Consumer banking
Consumer banking
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Chemical Financial (CHFC) in Midland, Mich., managed to boost quarterly earnings with higher interest income and lower credit costs.
October 22 -
F.N.B. Corp. (FNB) in Hermitage, Pa., said late Monday it had agreed to buy Annapolis Bancorp (ANNB), which owns the Bank of Annapolis, for $51 million in stock.
October 22 -
Eagle Bancorp's earnings rose 51% from a year earlier as the Bethesda, Md., made more loans and collected lower-cost deposits.
October 22 -
First Defiance Financial (FDEF) in Defiance, Ohio, reported third-quarter income of $5.4 million, up 32% from a year earlier, as credit costs dissipated.
October 22 -
Zions Bancorporation (ZION) in Salt Lake City reported lower third-quarter earnings but still managed to meet analysts' expectations.
October 22 -
The CFPB said Monday it is now accepting complaints related to consumer reporting agencies, a.k.a. credit bureaus.
October 22 -
Grandbridge Real Estate Capital, a wholly owned subsidiary of BB&T (BBT), is buying Dwyer-Curlett & Co., a commercial real estate finance firm based in Los Angeles.
October 22 -
It's senseless for most bank sellers to hold out for much more than 200% of tangible book value in today's world. It's better to sell early for a realistic price, experts say.
October 22 -
Discover Financial Services (DFS) updated its iPhone mobile app last Wednesday to include reward redemption functionality for its partner gift cards, electronic gift certificates and Discover gift cards.
October 22 -
Mortgage software provider Ellie Mae is adding features to its Encompass360 software platform that can streamline production of loan documents.
October 22 -
PayPal, in a recent agreement with MoneyGram International, is demonstrating once again that digital payment systems aren't fighting cash — they are fueled by it.
October 22 -
In detailed comment letters, banks expressed despair over the hardships they will face if regulators implement Basel III capital and liquidity rules.
October 22 -
The New York-area thrift is benefiting from an effort to make more multifamily and commercial real estate loans and has no immediate interest in selling itself, CEO Monte Redman says in a wide-ranging Q&A.
October 22 -
The simmering controversy over American Express' Bluebird card typifies a classic debate: When do regulations that ostensibly protect the public from shady operators really just protect incumbent businesses from competition?
October 22 - Georgia
C&I lending exploded at SunTrust in the third quarter, it cleared its balance sheet of some lingering problems and CEO Bill Rogers is bullish on mortgages. But the question remains whether the Atlanta company will need to do more to exorcise the past.
October 22 -
Independence Federal Savings Bank in Washington, D.C., has agreed to improve its practices in return for a promise by regulators to refrain from further enforcement action.
October 22 -
Signature Bank (SBNY) in New York has added to its presence on Long Island by hiring a team of private-client bankers.
October 22 -
The Small Business Administration said Monday that agency-guaranteed loans to exporters rose about 1%, to $923 million, for the 12 months that ended Sept. 30. The loans supported $1.7 billion in small-business exports, according to the agency.
October 22 -
Attention has largely been focused on merchants seeking to opt out of the deal. But if the Justice Department were to object to the agreement's terms, the judge would likely listen, observers say.
October 22



