Consumer banking
Consumer banking
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WASHINGTON — Regulators closed $3.5 billion-asset Frontier Bank in Everett, Wash., and three other smaller banks in the Midwest to bring the year’s failure total to 64.
April 30 -
The collapse last week of three of Puerto Rico's 10 banks significantly consolidated the commonwealth's banking system and marked one of the most complicated days in the history of the Federal Deposit Insurance Corp.
April 30 -
The collapse on Friday of three of Puerto Rico's 10 banks significantly consolidated the commonwealth's banking system and marked one of the most complicated days in the history of the Federal Deposit Insurance Corp.
April 30 -
Total System Services Inc. is working with a London card producer to offer a fulfillment program for issuers that order small quantities of customized payment cards.
April 30 -
Regulators in Puerto Rico closed three banks Friday — representing a third of the island's institutions and a quarter of its assets — in a move sure to change the face of banking in the commonwealth.
April 30 -
Columbia Banking System Inc. of Tacoma said it plans to sell $208.8 million of common shares to bolster its already-fat capital ratios.
April 30 -
After a year of growth through failed-bank acquisitions, First Financial Bancorp in Cincinnati posted first-quarter earnings of $11.6 million, more than double what it earned a year earlier.
April 30 -
First Community Bancshares Inc. in Bluefield, Va., has turned the corner in dealing with its securities portfolio and is now setting its sights on acquisitions in the Southeast.
April 30 -
The Federal Reserve announced enforcement actions Thursday against Coast Bancorp of San Luis Obispo, Calif., that the Fed said are intended to help maintain financial soundness at the company.
April 30 -
FNB Bank Inc. of Mayfield, Ky., has agreed to buy three Kentucky bank branches and a pool of loans from Integra Bank of Evansville, Ind.
April 29 -
There's a new wrinkle in the latest round of recapitalizations: The only way for the banks involved to win is for taxpayers to lose.
April 29 -
A month or two before Fannie Mae's new quality-control requirements take effect, lenders are grumbling that the changes will delay closings and reduce originations without much improving loan quality.
April 29 -
Two senators introduced legislation Thursday to restrict debt settlement companies from collecting fees before a settlement is reached. Under the legislation, consumers would receive detailed upfront disclosures - including a list of all costs and promised services.
April 29 -
WASHINGTON — The Federal Reserve announced enforcement actions Thursday against Coast Bancorp, a move to help maintain financial soundness at the company, according to the Fed order.
April 29 -
Rep. Darrell Issa, the lead Republican on the House Oversight and Government Reform Committee, is asking the Federal Deposit Insurance Corp. to explain why it waited so long to close a bank owned by the family of a candidate for the U.S. Senate.
April 28 -
PORTLAND, Ore. – OnPoint Community CU yesterday announced plans to open three new branches in central Oregon’s Deschutes County, where it expanded last year.
April 28 -
CANTON, Ohio – Champion CU is staging a scavenger hunt for cash to celebrate the opening of its new branch in Waynesville.
April 28 -
HARRISBURG, Penn. – Members 1st FCU next month will open a branch on the first floor of the Strawberry Square shopping center across from the state Capitol in downtown Harrisburg.
April 28 -
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Flagstar Bancorp Inc. of Troy, Mich., reported Wednesday that its first-quarter loss widened to $82 million from $67.4 million a year earlier. Yet the $14.4 billion-asset company still managed to raise $576.7 million of fresh capital, which analysts said will enable it to ride out persistent credit-quality issues.
April 28


