Consumer banking
Consumer banking
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Fiserv Inc. said Thursday that Georgia's Own Credit Union in Atlanta will use its Acumen account processing technology.
February 24 -
Southern regional-bank operator Iberiabank said it will buy Omni Bancshares for about $40 million as it looks to bolster its presence in the New Orleans area.
February 24 -
The $172 million-asset Pacific Valley Bank in Salinas said the Federal Deposit Insurance Corp. and the California Department of Financial Institutions ended the order in mid-January.
February 23 -
With plans to sell its trust division, Bank of Florida Corp. is nearing dissolution.
February 23 -
On Tuesday, the Fed reported the formal actions it took against $242 million-asset American Bancorp. of Minnesota Inc. in Baxter, $1.2 billion-asset Eastern Virginia Bankshares Inc and its EVB bank unit in Tappahannock, $1.5 billion-asset Marquette Financial Cos. in Minneapolis and $541 million-asset National Bancorp Inc. in Schaumburg, Ill.
February 23 -
United Western Bancorp Inc., a holding company in Denver that is suing regulators to regain control of its failed thrift, has denied filing a quarterly report with the Office of Thrift Supervision.
February 23 -
Reality is setting in that the state that was among the first to crash during the real estate crisis is likely to be the last to escape.
February 23 -
The National Credit Union Administration on Wednesday shut down the $1.8 million-asset NYC OTB Federal Credit Union. It was the third credit union to fail this year.
February 23 -
SCBT Financial Corp. in Columbia, S.C., added $35 million in capital base to complement its acquisition last week of a failed bank.
February 22 -
Wilshire Bancorp Inc. of Los Angeles said late Friday that it had hired Jae Whan Yoo, who resigned abruptly from Center Financial Corp. of Los Angeles in January, as president and chief executive.
February 22 -
Bryn Mawr Bank Corp. in Pennsylvania said it has agreed to buy the private wealth operations of the Hershey Trust Co.
February 22 -
Four Oaks Fincorp Inc. in North Carolina is on the hunt for capital after a large fourth-quarter loss. The $950 million-asset company said its loss in the quarter widened from $1.7 million a year earlier to $19.4 million.
February 22 -
Iberiabank Corp. of Lafayette, La., said Tuesday that it has agreed to buy Omni Bancshares in Metairie, La., for $40 million in stock.
February 22 -
A lending cooperative that plans to help small banks compete for larger, high-quality loans has received a significant investment — and validation — from the global asset manager BlackRock Inc.
February 22 -
The somewhat inexplicable delay adds to the overall negative perception the SBA has often had, while compounding the belief that small-business help from the government is just lip service.
February 22 -
Pinpointing the geographic epicenter of the crisis is not a simple task. Viewed one way, California and Florida top the list. Viewed another, Puerto Rico and Nevada rank highest.
February 22 -
Four bank failures book-ended the country on Friday. The four banks had a total of $1.05 billion in assets and are expected to cost the Deposit Insurance Fund $267.6 million collectively. So far, 22 institutions have failed so far this year.
February 21 -
New York state regulators have taken action against several Buffalo, N.Y.-area collection agency owners who were charged recently with preying on consumers - including military personnel.
February 21 -
Central Pacific Financial Corp. in Honolulu has received approval from regulators to complete a much-needed $325 million capital injection.
February 21 -
JACKSONVILLE, Fla. – First Florida CU has acquired an empty branch of a failed bank from the FDIC for $995,000.
February 21




