Consumer banking
Consumer banking
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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 -
Tri-Valley Bank in San Ramon, Calif., has completed a private placement that it said will shore up regulatory capital and support growth.
September 14 -
Prosecutors overreached in suing Luther Burbank Savings, which has agreed to settle charges its single-family mortgages were discriminatory, the bank's lawyer said at American Banker's Regulatory Symposium. He's wrong, a Justice official replied.
September 14 -
Brian Pearce, head of mobile channels for Wells Fargo, says the bank is ushering in a "mobile unique" era.
September 14 -
ALEXANDRIA, Va. – NCUA said this afternoon it gave away IBM laptop computers to 14 small credit unions in order to help them file quarterly financial reports with the credit union regulator, as part of its Small CU Initiative.
September 14 -
Oriental Financial Group in San Juan, Puerto Rico, is looking to raise $36 million of common equity.
September 14 -
SunTrust is making five days' worth of imaged checks available on its new app for Apple and Android devices.
September 14 -
Improving the customer experience was a major theme emerging from the demos displayed during day two of FinovateFall, a two-day event showcasing financial services innovations from startups and established fintech companies.
September 14 -
Heritage Financial (HFWA) is buying Northwest Commercial Bank of Lakewood, Wash.
September 14 -
Bank of America (BAC) has agreed to compensate mortgage loan applicants who alleged the bank discriminated against some borrowers who received disability income.
September 14 -
The U.S. banking arm of Bank of Montreal said the cuts will take place at a data center in Sun Prairie and a mortgage underwriting office in Cedarburg.
September 14 -
Slavie Federal Savings Bank in Bel Air, Md., is taking steps to shore up its regulatory capital.
September 14 -
Mortgage lenders get clarity from Fannie and Freddie; Capital One CEO fears competition from mobile players; former IndyMac CEO fights the SEC.
September 14 -
FirstMerit will have to spend major investor equity to buy struggling Citizens Republic, but its shares are strong enough to afford the deal and the fit would be that good, FirstMerit CEO Paul Greig says.
September 13 -
ALEXANDRIA, Va. – Pentagon FCU has opened a new branch at Pentagon City, the office and shopping mall development across the street from the Pentagon.
September 13




