Consumer banking
Consumer banking
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Solera National Bank is looking to double its loan portfolio in the next year now that it is no longer operating under a consent order from the OCC.
July 12 -
Dongle doppleganger causes friction between mobile payment providers.
July 12 -
Washington Federal (WAFD) in Seattle reported that its quarterly earnings totaled $35.2 million, up almost 17% from a year earlier despite a drop in net interest income.
July 12 -
When smaller financial institutions, such as credit unions, are inundated with regulations from multiple agencies simultaneously, their ability to meet the needs of members is hampered and services are curtailed.
July 12 -
Banks are allowed to pass on costs related to FDIC premiums, but the agency is warning the industry that expressly designating an 'FDIC fee' has consequences.
July 12 -
The former chief executive officer of Virginia's Bank of the Commonwealth was among six people indicted for an alleged fraud conspiracy involving a coverup of the bank's financial condition from 2008 to 2011.
July 12 -
Financial firms are raising less capital as domestic and international concerns abound.
July 12 -
How ironic to see banks complain about being victimized by nuisance lawsuits filed by consumers over missing warning notices at ATMs notices that were required to stop banks from victimizing consumers with nuisance charges at ATMs.
July 12 -
The lawsuit, filed on behalf of a Baton Rouge, La., man suffering from Alzheimer's disease, accuses a banker from JPMorgan Chase of using a debit card to steal $300 a day for more than a year.
July 12 -
Colony Capital LLC is one of the winning bidders on a Fannie Mae REO sale sponsored by the Federal Housing Finance Agency, according to bidders and other sources familiar with the matter.
July 12 -
San Bernardino County is weighing a controversial plan to use eminent domain to modify underwater mortgages, even as the countys largest city seeks bankruptcy.
July 12 -
A fraud case that contributed to the recent failure of Montgomery Bank in Georgia could lead to more regulatory scrutiny when community banks look for outside investors.
July 12 -
Wells Fargo — the nation's largest funder of home mortgages through loan brokers — is calling it quits on wholesale lending, dealing yet another devastating blow to this struggling origination channel.
July 12 -
Commerce Bancshares in Kansas City, Mo., reported second-quarter income of $74.3 million, up more than 7% from a year earlier, as credit quality continued to improve.
July 12 -
Wells Fargo (WFC), the largest U.S. mortgage lender, will pay $125 million to settle federal claims it violated fair-lending laws, according to a person with direct knowledge of the agreement.
July 12 -
Lenders are notifying more delinquent homeowners they face foreclosure, a step toward clearing a backlog of properties and helping to accelerate a housing recovery, according to RealtyTrac.
July 12 -
Georgetown Bancorp in Massachusetts has raised $11 million and completed its conversion to a stock-owned firm from a mutual holding company.
July 12 -
GREENWOOD VILLAGE, Colo. – Bellco CU celebrated its newly relocated downtown Denver branch with a grand opening this week, the third branch opened by the $2-billion credit union so far this year.
July 11 -
TULSA, Okla. – Oklahoma Central CU celebrated its new headquarters and branch Tuesday at the former site of the historic Camelot Hotel, which was torn down nearly five years ago.
July 11 -
ST. PAUL, Minn. – Affinity Plus FCU has rolled out a new branch format that it said transforms member service reps into “multi-purpose member advisors.”
July 11




