Consumer banking
Consumer banking
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Regulators have lifted a consent order against Plumas Bancorp after the Quincy, Calif., company increased capital ratios and improved lending policies and practices.
February 17 -
The Florida company is looking at bringing in capital in case the sale of its thrift fails to go through by early April.
February 17 -
Blue-collar M&T bought blue-blood Wilmington Trust last spring and won't finish absorbing it until June. Executives insist M&T's uncharacteristically slow approach to integration will pay off.
February 17 -
Tim Pettus, the president of First Farmers & Merchants Bank in Columbia, Tenn., says he is proud that the bank's donations to a nonprofit have helped turn around a crime-ridden part of town.
February 17 -
Earlier this week, it looked like Congress might again turn to Fannie Mae and Freddie Mac in order to pay for an extension of payroll tax cuts, extended unemployment insurance benefits, and higher Medicare reimbursement rates.
February 16 -
Five months after giving verbal assurances to the Federal Reserve and consumer groups that it would accept Federal Housing Administration applications with minimum FICO scores of 580, Capital One is not originating such loans.
February 16 -
BNCCorp Inc.'s shares plunged Thursday after the Bismarck, N.D., company announced a private placement at a highly discounted price.
February 16 -
A new report that found systemic flaws in San Francisco's foreclosure process could be fodder for securities investors to make claims against banks and mortgage servicers, its author says.
February 16 -
The Treasury Department has agreed to take a haircut on its equity in Broadway Financial in Los Angeles to help the company bring in new capital.
February 16 -
Executives hail new effort at dialogue and hold out hope for 'tiered regulation,' but the extent of actual reforms remains to be seen.
February 16 -
The House Financial Services Committee passed a bill to ensure that data given to the Consumer Financial Protection Bureau will remain confidential. The panel also voted to repeal a controversial section of Dodd-Frank that requires FDIC-insured institutions to spin off their swaps desks.
February 16 -
A group consisting mostly of community bank CEOs used the FDIC's first conference on smaller institutions to urge resistance against onerous legislation and common sense for regulation.
February 16 -
Starbucks Coffee Co. has raised more than $2 million in small-dollar donations from its customers since Nov. 1 in support of its effort to stimulate job growth in low- and moderate-income communities.
February 16 -
CIFC Corp. and Sandler O'Neill pitch community and midsize banks on participation in syndicated C&I loan deals — a market normally dominated by the biggest banks.
February 16 -
BROCKTON, Mass. — HarborOne CU, New England's second largest credit union, is the latest credit union giant to be considering a conversion to bank, which would be the biggest credit union conversion yet.
February 16 -
The Consumer Financial Protection Bureau issued a proposal Thursday that would allow the agency to supervise debt collectors and credit reporting agencies, two industries that have had an increasingly important impact on consumers during the recession.
February 16 -
PayPal is one of the largest drivers of interchange revenue for the major card networks, yet the networks are increasingly trashing the security of the online payments powerhouse and other companies that toe the line between partner and rival.
February 16 -
Premier Financial Bancorp Inc. in Huntington, W.Va., is planning to consolidate three of its four subsidiary banks as part of its ongoing effort to build scale, lower its compliance costs and improve its overall efficiency.
February 16 -
Huntington Bancshares hopes Daniel Storer's knowledge of banking, insurance and medicine will help it build a healthcare niche.
February 16 -
Amex plans to release an updated version of its digital wallet Serve that will include all of its prepaid products, as well as incorporate deals and loyalty rewards.
February 16





