Consumer banking
Consumer banking
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Small merchants have found that using a mobile payments system from Bling Nation is a good good way to boost revenue — and local banks have seen the benefit in increased deposits.
March 22 -
Glacier Bancorp Inc. of Kalispell, Mont., says it may use proceeds from a common stock offering to acquire failed banks, a strategy that management had previously left off the table.
March 22 -
RICHLAND, Wash. – HAPO Community CU plans an $8 million renovation of its headquarters and main branch here.
March 21 -
YUMA, Ariz. – AEA FCU, which reported a whopping $25.9 million loss for 2009, said it plans to shutter its downtown branch and close the main offices for business on Saturdays in an effort to reduce expenses.
March 21 -
Regulators closed seven banks Friday, including the largest bank subsidiary of bankrupt Advanta Corp. Resolving the banks, which held a combined $3.3 billion in assets, will cost the Federal Deposit Insurance Corp. $1.3 billion. The year's failure tally now stands at 37, or more than double the number at this point last year.
March 19 -
Regulators closed seven banks Friday, including the largest bank subsidiary of bankrupt Advanta Corp. Resolving the banks, which held a combined $3.3 billion in assets, will cost the Federal Deposit Insurance Corp. $1.3 billion. The year's failure tally now stands at 37, or more than double the number at this point last year.
March 19 -
WASHINGTON — Acknowledging that regulatory guidance to limit banks' concentration in commercial real estate has failed, Comptroller of the Currency John Dugan said Friday that the banking agencies will issue new, tougher standards.
March 19 - Delaware
Regulators closed three banks Friday, including the largest bank subsidiary of bankrupt Advanta Corp., to bring the year's failure toll to 33.
March 19 -
Regulators closed three banks Friday, including the largest bank subsidiary of bankrupt Advanta Corp., to bring the year's failure toll to 33.
March 19 -
Encore Bancshares in Houston is paying to get out of Florida. The $1.6 billion-asset company announced an agreement last week to sell its six Florida branches, with $231 million in deposits and $86.2 million in loans, in two deals that will cost the company $1 million.
March 19 -
Encore Bancshares Inc. in Houston is paying to get out of Florida. The $1.6 billion-asset company announced an agreement last week to sell its six Florida branches, with $231 million in deposits and $86.2 million in loans, in two deals that will cost the company $1 million.
March 19 -
Lawsuits filed in federal courts involving collection and credit issues surged in the fiscal year ended Sept. 30 as more Americans struggled with foreclosures and consumer debt.
March 19 -
LAKE JACKSON, Texas – Texas Dow Employees CU said it plans to open a new branch in nearby Pearland in May, the $1.5 billion credit union’s 21st service center.
March 18 -
MIAMI – A new branch of South Florida Educational FCU is among the first building projects that are part of the Franjo Triangle development designed to create an improved downtown area in the Village of Palmetto Bay.
March 18 -
Roma Financial Corp. in Robbinsville, N.J., announced Thursday that it has agreed to acquire the struggling Sterling Banks Inc. of Mount Laurel, N.J., for $14.7 million in cash, or $2.52 per share.
March 18 -
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Britton & Koontz Capital Corp. of Natchez, Miss., has revised its fourth-quarter results to reflect a loss instead of a gain.
March 18 -
Royal Bancshares of Pennsylvania Inc. reported on Thursday a fourth-quarter loss of $10.1 million and that it is has entered into a written agreement with the Federal Reserve Bank of Philadelphia.
March 18 -
Sandy Spring Bancorp in Olney, Md., on Thursday announced pricing for a common stock offering expected to raise at least $87.7 million.
March 18 -
The $667 million-asset bank, in danger of failing with more than 10% of its assets not performing, was under orders from the Federal Deposit Insurance Corp. to more than double its leverage ratio by early February and then take it up another notch by March 8. But the agency gave the Korean-focused subsidiary of Saehan Bancorp more time, and after several false starts, the bank raised $60.5 million.
March 18


