Consumer banking
Consumer banking
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TD Bank became the second major bank to adopt the Pew Charitable Trusts' model disclosure form to simplify its checking account information for customers, the nonprofit organization said on Tuesday.
April 17 -
The Cincinnati company was barred from raising the payout today after the most-recent series of stress tests.
April 17 -
Pioneer Bank in Dripping Springs, Texas, has struck its first-ever acquisition, announcing Tuesday that it is buying the $28 million-asset Colorado Valley Bank in LaGrange.
April 17 -
The GSE could have approved a short sale that would have let Louise Davidson stay in her home as a renter and eventually have the opportunity to buy it back. True to form, Fannie evicted her instead.
April 17 -
Some analysts believe the time is ripe for second-step conversions by mutual holding companies. Still, some bankers believe the floodgates will remain closed until regulators decide to let MHCs pay a special dividend before converting.
April 17 -
In first speech as comptroller, Curry touts the benefits of the national charter for community banks and thrifts as more consider flipping to state charters.
April 17 -
Loans to a wide range of businesses contributed to a nearly 7% increase in lending, executives of the Dallas bank said.
April 17 -
Westamerica Bancorporation (WABC) in San Rafael, Calif., said Tuesday that its first-quarter earnings fell 6.2%, to $21.8 million, from the same period in 2011 as the company intentionally curtailed its lending in response to persistently low interest rates and fierce competition for quality loans.
April 17 -
Citigroup has ulterior financial motives in trying to oust Highland as portfolio manager of Liberty CLO, Highland says in a lawsuit against Citi and two other firms.
April 17 -
At an otherwise-placid annual shareholder meeting held outside of New York City for the first time, Citigroup (C) shareholders dealt a blow to management and the board of directors by rejecting ratification of the bank's executive-compensation proposal.
April 17 -
Big cost hits on debit and credit cards have already happened, and the Consumer Financial Protection Bureau has not made any overly threatening moves yet, Davis says.
April 17 -
The state of Hawaii has sued seven major credit card issuers over the marketing of credit card insurance-like products, known as payment protection plans.
April 17 -
The residential mortgage division of Ally Financial Inc. missed a scheduled payment on its debt Tuesday, laying the groundwork for an eventual default if the payment is not made up quickly.
April 17 -
United Community Banks (UCBI) in Blairsville, Ga., has registered the preferred shares it issued to the Treasury Department as part of the Troubled Asset Relief Program for potential resale, a key step for banks that want to be included in any upcoming auctions of Tarp shares.
April 17 -
As bank earnings come rolling in, signs of life are reemerging even as the pressure to cut costs remains intense.
April 17 -
DENVER – State regulators on Friday approved applications from $2 billion Bellco CU and $225 million Denver Community CU to serve almost 450,000 residents in Adams County, making at least five of the state's biggest credit unions authorized to serve the fast-growing county, which includes the Denver bedroom communities of Arvada and Aurora and part of the city of Denver.
April 17 -
Fueled by commercial real estate loan growth and stronger credit quality, Webster Financial (WBS) of Waterbury, Conn., reported first-quarter earnings of $38.3 million, up more than 13% from a year earlier.
April 17 -
According to American folklore, the famously long-legged Abraham Lincoln was once asked: "Abe, how long should a man's legs be?" Lincoln is reported to have answered: "Long enough to reach the ground."
April 17 -
Grant Thornton has hired a former Federal Deposit Insurance Corp. employee as a managing director in its national bank regulatory practice.
April 17 -
Comerica Inc.'s (CMA) first-quarter earnings rose 26% as the financial-services company posted loan growth and a sharp decrease in loan-loss provisions.
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