Consumer banking
Consumer banking
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The $14.8 billion-asset thrift company announced late Wednesday that MatlinPatterson Global Advisors LLC, a New York private-equity firm, injected $300 million into Flagstar as part of a rights offering announced late last year.
January 28 -
Even as many other community banks have recoiled, Iberiabank Corp. lately has been on a growth tear — raising capital, buying four failed banks and picking up lending teams from competitors.
January 28 -
As economists and government officials declare the recession over because of an artificially funded rise in GDP, the orphaned byproduct of the downturn - high unemployment - remains alive and well and will extend its tentacle of impact on consumer collections for many months.
January 28 -
HOUSTON – ATM company Cardtronics, which announced a deal with Carnival Cruise Lines Tuesday, said yesterday it has signed to provide ATM transaction processing and operational support services for the six ATMs installed at American Airlines Center, the home of the Dallas Mavericks NBA basketball team and the Dallas Stars NHL hockey team.
January 27 -
CHICAGO – Polish & Slavic FCU is expanding its footprint this week with the opening of two branches here, the $1.2 billion credit union’s first offices outside its core New York and New Jersey market.
January 27 -
BURBANK, Calif. – The Walt Disney Co.'s Partners FCU announced it is closing its Anaheim operations center and consolidating the work in Burbank and Orlando over the next six months.
January 27 -
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With nonperforming assets declining and two consecutive profitable quarters under its belt, the Atlanta company is planning for a year of black ink.
January 27 -
Despite three big boosts to capital in 2009, First Financial Bancorp in Cincinnati is looking to amass an even bigger treasure chest of capital this year.
January 27 -
The Conference Board's Consumer Confidence Index, which increased in November and December, improved again in January. The index stands at 55.9, up from 53.6 last month. The baseline for the index, set in 1985, is 100.
January 26 -
A panel formed by the Federal Deposit Insurance Corp. to explore community banking issues is to hold its second meeting Thursday.
January 26 -
Heartland Financial USA Inc. of Dubuque, Iowa, reported a net 2009 loss of $9.2 million for common shareholders, 200% larger than the 2008 loss.
January 26 -
HOUSTON – Cardtronics, the biggest provider of ATMs for credit unions, has signed with Carnival Cruise Lines to install and manage cash machines on the cruise line.
January 26 -
The Commercial Collection Agency Association (CCAA) reports that its members received a record volume of business-to-business accounts for collection in 2009.
January 26 -
Signature Bank reported Tuesday that fourth-quarter earnings rose more than 60%, capping what the New York company said was its best year since its inception in 2001.
January 26 -
After three consecutive quarterly losses, Virginia Commerce Bancorp Inc. announced Tuesday that it returned to profitability in the fourth quarter.
January 26 -
Shares of Nara Bancorp Inc. fell 5.5% early Tuesday, but rebounded to close down 1.24% to $8.73 after the Los Angeles company announced a fourth-quarter loss. It was, however, an 85% narrower loss than posted a year earlier.
January 26 -
With dwindling capital and mounting losses, ShoreBank Corp. in Chicago is seeking a bailout from the state of Illinois.
January 26 -
As the frontrunners in Florida's gubernatorial race debate who should regulate rogue collection agencies - each arguing the other failed to police the industry as required by their current political roles - the collection industry will closely track developments in the race leading up to the November election.
January 26 -
If you think the FBOP story was interesting ["Legislators Call FDIC Too Hasty in FBOP Closure," Jan. 22], you should look into the failure of a true community bank, Peoples First Community Bank in Panama City, Fla.
January 26



