Consumer banking
Consumer banking
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Speaking at the annual ICBA convention, Ben Bernanke assured community bankers the Fed will attempt to protect them as it finalizes its rule capping debit interchange fees.
March 23 -
Credit unions have increasingly used a marketing campaign that combines social media with contests to find young, media-savvy spokespeople. Can banks mimic their success?
March 23 -
The operator of a defunct money-making scam has agreed to settle a federal court judgment the Federal Trade Commission obtained against him in 2007 for falsely claiming his “wealth building” program would teach consumers how to make substantial income in a short time by buying and selling privately held mortgages.
March 22 -
The Federal Deposit Insurance Corp. will no longer apply a rate just to an institution's domestic deposits, instead capturing the entire funding base.
March 22 -
PENSACOLA, Fla. – Florida Gov. Rick Scott will join officials of Navy FCU for Friday’s grand opening of the 224,000-square-foot Building 4 of the credit union’s huge call center here.
March 22 -
Reissued consent orders are longer and far more detailed, with higher capital ratio standards, despite improvements banks have already made.
March 22 -
Sun Bancorp Inc. in Vineland, N.J., said it raised about $81 million in net proceeds from a recent public offering.
March 22 -
People's United Financial Inc., which recently entered mortgage warehousing, has amassed credit applications for almost $500 million, according to a company executive.
March 22 -
Superior Bancorp in Birmingham, Ala., has named C. Marvin Scott as its chairman and chief executive and Rick Gardner as its president.
March 22 -
Kondaur Capital, which a month ago slashed its loan workout staff by nearly 40%, hired Mark Ferrara as managing director of its newly formed community banking group.
March 22 -
A Kansas thrift has teamed up with Bankers Portfolio to refinance underwater mortgages where investors have agreed to take principal writedowns that meet FHA requirements.
March 22 -
FDIC chairman Sheila Bair received not one but two standing ovations from the ICBA, a week after she was heckled by members of the industry's other main trade group.
March 22 -
Two former officers of a failed Georgia bank have been indicted on conspiracy and fraud charges, the Justice Department said in a release Monday.
March 22 -
SAN ANTONIO – Air Force FCU opened a new branch in Del Rio yesterday, the $335 million credit union’s first new branch in nine years and first outside of San Antonio.
March 21 -
The $958.3 million-asset company named Bruce Boyea a director. Boyea is the chairman, president and chief executive of Security Mutual Life Insurance Co. of New York.
March 21 -
Coastal Banking Co. of Beaufort, S.C., reported late Friday that its net loss shrank to $2.3 million in the fourth quarter from $11.9 million a year earlier.
March 21 -
Hancock Holding Co. in Gulfport, Miss., said Monday that it began a $200 million public offering that would help it redeem an acquisition target's Treasury Department funds.
March 21 -
Centrue Financial Corp. of St. Louis late Friday reported a wider fourth-quarter loss of $39.2 million, largely as a result of a charge from goodwill impairment and a deferred tax asset adjustment.
March 21 -
Data on failed banks sold in the first 10 weeks of the year hints at a broader shift toward buyers going it alone.
March 21 - Texas
Groups affiliated with Gerald J. Ford and Robert M. Bass have agreed to put money into troubled thrift SWS Group in Dallas.
March 21





