Consumer banking
Consumer banking
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All is not well in "credit union land," as insiders half-jokingly call the industry, and the challenges have prevented credit unions from taking advantage of bank stumbles.
June 28 -
Sheyenne Bancorp Inc. is applying for bank holding company status from the Federal Reserve to buy out a bank in North Dakota. Sheyenne would become a subsidiary of First Holding Company of Park River Inc., which filed the application with the Federal Reserve June 22.
June 28 -
Despite analysts' skepticism, it appears Banner Corp. of Walla Walla, Wash., is advancing in its attempts to raise capital. The $4.6 billion-asset company announced late last week that it would sell 75 million shares of common stock at $2 a share.
June 28 -
After its long-running merger talks collapsed in March, Republic First Bancorp Inc. in Philadelphia today finds itself in a more fortunate position than many banks — it has a Plan B.
June 28 -
For most lenders, making changes to credit policy is not an easy or expedited process. It often takes financial institutions at least nine months to develop, test and deploy a credit risk policy concept and more likely this process is somewhere closer to 12 to 18 months.
June 28 -
A federal court has halted an international scheme that used identity theft to place more than $10 million in charges on consumers’ credit and debit cards.
June 28 -
Fox Chase Bancorp Inc. is one step closer to completing its conversion from a mutual to a stock company. After the conversion is completed, which is expected on June 29, the banking subsidiary will have a new parent with 14.55 million shares of outstanding common stock.
June 27 -
EUGENE, Ore. – Northwest Community CU said it plans to renovate the former Sapphires Mongolian Grill alongside U.S. Highway 101 as a new branch.
June 27 -
Three more banks failed late Friday, at an estimated additional cost to the Federal Deposit Insurance Corp. of $285 million.
June 25 -
Three more banks failed late Friday, at an estimated additional cost to the Federal Deposit Insurance Corp. of $285 million.
June 25 -
Anchor BanCorp Wisconsin Inc. in Madison has been warned by the Nasdaq that it no longer complies with listing requirements.
June 25 -
Seven months after announcing its third attempt to buy a bank, the blank-check company Western Liberty Bancorp has changed the terms of its most recent deal.
June 25 -
Seven months after announcing its third attempt to buy a bank, the blank-check company Western Liberty Bancorp has changed the terms of its most recent deal.
June 25 -
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Federal regulators have ordered Cowlitz Bancorp of Longview, Wash., to raise capital or accept a sales offer by July 15, the company said Tuesday in a filing with the Securities and Exchange Commission.
June 24 -
Fortune Bank in Seattle said Thursday that it plans to sell up to $460 million in stock through an initial public offering.
June 24 -
WSFS Financial Corp. in Wilmington, Del., announced an agreement Thursday to acquire Christiana Bank & Trust Co. from National Penn Bancshares Inc. for $34.5 million.
June 24 -
There's a group of community banks flush with capital, unburdened by delinquent loans and busily expanding assets — at the expense of troubled kin. The de novo class of '07 and '08 fortuitously opened its doors just before regulators said Do Not Enter, but late enough in the game to realize strict loan standards were necessary to navigate the real estate recession. Now they're coming for troubled banks' lunch money.
June 24 -
HIGHLAND FALLS, N.Y. – Navy FCU will introduce itself to the Army’s Corps of Cadets Monday at an open house for its newest branch here, just outside West Point.
June 24 -
RALEIGH, N.C. – State Employees’ CU has agreed with the Haliwa-Saponi Native American Tribe to place an SECU Cash Points ATM on the tribe’s grounds in Hollister, N.C.
June 24




