Consumer banking
Consumer banking
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After months of operating without any major snags, the Consumer Financial Protection Bureau said Wednesday the current version of its consumer complaint database is here to stay.
October 10 -
Signature, a New York bank led by frugal CEO Joseph DePaolo, is laser-focused on commercial clients and niche lines in an age when others are trying to be all things to all people.
October 10 -
NBT Bancorp's agreement to buy Alliance Financial in New York is an M&A rarity a sizable deal between healthy seller that could signal more such transactions to come.
October 10 -
Banks have recovered maybe $1 billion in tax assets written down because of doubts about future profitability. As third quarter reports approach, that leaves more than $5 billion to go.
October 10 -
Kaiser Federal Bank in Covina, Calif., will be renamed Simplicity Bank, beginning Nov. 13, the bank's holding company said Tuesday.
October 10 -
Mortgage applications fell last week as interest rates rose slightly and falling demand for refinancing offset an increase in purchase applications.
October 10 -
Pinnacle Bank of Lincoln, Neb., would expand its presence in the Show Me State with its agreement to buy First State Bank of Joplin, Mo.
October 10 -
1st Constitution Bancorp (FCCY) in Cranbury, N.J., has raised roughly $5 million through a rights offering.
October 10 -
Robert M. Wilson, the president and chief executive of Cambridge Savings Bank, will resign from the Massachusetts company after having taken a medical leave earlier this year.
October 10 -
LCNB (LCNB) in Lebanon, Ohio, would expand into two new counties with its agreement to buy First Capital Bancshares in Chillicothe, Ohio, for roughly $19.6 million in stock and cash.
October 10 -
The Kansas City, Mo., firm blamed tougher capital rules for its decision to explore alternatives to the savings and loan holding company charter.
October 9 -
GREENBELT, Md. -- Educational Systems FCU, fresh off its merger with Rockville’s Montgomery County Teachers FCU, has begun construction on a new branch in nearby Prince Frederick, Md.
October 9 -
WEST JORDAN, Utah – Mountain America CU is opening its fourth Idaho branch and first in Boise.
October 9 -
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MIAMI LAKES, Fla. – JetStream FCU said yesterday it opened its newest branch last week in Carolina, Puerto Rico, near Luis Munoz Marin Airport.
October 9 -
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NBT Bancorp's agreement to buy Alliance Financial in upstate New York is an M&A rarity — a deal worth more than $200 million that involves a healthy seller. More deals like this are expected and would kick-start bank dealmaking.
October 9 -
The agency is cracking down on three mortgage relief firms that promise to help cash-strapped borrowers hold onto their homes while delivering little help and driving them deeper into debt.
October 9 -
In a video interview with American Banker, former FDIC Chairman Sheila Bair said that TAG should be extended, but phased out gradually over a two year timeframe.
October 9 -
Former FDIC Chairman Sheila Bair finally offers an opinion on whether to extend TAG, worrying that it's abrupt end would only help too big to fail banks and the money market mutual fund industry.
October 9




