Consumer banking
Consumer banking
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Buffalo-based M&T is offering myriad alerts and customizations of alerts, including "do not disturb" windows in which the bank should leave the customer alone.
September 17 -
Underserved consumers need access to high-quality small loans from financial institutions that are based on sound underwriting and include tools for budgeting and saving.
September 17 -
As new banking standards come into focus, the debate rages on about whether they will strengthen the financial system or merely bury it in red tape.
September 17 -
Polonia Bancorp in Huntington Valley, Pa., is giving investors a chance to buy more of its stock after a planned public offering started sluggishly.
September 17 -
BNC Bancorp in High Point, N.C., has completed its acquisition of KeySource Financial nearly 10 months after announcing the deal.
September 17 -
Three Ohio credit unions have completed a rare three-institution merger to form Pathways Financial Credit Union.
September 17 -
Flickers of life in the housing market are prompting homebuilders to seek revolving lines of credit from banks for the first time in several years. They are getting them, and money from the debt and equity markets, too.
September 17 -
Broadway Financial (BYFC) in Los Angeles has increased its 2011 loss by 45%, to $15.4 million, after restating its financial results.
September 17 -
The holidays came six months early for some credit unions this year, in the form of an NCUA ruling that allows remote teller technology to qualify as service facilities.
September 17 -
Congress has punched traditional bankers in the nose, and if we do nothing in the next 50 days, they will continue this abuse with impunity.
September 17 -
MISSION VIEJO, Calif. – Navy FCU will open a new branch here this morning, its 32nd in California, which will serve the 8,700 Department of Defense, military, civilian members, and their families in Orange County.
September 16 -
The Missouri Division of Finance closed the $282.3 million-asset Truman Bank in St. Louis on Friday. The Federal Deposit Insurance Corp. entered into an agreement with Simmons First National Bank in Pine Bluff, Ark., to buy the bank's assets and assume its $245.7 million in deposits.
September 14 -
First Bancshares (FBSI) in Mountain Grove, Mo., said that fewer troubled loans helped it turn a profit in the fiscal fourth quarter that ended June 30.
September 14 -
The FDIC is trying to help bankers prep for exams and more clearly understand the results as part of a broader effort at improving relations, Martin Gruenberg, the agency's acting Chairman, said.
September 14 -
Bank Marketing Strategy blogger Jim Marous, former senior director of marketing services at Harland Clarke, has been recruited to direct marketing agency New Control.
September 14 -
Level One Bancorp in Farmington Hills, Mich., is applying its experience working on failed banks to buy and integrate one that is merely struggling. Patrick Fehring, the company's CEO, says that experience integrating failed banks has prepared Level One to buy the struggling Oxford Bank.
September 14 -
The Basel III capital proposals would severely restrict already weak lending at community banks and has to be changed, panelists said at American Banker's Regulatory Symposium. But international politics and legal requirements will make them hard to change, they acknowledged.
September 14 -
Mary Miller, the U.S. Treasury under secretary for domestic finance, praised the Dodd-Frank Act in a speech at American Banker's Regulatory Symposium Friday.
September 14 -
Regulators should re-examine how they classify deposits, or more banks could be classified as troubled. That was the view of a panel on the Transaction Account Guarantee program at American Banker's Regulatory Symposium.
September 14 -
By prodding Freddie Mac to pursue more loan putbacks, the FHFA's inspector general has proven itself willing and able to force confrontation between the GSEs and their customers.
September 14



