Consumer banking
Consumer banking
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An analysis of local deposit share reveals which regional banking companies have the strongest positions across the markets in which they operate.
April 13 -
An estimated 515 different collection agencies and creditors were sued between March 16-31, the highest half-month period thus far in 2011 and up from 417 sued between March 1-15, according to data from U.S. District Courts.
April 13 -
Chemung Financial Corp. in Elmira, N.Y., has completed its acquisition of Fort Orange Financial Corp. in Albany, N.Y.
April 12 -
Tower Bancorp Inc. in Harrisburg, Pa., said last week that its chief financial officer had returned from a medical absence.
April 12 -
State regulators last Friday approved a request by Bellco Credit Union in Greenwood Village, Colo., to expand in order to serve all 610,000 residents of Denver County.
April 12 -
Hancock Holding Co. in Gulfport, Miss., said Monday that Nasdaq Stock Market Inc. notified it last week that it had failed to comply with a rule dealing with director independence.
April 12 -
Camden National Corp. in Maine has formed an executive management team. The five-officer team reports to Gregory Dufour, the $2.3 billion-asset company's president and chief executive.
April 12 -
Suffolk Bancorp in Riverhead, N.Y., said Tuesday that is overhauling its lending operations after reporting a big first-quarter loss.
April 12 -
Intervest Bancshares Corp. in New York posted a first-quarter profit after reporting a loss a year earlier. The $2 billion-asset company reported a profit of $1.7 million, or 8 cents a share, compared with a loss of $2.9 million, or 35 cents a share, a year earlier.
April 12 -
The Federal Reserve Board on Tuesday announced enforcement actions against two banks.
April 12 -
G. Kennedy Thompson, a former chairman and chief executive of Wachovia Corp., will join the board of BNC Bancorp in High Point, N.C.
April 12 -
CHELSEA, Mass. – Metro CU, in the process of acquiring nearby University FCU, is opening a new Boston branch next month, representing an expanded presence in the city by the $800 million credit union based in Boston’s working neighborhood of Chelsea.
April 12 -
There are 7,604 banks and thrifts in this country, and the core mission of nearly all of them is to lend locally. As currently structured, however, nearly 40% of these institutions are barred from taking part in the Small Business Lending Fund, the government's latest attempt to stimulate the national economy from the community level on up.
April 12 -
In 26 metropolitan statistical areas, branches accounting for more than 10% of market deposits were operated by institutions that agreed to sell or failed since July 1.
April 12 -
Two companies and three individuals are banned from the mortgage-relief services business and must relinquish $2.2 million in assets for consumer refunds, according to a settlement reached with the Federal Trade Commission.
April 12 -
Preliminary data indicates that C&I lending continued to show strength in the first quarter - but mainly at big banks - while other loan categories remained lifeless.
April 12 -
LANSING, Mich. – Michigan State University FCU opened its newest branch in the former Dimitri’s Restaurant building in downtown Lansing last week.
April 11 -
MECHANICSBURG, Penn. – Members 1st FCU on Monday opened a new branch in North Cornwall Township, its second in Lebanon County and one of five the $2 billion plans to open in 2011.
April 11 -
Baltimore County Savings Bank is looking to switch to a Maryland chartered bank from a federal thrift.
April 11





