Consumer banking
Consumer banking
-
Continuing its expansion in the suburbs of Washington, D.C., Eagle Bancorp (EGBN) in Bethesda, Md., has opened a pair of residential loan offices in Maryland and Virginia.
March 28 -
In its quest to rise above the fray in alternative payments, Obopay has identified another financial-services niche ripe for modernization: business-to-consumer payments.
March 28 -
It is hard to deny Richard Cordray's hiring to run the Consumer Financial Protection Bureau nearly four months ago is a flash point in continuing debates over regulatory appointments and implementing the Dodd-Frank Act.
March 28 -
The bank's plan to convert troubled loans to rentals will benefit all concerned. A special unit for servicing toxic assets can help, if run wisely. Principal reductions could seriously backfire.
March 28 -
PARAMUS, N.J. – Greater Alliance FCU opened Bergen County’s first student-run credit union branch at Paramus High School last week.
March 27 -
WASHINGTON — A House panel on Tuesday approved a bipartisan bill aimed at shoring up the finances of the Federal Housing Administration.
March 27 -
A need for more re-appraisals, combined with an exodus of appraisers following the financial crisis, are causing headaches for bankers. Those factors are costing banks more money and, in some cases, potential clients.
March 27 -
Tompkins Financial in Ithaca, N.Y., is planning to raise $30 million in a secondary stock offering and may use the proceeds to redeem securities issued to VIST Financial through the Treasury Department's Troubled Asset Relief Program.
March 27 -
In an effort to tie its consumer businesses closer together, JPMorgan Chase & Co. (JPM) promoted Matthew Biben to the new position of general counsel of all of its consumer businesses. Biben was hired last year as general counsel for the mortgage business.
March 27 -
The House on Tuesday gave final approval to a bill that will allow some small banks to raise additional capital without registering with the Securities and Exchange Commission.
March 27 -
Consumers will be able to discharge student loans in bankruptcy if Sen. Richard Durbin gets his way. Banks are vehemently opposing the move.
March 27 -
A clubby corner of the mortgage market has sprung back to life thanks to the historic settlement between banks and governments over foreclosure practices.
March 27 -
Deputy CFPB Director Raj Date told an industry group Tuesday that the bureau was carefully weighing the effect that a new ability-to-repay standard will have on the mortgage market.
March 27 -
The Federal Reserve Board has terminated a written agreement with the former Cadence Financial about a year after the Starkville, Miss., company was acquired.
March 27 -
It's time for our nation's leaders to get serious about job creation. Our economy is beginning to inch its way forward toward recovery, but the only way forward to real prosperity for all is through small businesses.
March 27 -
AmericanWest Bank in Spokane, Wash., is deepening its presence in California with plans to acquire Security Business Bank of San Diego.
March 27 -
Alliance Data Systems (ADS) has renewed a long-term agreement to manage the private-label credit card program for luxury goods retailer Little Switzerland, according to an announcement Tuesday.
March 27 -
If TAG is allowed to expire at yearend, it could spur community banks looking for extra liquidity to turn back to FHLB advances, which are at their lowest point in a decade.
March 27 -
Provident New York Bancorp (PBNY) in Montebello has added its fifth commercial banking team in the New York City market since January.
March 27 -
CenterState Banks (CSFL) in Davenport, Fla.., is looking to slim down after spending much of the last three years bulking up through acquisitions.
March 27





