Consumer banking
Consumer banking
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When two tiny banks merge to form a slightly less tiny bank, which institution really reaps the efficiencies: the merged entity — or a larger acquirer down the road?
March 28 -
Minnesota Attorney General Lori Swanson alleged in a legal action filed Monday that Midland Funding LLC defrauded consumers and the courts by filing false "robo-signed" affidavits to try to prove that consumers owed debts.
March 28 -
BankUnited of Miami Lakes, Fla., has promoted F. Gerard Litrento to senior vice president of retail banking.
March 28 -
RALEIGH, N.C.-After installing video teller systems in nearly all of its 15 branches, Coastal Federal Credit Union here is moving to now be open seven days a week.
March 28 -
MIAMI-As part of its strategy for reaching out to the un- and underbanked, Self Help FCU has opened a "micro branch" in east San Jose, Calif.
March 28 -
In at least one important respect, the term "collections" is a bit of a misnomer.
March 28 -
The special inspector general for Tarp will wrap up his two-year-plus tour on Wednesday, and he has nothing good to say about Treasury's implementation of the $700 billion bailout.
March 27 -
PORTSMOUTH, N.H. – Service CU last week said it has received approval to begin construction on a 100,000-square-foot office building that will house its administrative staff.
March 27 -
The Bank of Commerce in Wood Dale, Ill., became the nation's 26th failed bank of the year late Friday.
March 25 -
WASHINGTON — The Bank of Commerce in Wood Dale, Ill., became the nation's 26th failed bank of the year late Friday.
March 25 -
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Private Bank of the Peninsula in Palo Alto, Calif., said Friday it has changed its name to Avidbank.
March 25 -
Credit unions in Arizona, Colorado and Wyoming have voted to combine their three state credit union leagues, the latest consolidation of state trade associations.
March 25 -
PVF Capital Corp. in Solon, Ohio, has retired a five-year-old debt that will save the company $2.5 million a year.
March 25 -
Credit Union of Atlanta has named Sheilah Montgomery, the former president of 1st Choice Credit Union, as its president and chief executive.
March 25 -
Southern Community Financial Corp. in Winston-Salem, N.C., has revised its Dec. 31 results downward to reflect an addition to its valuation allowance against deferred tax assets.
March 25 -
Luzerne National Bank Corp. in Luzerne, Pa., has agreed to buy a branch from CCFNB Bancorp Inc. The $280 million-asset company will also get $17.1 million of deposits located around Hazelton, Pa., according to a Friday filing with the Securities and Exchange Commission.
March 25 -
Donegal Financial Services Corp. in Marietta, Pa., has once again pushed back its deadline to buy Union Financial Corp. of Lancaster, Pa.
March 25 -
Many community bankers are still tepid about the Treasury Department's latest program to promote small-business lending. But they're making reservations while they can.
March 24



