Consumer banking
Consumer banking
-
American Banker's Robert Barba on how Kansas has become fertile territory for bank deals and why more are in the works.
July 6 -
Henry Michaels and Jerry Wiant of RBC Capital Markets give their outlook for deals and pricing, discuss why taking stock can still be a good thing for sellers and advise bank buyers to manage investor expectations.
July 6 -
Preferred Bank (PFBC) in Los Angeles is set to post its first loss since the fourth quarter of 2010 following unexpected write-downs on two loans.
July 6 -
Frederick County Bancorp in Frederick, Md., said Friday that its second-quarter earnings rose nearly 140% from the same period last year, to $448,000, due to improved credit quality and sharply lower deposit costs.
July 6 -
Three California local governments may use their eminent domain powers to seize mortgages and restructure them to help distressed borrowers stay in their homes — much to the dismay of investors who hold the mortgages.
July 6 -
Wayne Savings Bancshares (WAYN) in Wooster, Ohio, is exiting the trust business and transferring its $40 million of trust assets to Thomasville Bancshares in Georgia.
July 6 -
Visa Inc. (V) and MasterCard Inc. (MA), the biggest payment networks, are prepared to settle a seven-year lawsuit brought by retailers to cut their credit-card costs later this month, three people briefed on the talks said.
July 6 -
The biggest U.S. mortgage lenders, whose first-quarter earnings were buoyed by gains on home loan refinancings, are raking in more profits as record-low interest rates and government efforts prolong the boom.
July 5 -
Small Sacrifices app encourages customers to channel coffee and cigarette buying habits into savings goals.
July 5 -
Seacoast Commerce Bank (SCCB) said Thursday that it opened a second branch in the San Diego area and relocated its headquarters to that new branch.
July 5 -
Bank of America and Citigroup will be joining some of their largest competitors in offering customers simpler checking account disclosures, the banks confirmed Thursday.
July 5 -
Silicon Valley Bank in Santa Clara, Calif., has opened a new back office facility in Tempe, Ariz., that it says will eventually house nearly 500 employees.
July 5 -
There are legitimate reasons to want to wind down Fannie Mae and Freddie Mac. Unfortunately, we haven't stopped talking about the specious ones.
July 5 -
Montgomery County, Maryland, has picked five community banks to receive $10 million in county deposits. But the banks must make twice that amount in commercial loans to local businesses.
July 5 -
Jerome Byers, Citigroup's new head of small business banking, discusses priorities for the unit and his own past as a small-business owner.
July 5 -
The Federal Reserve Board terminated written agreements with bank companies in Minnesota and Oregon and entered into a new one with a Maryland company.
July 5 -
The biggest U.S. mortgage lenders — such as Wells Fargo and JPMorgan Chase, whose first-quarter earnings were buoyed by gains on home-loan refinancings — are raking in more profits as record-low interest rates and government efforts prolong the boom.
July 5 -
Two more banks are seeking to deregister their common stock following the passage of the Jumpstart Our Business Startups Act, citing potential savings on compliance costs.
July 5 -
The Twitter account @NeedADebitCard calls attention to people who inexplicably decide to broadcast their debit account details in online photos.
July 5 -
Not adjustable rate, variable rate. Unlike the ARMs we know here in the U.S., Canada's VRMs solve the vexing trade-off between monthly payment risk and interest rate risk. The product deserves a close look here south of the border.
July 5




