Consumer banking
Consumer banking
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Fentura Financial (FETM) in Fenton, Mich., has gotten approval for the appointments of two key executives.
June 18 -
MidSouth Bancorp (MSL) in Lafayette, La., announced Monday that it is buying two branches in Baton Rouge from rival Hancock Holding (HBHC).
June 18 -
Bank of Virginia (BOVA) in Midlothian is seeking more capital to fuel bank acquisitions following a prolonged restructuring.
June 18 -
Five years after embarking on a path to become a bank holding company, specialty lender CapitalSource is almost there. Tad Lowrey, the CEO of CapitalSource Bank, thinks the Fed will approve an application next year, now that company is "smaller, simpler and cleaner."
June 18 -
BB&T (BBT) Chief Executive Kelly King urged his fellow bankers Monday to vote against politicians who favor more regulation of the private sector and replace them with leaders who have more faith in the free markets.
June 18 -
Equity Residential, the largest U.S. publicly traded apartment owner, is close to a deal to buy the Beatrice luxury tower in Manhattan's Chelsea neighborhood for $280 million, expanding in New York as rents jump.
June 18 -
The Federal Housing Administration has rescinded guidelines that would have made it harder for consumers to qualify for a mortgage if they have a collection action or disputed credit account of at least $1,000.
June 18 -
First Midwest Bancorp (FMBI) in Itasca, Ill., has named Thomas M. Prame its director of retail banking, a newly created position in which he will be responsible for the bank's 100-branch network and oversee the expansion and development of its retail products and services.
June 18 -
The investment bank, which specializes in research, says it has begun covering the online auction and shopping company because of its ecommerce unit, PayPal.
June 18 -
Two payday lenders have filed suit against the city of Austin, Texas, claiming that new regulations restricting where payday lenders can operate and how much they can lend to one borrower violate state laws.
June 18 -
We finally have a regulator with no mandate to preserve banks' image. To protect consumers, the CFPB must assure that those who cheat them are punished. New rules won't help if we don't enforce the old ones.
June 18 -
Bankers, regulators and consumer advocates debate the best ways to serve low-income and underbanked consumers.
June 18 -
Center Bancorp (CNBC) of Union, N.J., has taken another step in its plan to bulk up in northern New Jersey.
June 18 -
An estimated 720 different collection agencies and creditors were sued between May 16-31, according to data from U.S. District courts. The number is up from the May 1-15 total of 605.
June 18 -
State regulators closed banks in Georgia, Florida and Tennessee on Friday, making June a busy month for failures.
June 15 -
A lawsuit has been filed against Peoples Bancorp of North Carolina (PEBK) alleging that the Newton company failed to operate its overdraft program in line with its customer account agreement.
June 15 -
Deal for Piraeus' Marathon Banking unit in U.S. satisfies Investors' M&A ambitions in New York for now, CEO Kevin Cummings says.
June 15 -
The six largest credit-card lenders saw further improvements in borrower behavior in May, even as choppy economic data spark concerns over the financial state of U.S. consumers.
June 15 -
Avidbank in Palo Alto, Calif., will open a loan production office in downtown San Jose next week.
June 15 -
With Congress nearing a vote on a new Farm Bill that will set agricultural policy for the next five years, the banking industry is urging lawmakers to resist efforts to weaken the federal crop insurance program.
June 15




