Consumer banking
Consumer banking
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Including nonbanks in the Consumer Financial Protection Bureau is an important first step toward rationalizing the regulatory system and ensuring it accurately reflects how consumers conduct their financial business.
March 24 -
TUNKHANNOCK, Penn. – Proctor & Gamble Mehoopany Employees FCU opened a student-run branch at local Dallas Area High School last week.
March 23 -
MIRAMAR, Fla. – Tropical Financial CU yesterday said it has broken ground on a new branch in nearby Pembroke Pines, with the branch scheduled to open this summer.
March 23 -
Since calling off a round of capital-raising last fall, Citizens South Banking Corp. has adopted a more opportunistic approach to raising funds.
March 23 -
Monarch Community Bancorp Inc. of Coldwater, Mich., had a loss of $17.5 million in the fourth quarter, more than five times its loss a year earlier.
March 23 -
Dearborn Bancorp Inc. in Michigan has increased its loan-loss provision by 435% for the fourth quarter, leading to a loss of $5.8 million for the quarter rather than earnings of $4.2 million as previously reported.
March 23 -
For the second time, BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., has extended an offer to buy its trust-preferred securities back from its holders.
March 23 -
The Federal Deposit Insurance Corp. has issued a prompt corrective action order against Frontier Bank of Everett, Wash., giving it until April 15 to merge with another institution or sell shares or obligations to become at least "adequately capitalized."
March 23 -
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We must enhance our system of supervisory checks and balances to ensure that more eyes, not fewer, are focused on the activities of our financial institutions.
March 23 - New York
Ficalora's outlook on the Westbury company's prospects is bullish, to say the least. He said the next three years could be the most promising ever for doing what NYCB does best — buying other banks and using their deposits to fund its main business of lending money to the owners of rent-controlled apartments in New York.
March 22 -
As Congress moves to enact a bill this week that would kill government subsidies for private student lenders, companies that relied on Uncle Sam must dramatically reposition themselves to stay competitive, observers said Monday.
March 22 -
Navy Federal Credit Union is offering no-down-payment mortgages — which have become difficult to obtain these days — to its members nationwide, citing "opportunities in the current market."
March 22 -
Citizens South Banking Corp. of Gastonia, N.C., has raised $15 million to help finance its takeover of the failed Bank of Hiawassee.
March 22 -
Last week's reversal of a tax court decision means Subchapter S bank owners will continue paying taxes as they have for years.
March 22 -
With regulators pushing for larger provisions for loan losses at its two most troubled banks, Capitol Bancorp Ltd. has revised its 2009 results.
March 22 -
The number of banks missing the deadline for making dividend payments under the Troubled Asset Relief Program continued to rise in February.
March 22 -
Consumers filed lawsuits naming an estimated 545 different collection agencies and creditors during the first half of March, up from 471 in the last two weeks of February, according to data from U.S. District Court complaint dockets.
March 22



