Consumer banking
Consumer banking
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Websites such as Amazon.com are often cited as the gold standard for the online experience, but turning your financial institution website into a carbon copy of a retailer site is neither practical nor wise. No financial institution can be, or should be, just like Amazon, yet there are some strategies and tactics that banks can borrow from online retailers, particularly when it comes to cross-selling.
June 5 -
An effort is gaining momentum to require banks that want municipal business to lend more in low-income neighborhoods. And it's not just mega-banks being targeted — smaller banks are seen as fairing worse in this type of lending.
June 5 -
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 -
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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





