Consumer banking
Consumer banking
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Getting a good deal is sometimes about more than fetching top dollar, as private-equity investors in West Coast Bancorp demonstrate in their agreement to sell to Columbia Banking.
September 27 -
Servicers reported a significant increase in the number of new loan modification trial plans in the second quarter, due mostly to the $25 billion mortgage settlement, OCC officials say.
September 27 -
By proposing to design regulations intended to shape state laws and practices, the FHFA is picking a fight with the states that will overshadow any economic benefit from risk-based pricing.
September 27 -
Flagstar, the $14.3 billion-asset company's board Tuesday approved a reverse split of outstanding shares that will give holders of Flagstar common stock prior to Oct. 24 one share for every 10 they own.
September 27 -
Umpqua Bank will open its first retail branch in San Jose early next year as part of its continued expansion in the Bay Area.
September 27 -
Naugatuck Valley Financial in Connecticut has named William C. Calderara its president and chief executive.
September 27 -
U.S banks — with PNC and U.S. Bancorp being only the latest — have been the targets of cyber attacks all week. How can they protect themselves?
September 27 -
First Bancorp in Troy, N.C., has agreed to buy a branch from Four Oaks Fincorp in Rockingham and will also acquire $64 million in deposits and $22 million in loans associated with a branch in Southern Pines.
September 27 -
Discover Financial Services (DFS) earned $621 million for its third quarter ended August 31, 2012, up 3% from the same period year earlier, the company said Thursday.
September 27 -
MidSouth Bancorp (MSL) in Lafayette, La., is expanding northward with an agreement to buy PSB Financial in Many, La., for $39 million.
September 27 -
Mortgage performance at national banks improved slightly in the second quarter, and seriously delinquent loans were at their lowest level in three years, the OCC said Thursday.
September 27 -
TAMPA, Fla. – Suncoast Schools FCU has opened four middle and elementary in-school branches in Hillsborough, Citrus and Collier counties, including FishHawk Creek Elementary School in Lithia.
September 26 -
Taylor Capital (TAYC) will take a $3.7 million charge for the third quarter after its bank decided to extinguish some of its outstanding debt.
September 26 -
Both PNC and U.S. Bancorp said Wednesday that customers encountered delays when trying to bank online, bringing to at least five the number of banks that have experienced Internet slowdowns since a cyber-threat against American banks emerged last week.
September 26 -
Wells Fargo, one of the banking companies that has settled charges of mistreating military customers, has created a new military services program and promoted Maj. Jerry Quinn to lead it.
September 26 -
West Coast Bancorp's pending $506 million sale to Columbia Banking System could serve as a green light for private equity firms itching to cash out of post-crisis bank investments.
September 26 -
Banks can retain loyalty while changing their checking account fee structures by personalizing their service practices, continually improving upon the customer's experience and leveraging data generated by their call centers.
September 26 -
While criticizing big bank bailouts, the former FDIC chairman highlights instances where small firms — including United Commercial Bank and ShoreBank — were closed even with alternatives available.
September 26 -
Flagstar Bancorp (FBC) in Troy, Mich. must stand trial over charges it breached contracts for financial guaranty insurance on roughly $1 billion in residential mortgage-backed securities it issued during the run-up to the financial crisis.
September 26 -
Interchange has become an ever-more important foundation for credit card lenders as loan portfolios tread water. This interactive graphic shows revenue yields and transaction volume data for large issuers.
September 26



