to build a new headquarters for the $26 million credit union.
October 23 -
VANCOUVER, Wash. -- Columbia CU has submitted a request to the city to build a second office building at its main operation center.
October 23 -
EDWARDSVILLE, Ill. – Fast-growing Scott CU officially opened its new 51,000-square-foot offices yesterday, more than tripling the size of its old headquarters in nearby Collinsville.
October 23 -
An agreement to purchase $5.9 billion of assets from the retail giant positions TD for further growth in the credit-card business, while providing a blueprint for future deals.
October 23 -
The Mortgage Bankers Association on Tuesday upwardly revised its forecast for residential origination this year to $1.7 trillion, citing low interest rates that have sparked a massive refinance boom.
October 23 -
The Federal Deposit Insurance Corp. has lifted a consent order against Metro Bank related to the bank's anti-money laundering and Bank Secrecy Act programs.
October 23 -
Gregory Mitchell, who left First PacTrust Bancorp last month, has joined First Tech Federal Credit Union as president and CEO. In a letter posted on First Tech's website, Mitchell admitted to having a credit union membership while running at least two banks.
October 23 -
Regulators are barring a Maryland bank holding company from paying shareholders and some creditors until it takes steps to boost capital.
October 23 -
American Heritage in California had been facing pressure from the OCC to diversity beyond SBA lending. Rather than reinvent itself, the bank found an eager buyer in Sterling Financial, a Spokane, Wash., company that wants to expand the SBA platform.
October 23


