Consumer banking
Consumer banking
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Patterns in the private student-lending industry are dangerously similar to those seen in the housing market prior to its collapse, according to a study expected to be released Friday by the Consumer Financial Protection Bureau.
July 20 -
DALEVILLE, Ala. – Army Aviation Center FCU opened its new operations center, a 42,500-square-foot building that cost $8 million to build.
July 19 -
CENTERVILLE, Utah – America First CU said it will maintain a branch at the Dick’s grocery store that closed last Saturday.
July 19 -
HOUSTON – Texas Dow Employees CU has increased its lease commitment in the Marathon Oil Tower, a 41-story building in the Galleria area of Houston.
July 19 -
The Federal Reserve Board has put the kibosh on Virginia Commerce Bancorp's plan to start paying back the Treasury Department this summer.
July 19 -
The FDIC wants banks to remove its name from a fee that covers their deposit insurance assessments. Bankers say the instruction runs counter to complaints that bank fees are often too vaguely defined.
July 19 -
AmericanWest in Spokane, Wash., announced Thursday it plans to acquire the $221 million-asset Inland Community Bank for $23.7 million, or 95% of its book value. It is AmericanWest's third acquisition in California in a year.
July 19 -
Porter Bancorp (PBIB) of Louisville, Ky., did not have to look far to find the new leader for its struggling bank.
July 19 -
The Federal Reserve Board has ended a written agreement with Premier Financial that required the Dubuque, Iowa, company to develop a plan to maintain sufficient capital and an adequate allowance for loan and leases losses.
July 19 -
American Express is downplaying concerns over the impact of a proposed settlement in a longstanding retailers' lawsuit against Visa and MasterCard.
July 19 -
KeyCorp, which is still seeing expenses eat up more than two-thirds of its revenues, will cut costs and close branches in an effort to lower its efficiency ratio.
July 19 -
A proposal by San Bernardino County to use eminent domain to take control of underwater mortgages would hurt government-sponsored entities Fannie Mae, Freddie Mac and the Federal Home Loan Banks. It would also hurt plans to reduce the government's role in housing.
July 19 -
Magna Bank in Memphis, Tenn. has switched to a state charter, dumping the Office of the Comptroller of the Currency in favor of a state regulator that management believes is more familiar with its local market.
July 19 -
"The Daily Show" host took several sharp stabs at the growing Libor scandal on Wednesday night, equating the bankers that manipulated the interbank lending rate with the villains of a "Da Vinci Code"-type thriller.
July 19 -
Its second-quarter earnings were noisy, but the McLean, Va., company appears poised for a comeback in the second half of 2012.
July 19 -
From the Card Act to the CFPB to Durbin, new regulations succeed only in raising the prices or crimping availability of financial services. Memo to politicians: Google "unintended consequences."
July 19 -
A growing number of banks are opting to dive into the still immature market for data breach insurance as the risks of doing without coverage mount.
July 19 -
Improved asset quality and sharp decline overhead expenses in the second quarter powered CVB Financial (CVBF) in Ontario, Calif., to its most-profitable quarter in its 38-year history.
July 19 -
Fifth Third Bancorp (FITB) boosted quarterly profits thanks to slightly stronger revenue and a special gain associated with a former processing unit.
July 19



