Consumer banking
Consumer banking
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The Fed announced written agreements with four banking companies: Southern Community (N.C.), First Community (Texas), First Chatsworth (Ga.) and First National (Ala.)
June 28 -
Experian announced Tuesday that it has signed an agreement to acquire Medical Present Value Inc. (MPV), a provider of revenue cycle management software, data and analytics to more than 75,000 U.S. physicians, for $185 million. MPV's assets will immediately become a part of Experian.
June 28 -
Teletrack Inc. has agreed to pay $1.8 million to settle Federal Trade Commission charges that it sold credit reports to marketers, a violation of the Fair Credit Reporting Act (FCRA).
June 28 -
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Despite pleas by the credit union lobby, Gov. Scott Walker signed a state budget bill with a measure making it easier for credit unions to convert to banks.
June 27 -
Richard M. Riccobono, the former chief executive at the Federal Home Loan Bank of Seattle and one-time deputy director at the Office of Thrift Supervision, has landed a new job as the chief banking regulator in Washington State.
June 27 -
Cash-strapped Santa Lucia Bancorp in Atascadero, Calif., has called off its plan to raise capital through a stock offering because it has found a buyer instead.
June 27 -
Urban Partnership Bank has spent nearly a year finding ways to continue ShoreBank's mission of banking the underserved while also avoiding the failed bank's fate.
June 27 -
Pioneer Bank in Dripping Springs, Texas, said it was cleared to receive about $3 million from the program, according to Monday's online edition of the Austin Business Journal. The $106.4 million-asset bank is expected to swap preferred stock for SBLF funds.
June 27 -
Hanmi Financial Corp.'s on-again, off-again relationship with South Korean banking giant Woori Finance Holdings Co. is back on again.
June 27 -
Opus Bank in Irvine, Calif., has received regulatory approval to buy Cascade Financial Corp. in Everett, Wash.
June 27 -
The Durbin amendment has caused more than just a stir in the banking world. Everyone has an opinion about who the winners and losers will be when it comes to limiting interchange fees.
June 27 -
Bank of the Carolinas Corp. said it has retained Hutchison Co., an investment bank in North Carolina, to help it look at strategic options to enhance shareholder value.
June 27 -
ENTERPRISE, Ala. – Navy FCU, which has been invading new markets at Army, Marine and Air Force facilities, will open another new branch here this morning to serve more than 16,000 Department of Defense personnel and their families assigned to Fort Rucker, home of the U.S. Army Aviation Center of Excellence.
June 26 -
International regulators eased back slightly on a proposed capital surcharge for the largest institutions, setting a range below the expected 3%.
June 25 -
Georgia state regulators shut $103.7 million-asset Mountain Heritage Bank in Clayton on Friday, making it the 48th bank to fail so far this year and 14th failure in Georgia.
June 24 -
Georgia state regulators shut $103.7 million-asset Mountain Heritage Bank in Clayton on Friday, making it the 48th bank to fail so far this year and 14th failure in Georgia.
June 24 -
MB Financial Inc. in Chicago is selling the bulk of its problem real estate and construction loans to a California investment group that has been an active acquirer of failed-bank assets.
June 24 -
A major investor in Meta Financial Group has grown impatient with the company's sagging stock price and is urging the Storm Lake, Iowa, bank holding company to sell itself.
June 24 -
A major investor in Meta Financial Group has grown impatient with the company's sagging stock price and is urging the Storm Lake, Iowa, bank holding company to sell itself.
June 24


