Consumer banking
Consumer banking
-
Education First CU has launched what it believes to be the nation's smallest full-service credit union branch.
May 21 -
Mention the word “collections,” and the stereotype that comes to mind for many customers is the unpleasant phone call that arrives during dinner or as they’re settling in to relax and watch TV for the evening.
May 21 -
WAUSAU, Wis. — NCUA this evening liquidated Wausau Postal Employees CU and assigned the remnants of the one-time $10 million credit union to nearby giant CoVantage CU.
May 18 -
The Office of the Comptroller of the Currency closed Alabama Trust Bank in Sylacauga on Friday, making it Alabama’s first bank failure in more than a year.
May 18 -
Bank stocks are up 13% this year, despite the recent swoon tied to JPMorgan Chase's trading snafu. That appreciation is pushing dividend yields down, leading some to wonder if banks will eventually raise quarterly payouts or hold onto the capital.
May 18 -
National Bank Holdings in Boston is shifting its headquarters to Denver following a string of bank acquisitions in Colorado and nearby states.
May 18 -
Put aside the bellyaching about the disappointing deals market. Focus instead on creative deals, nontraditional acquisitions and the nuances of what can be done within current regulations and economic realities, experts will advise at American Banker's M&A conference Monday and Tuesday.
May 18 -
A $2.3 billion loan temporarily pushed Emigrant's total assets over $15 billion. Because it was briefly above that threshold, the bank will be subject to a provision of the Dodd-Frank Act that prevents banks from counting trust preferred securities as part of their Tier 1 capital. Emigrant is asking Congress for an exemption.
May 18 -
Now that a proposal to give credit unions more business lending power has been tabled, banks and credit unions have resumed their long-running battle over taxes.
May 18 -
American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.
May 18 -
NCUA said this morning it has barred the former CEOs of U.S. Central FCU and Members United Corporate FCU from working for or with any corporate credit union for their roles in two of the biggest credit union failures.
May 18 -
BankTennessee in Collierville has been released from a two-year-old enforcement order after it improved its capital ratios and sharply reduced its concentration of commercial real estate and construction loans.
May 18 -
More than two-dozen have already announced that would stop filing reports with the regulator and many more could follow as they aim to cut costs.
May 18 -
The new director, James McDonough, once served as the CEO for Abington Bancorp, a Boston-area company that was sold in 2004.
May 18 -
Personal financial management software must deliver real value to banks, not just consumers. Just saying PFM increases customer loyalty doesn't cut it. The value proposition has to be more attractive given the revenue pressures banks face today.
May 18 -
Editor's Note, July 25, 2012: This and other BankThink opinion columns written by Joel Sucher bearing this note, published between October 2011 and June 2012, mentioned the law firm of Stephen J. Baum, Litton Loan Servicing, or both. The columns should have disclosed that Baum’s firm, working on behalf of Litton, had attempted to foreclose on the writer’s property in 2009. American Banker's editors were unaware of this history at the time the columns were published.
May 18 -
Shareholders voted in Regions Financial's favor on say on pay and other matters, but some investors pressed for more cost cuts at the Alabama bank like jettisoning the corporate jet.
May 17 -
PORTLAND, Ore. – OnPoint Community CU is opening a new branch inside a Safeway supermarket in Rose City on May 30.
May 17 -
Avoid the bluster and the defensiveness, and focus on communication and steps to improve the bank, veterans of activist investor fights like John Palmer of PL Capital advise.
May 17 -
Porter Bancorp's shareholders have granted the struggling company more flexibility to raise capital to meet the demands of regulators.
May 17




