Consumer banking
Consumer banking
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First Financial Holdings, of Charleston, S.C., defied the odds by completing its sale of $200 million of problem loans in a dicey economy. Better yet, it booked a $20 million gain.
October 28 -
It's not just banks that are raising prices after changes to the rates that merchants pay to accept debit cards — on Thursday, Coinstar's Redbox DVD rental service said debit fees are driving its prices up by 20 cents a day. Other kiosk-based businesses may have to follow its example.
October 28 -
After three straight years of losses, Citizens Republic Bancorp Inc. in Flint, Mich., reported its second-straight profitable quarter for the three months that ended Sept. 30, thanks largely to improved asset quality and a double-digit increase in commercial and industrial loans.
October 28 -
NCR's acquisition and pension costs contributed to a decrease in third-quarter profits. But the chief executive of the ATM and kiosk maker expects two recent purchases, combined with continued demand worldwide, to generate strong long-term growth.
October 28 -
Green Dot Corp. is licking its lips over banks' new debit card fees, but the prepaid card company still doesn't know quite how large its eventual meal will be.
October 28 -
Central Pacific Financial Corp., which lost more than $364 million in 2009 and 2010, has now made money in three straight quarters as the Honolulu company continues to shed problem assets.
October 28 -
Bankers are pushing the CFPB to provide a safe harbor for its rule to require lenders to verify a borrower's ability to repay a mortgage loan, but consumer groups are warning the agency not to go that far.
October 28 -
ABN Amro has opened a new office in Dallas to do more business with energy, commodities and transportation clients.
October 28 -
Glacier Bancorp Inc.'s shares fell Friday after the company posted a third-quarter loss of $19 million due to a $32.6 million goodwill impairment charge.
October 28 -
Aided by a recent acquisition and its investment in new branches, WSFS Financial Corp. in Wilmington, Del., reported a profit of $6.8 million, or 70 cents per share, in the third quarter, handily beating consensus analysts' estimates.
October 28 -
Acquisition and pension costs decreased NCR’s third-quarter net income by 82%, to $15 million from $85 million a year earlier.
October 28 -
National Penn Bancshares Inc. said Friday that third quarter earnings more than doubled from a year earlier, to $24.8 million, after the company recorded no loan-loss provision.
October 28 -
Opus Bank in Irvine, Calif., said Friday that it has raised $100 million in capital from management and investment funds as part of a plan to keep pace with its loan growth.
October 28 -
Park Sterling Corp. in Charlotte, N.C., said it expects to complete its acquisition of Community Capital Corp. in Greenwood, S.C., next week.
October 28 -
A disabled homeowner tries to navigate the mortgage servicing bureaucracy to obtain loan modification.
October 27 -
Green Dot Corp. said Thursday that new card activations and increased usage by existing customers helped boost its third-quarter profits.
October 27 -
Huntington Bancshares Inc. said it will be converting all of its debit cards to MasterCard Inc. from Visa Inc. But MasterCard's coup comes as new regulations and bank fees are cooling the potential of the overall debit market.
October 27 -
BankUnited Inc. posted a slight increase in third-quarter earnings as the Miami Lakes company continued to aggressively grow commercial loans in Florida.
October 27 -
The Federal Reserve has announced written agreements with three banking companies.
October 27 -
Rep. Elijah Cummings is calling on the House Oversight Committee to use its powers to issue subpoenas to regulators to obtain copies of "engagement letters" agreed upon between mortgage servicing companies and firms hired to review their past foreclosure abuse.
October 27




