Consumer banking
Consumer banking
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New York Community Bancorp Inc. in Westbury, N.Y., on Wednesday reported that third-quarter earnings were virtually flat from a quarter earlier, at $119.8 million.
October 19 -
Stonegate Bank in Ft. Lauderdale, Fla., said Wednesday that third-quarter earnings rose 73% from a year earlier, to $1.6 million, due to increased lending.
October 19 -
To get its new payment system moving, Google Inc. is working with New Jersey Transit Agency to allow Google Wallet users to purchase tickets at some vending machines and ticket windows and to pay fares on seven bus routes.
October 19 -
FNB United Corp.'s private-equity led buyout of a rival bank cleared another key hurdle after FNB's shareholders approved the acquisition of Bank of Granite Corp.
October 19 -
WASHINGTON — Sen. Dick Durbin is calling on Wells Fargo to explain why it needs to impose new debit card fees when it posted a 21% increase in third quarter profits.
October 19 -
Citigroup Inc., the third-biggest U.S. lender, agreed to pay $285 million to settle U.S. regulatory claims it misled investors about a $1 billion financial product linked to risky mortgages that defaulted within months of its sale.
October 19 -
Washington's newest super-agency, the Consumer Financial Protection Bureau, sprang into life in July. That bureau was granted remarkable powers by Congress. Consumers and businesses alike will depend on the stability and effectiveness of the new bureau. However, Congress unwittingly may have infected the bureau with the equivalent of a latent computer virus that could damage the CFPB's ability to function, and shatter the expectations of its supporters.
October 19 -
Monthly reports show that improvements in credit card performance are leveling off, presaging an end to reserve releases that have propped up bank earnings. The graphics here show delinquencies and chargeoffs for the Big Six.
October 19 -
The Minneapolis bank managed to grow loans and revenue by avoiding overly aggressive pricing.
October 19 -
One third of the low-income households who closed an account between 2009 and 2010 cited hidden or expected fees as their reason for leaving their banks, according to a report released Tuesday by a division of The Pew Charitable Trusts.
October 19 -
TD Retail Card Services in Mahwah, N.J., said on Wednesday that it will develop and administer a private-label credit card program for retailer Ashley Furniture Industries Inc.
October 19 -
Popular Inc. in San Juan, Puerto Rico, on Wednesday reported a decline in quarterly earnings due to fewer one-time gains and an increase it credit costs.
October 19 -
Pinnacle Financial Partners Inc. in Nashville, Tenn., reported a massive spike in third-quarter results due to the reversal of a deferred tax asset valuation.
October 19 -
Colony Bankcorp Inc. in Fitzgerald, Ga., eked out a third-quarter profit, though it also announced Wednesday that its president and chief executive had resigned.
October 19 -
With the introduction of Wag bank, Jeff Stephens is trying to create a direct bank for pet lovers — a concept that failed 10 years ago in different hands. Wag, the bank for dog owners, is the first of what Stephens plans as a series of niche banks focused on affinity groups.
October 19 -
M&T Bank Corp.'s third-quarter earnings fell 4.6% on merger-related charges as the regional bank continued to reduce the amount of loans written off.
October 19 -
Rockwall Bancshares Inc., a Texas startup, has hired Eric Anderson as its chief executive. He had been an executive with American National Bank of Texas.
October 18 -
Elouise Cobell, a member of the Blackfeet tribe who founded the first Native-American-owned bank and later was the lead plaintiff in a multibillion-dollar lawsuit against the federal government, died Sunday at 65 of complications from cancer.
October 18 -
ROCKY HILL, Conn. – Nutmeg State FCU will open its first grocery store branch inside the Newington Price Chopper supermarket on Monday, its sixth Connecticut branch.
October 18 -
WOODBRIDGE, Va. – Belvoir FCU said it is opening a new branch inside the Base Realignment and Closure Act headquarters, its second branch opened to accommodate new Department of Defense personnel moved here under the base closings restructuring.
October 18



