Consumer banking
Consumer banking
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What banks are doing today for their retail customers isn't working, attendees at last week's TowerGroup conference concluded.
May 29 -
Among the wave of community banks that have gone to market this month, 1st Enterprise Bank (FENB) was the rare bank below $1 billion of assets to sell shares at a premium to its equity.
May 29 -
Gibraltar Private Bank & Trust has dismissed its chief executive as the Coral Gables, Fla. company continues to deal with the fallout from its ties to a lawyer convicted of running a $1.2 billion Ponzi scheme.
May 29 -
A Florida court has given JPMorgan Chase (JPM) preliminary approval to pay $110 million to settle a class-action claim that accused the bank of charging excessive overdraft fees.
May 29 -
Acquired software meant to help customers handle new rules around overdraft fees.
May 29 -
Banks had two years to update their ATMs following changes to the Americans with Disabilities Act. As soon as the March 15 deadline passed, laggards found that plaintiffs' lawyers were waiting.
May 29 -
Elavon, a unit of U.S. Bancorp, is taking a different approach to mobile card acceptance by using a wireless card reader that is as big as the phone it pairs with.
May 29 -
Roughly two months after putting itself up for sale after its plan for raising fresh capital fell through, BancTrust Financial Group in Mobile, Ala., has found a buyer.
May 29 -
CLEARWATER, Fla. – Achieva CU is moving its corporate headquarters from Clearwater to Dunedin this October.
May 28 -
For Bellco Credit Union, business is booming at the branch level.
May 28 -
The video ATMs that CO-OP Financial Services is rolling out in conjunction with Diebold are just part of a broader evolution in service delivery, according to Stan Hollen, CEO of CO-OP.
May 28 -
Zions Bancorporation's (ZION) shareholders overwhelmingly approved the bank's executive compensation despite concerns about low dividend payments and sluggish loan demand.
May 25 -
The Mortgage Bankers Association raised its 2012 forecast for residential originations on Thursday, citing low interest rates that have sparked a massive increase in refinance activity.
May 25 -
The Office of the Comptroller of the Currency has replaced an order between North American Savings Bank and the Office of Thrift Supervision with one of its own.
May 25 -
Some lawmakers are seething at the huge pay package handed out to a former CEO of Liberty Mutual Insurance. Their response has been to introduce new proposals on pay for mutual insurers, which could eventually apply to other financial institutions.
May 25 -
Banks are benefitting from a surge in second-quarter loan growth, driven almost exclusively by a jump in home mortgage lending.
May 25 -
Lafayette, La., and Washington are over 1,000 miles apart, but Rusty Cloutier, the founder and chief executive of MidSouth Bancorp, keeps the nation's capital top of mind.
May 25 -
First Bancshares of Kansas City, Kan., agreed to sell a controlling stake to an investment group led by David Spehar, the former chief executive of another Kansas City community bank.
May 25 -
Mortgage delinquencies on multifamily homes continued to rise in April, while single-family home delinquencies were flat, according a monthly report from Freddie Mac (FMCC).
May 25 -
Broadway Financial of Los Angeles said it had received a warning letter about its failure to meet listing requirements. It has not yet filed its first-quarter results with the Securities and Exchange Commission.
May 25




