Consumer banking
Consumer banking
-
In what would be its first acquisition in nearly a decade, Peoples Bancorp (PEBO) in Marietta, Ohio, announced Tuesday that it is buying Sistersville Bancorp in West Virginia for $9.8 million in cash.
June 5 -
Mortgage servicing company Nationstar Mortgage Holdings Inc. (NSM) has agreed to acquire roughly $10.4 billion in residential mortgage servicing rights from Bank of America Corp. (BAC) in a co-investment with Newcastle Investment Corp. (NCT).
June 5 -
OGDEN, Utah – Goldenwest CU plans to open a branch inside Dick’s Market grocery store in Centerville.
June 4 -
RALEIGH, N.C. – State Employees’ CU celebrated its 75th anniversary yesterday with the opening of a new branch in Durham Lowe’s Grove, the site of the state’s first rural credit union in 1916.
June 4 -
BNC, of High Point, N.C., would pay $35 million for First Trust, its fifth deal in the Carolinas in nine months.
June 4 -
BDO Consulting was hired as the primary firm responsible for monitoring compliance with the $25 billion settlement.
June 4 -
-
A Texas investor has filed a suit against former top executives at a failed Tennessee bank seeking to recover the nearly $1.2 million he pumped into the bank during a 2010 stock sale.
June 4 -
Blanket condemnations of financial institutions serving college students have failed to grasp the differences between the approach taken by banks and their nonbank competitors.
June 4 -
Recent proxy battles show that the high-stakes clashes are getting pricey for management teams and irate shareholders.
June 4 -
When making a point to banker groups about how much the week-to-week banking habits of Americans have changed in recent years, one simple question tends to create much side chatter, nods and chuckles.
June 4 -
Concord Bank of St. Louis has named Lance Greunke as interim chief executive and president to replace Tony Feraro, who died in May.
June 4 -
BB&T (BBT) of Winston-Salem, N.C., has launched an account designed for teenagers that comes with a prepaid card, reloadable Visa card.
June 4 -
Marion Sandler, the co-chief executive at Golden West Financial in Oakland, Calif., for more than four decades, has died at the age of 81.
June 4 -
Barclays unveiled a video featuring David Hasselhoff earlier this month, as the pop-culture icon cheered on a customer shopping with the bank's new U.K. PayTag device.
June 4 -
Freed from an enforcement order that led it to sharply reduce its assets, Guaranty Bancorp in Denver is now turning its attention to growth.
June 4 -
Credit Solutions of America, a Dallas-based debt resolution company, and owner Doug Van Arsdale must pay nearly $14 million in penalties and restitution to the state of Colorado and former clients for violating state laws, according to Attorney General John Suthers' office.
June 4 -
BancorpSouth (BXS) has reached a settlement in principle for a class-action lawsuit alleging that the Tupelo, Miss., company violated federal securities law.
June 1 -
Royal Financial in Chicago reported a fiscal third-quarter loss of $421,000, compared to earnings of $41,000 a year earlier, as noninterest expense rose.
June 1 -
Berkshire Hills is paying for its latest acquisition, of Beacon Federal, in a way that protects shareholder returns at the expense of its tangible book value.
June 1




