Consumer banking
Consumer banking
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Earnings for Western Alliance Bancorporation in Phoenix jumped 550% for the third quarter from a year ago to $13 million, due largely to strong loan growth and improved asset quality.
October 18 -
A community bank held the most deposits in at least nine Texas metropolitan areas at June 30, according to data recently issued by the Federal Deposit Insurance Corp.
October 18 -
BALTIMORE – First Financial FCU has opened a student-run branch at Calvert Hall, where students are able to make deposits, open new accounts, make limited cash withdrawals and receive general information about all of the credit union’s services.
October 17 -
Residential lenders issued $350.3 billion of Ginnie Mae mortgage-backed securities in fiscal year 2011, down 15% from the previous fiscal year, according to new figures released by the Government National Mortgage Association.
October 17 -
Pacific Continental Corp. in Eugene, Ore., reported Monday that its income for the third quarter was $2.6 million, up 125% compared with the same period a year earlier. Earnings per share more than doubled, to 14 cents, beating consensus analysts’ estimates by three cents.
October 17 -
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Big banks and brokers have been aggressively paring their holdings of corporate bonds over the past few weeks, Federal Reserve data shows, and market participants said risk-wary bankers are unlikely to rebuild them for a while.
October 17 -
Citigroup Inc. and Wells Fargo & Co. have adopted two very different strategies to try to overcome an uncertain economy, increasing regulations and a prolonged slowdown in Wall Street activity — but as their third-quarter results showed on Monday, neither bank has found a foolproof solution.
October 17 -
When I am asked "How do we get bank customers back into the branch?" my answer is simple: How would you get them back into a Borders or Blockbuster store?
October 17 -
Rep. Jeff Clemens of Florida has introduced a bill that would make it illegal for banks operating in the state to charge customers monthly fees for using their debit cards.
October 17 -
Steve Antonakes, the Consumer Financial Protection Bureau's head of supervision, said the agency will rely significantly on policies developed already by the banking regulators. But the focus of exams will be quite different, however, as the CFPB makes consumers their top priority.
October 17 -
Citigroup chief executive Vikram Pandit has not spoken with Occupy Wall Street protestors, bank officials said on Monday, even though he offered to talk "anytime" and Gawker later published his cellphone number.
October 17 -
S&T Bank in Indiana, Pa., said Monday that it is launching a mobile banking system that allows customers to access their accounts via text, the Web or through an app on iPhone, Android and Blackberry.
October 17 -
The big banks keep getting bigger, but that has not stopped some community banks from growing deposit market share, even in cities where big banks are dominant. Community banks posted gains in New York and Hartford, Conn., and maintain top spots in cities such as Kansas City, Mo., and San Antonio, Texas.
October 17 -
Beneath the San Francisco bank's higher profits lie lower net interest margins, thanks in part to a double-digit increase in deposits.
October 17 -
Ever since the Durbin Amendment was enacted, ultimately cutting the interchange revenue banks get from debit cards by around half, one of the loudest and most persistent complaints has been that the government should not fix prices—at least not for banking.
October 17 -
Washington Federal Inc. in Seattle said Monday that it had completed its purchase of six Charter Bank branches and $254 million in deposits in New Mexico.
October 17 -
The Supreme Court is set to decide the contentious issue of whether Respa prohibits lenders from charging borrowers fees defined as 'unearned.'
October 17 -
Citigroup Inc.'s revenue fell in the third quarter, and the bank is struggling to make money from its U.S. operations as investment banking slumps.
October 17




