Consumer banking
Consumer banking
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Colorado's State Banking Board voted 6-1 to stop Elevations Credit Union from buying Cache Bank & Trust. This is believed to be the first time regulators have blocked such a deal.
January 16 -
While the Maryland company claimed it has margins and credit issues under control, it couldn't provide any clarity on rising legal expenses.
January 16 -
Lenders grew more optimistic that Congress will undo or narrow the loan-loss accounting standard after members of a House subcommittee assailed Russell Golden for approving the rule without studying its impact on credit availability.
January 16 -
Alan Kline, a 22-year veteran of American Banker, has previously served as editor-in-chief of US Banker.
January 16 -
Executives at Beach Community want to pursue more acquisitions in central Florida.
January 16 -
The Massachusetts savings bank will gain branches in two communities as part of the acquisition.
January 16 -
The New York bank was burned by a core replacement project that failed in 2011. This time it's using its PurePoint unit as a test lab and co-developing the software.
January 15 -
The New York bank said Wednesday that its first-ever credit card has brought in nearly $2 billion of loans in less than six months.
January 15 -
Wells was ordered to pay USAA $102.8 million for infringing on its mobile deposit patents. It follows a separate lawsuit loss in November also related to patents.
January 15 -
The Atlanta Fed offers ways rural institutions can keep and nurture talent while pooling resources with their peers to excel in a challenging environment.
January 15 -
Organizers of First Women's Bank have also filled two key executive posts.
January 15 -
The Wyoming-based credit union will gain about $100 million in deposits as a result of the deal.
January 14 -
As the regulatory agencies have struggled to reach a consensus, a proposal championed by Office of the Comptroller of the Currency has divided lawmakers and been assailed by community groups.
January 14 -
Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits.
January 14 -
The banking giant is counting on continued growth in cards, deposits and digital accounts to drive returns higher in 2020.
January 14 -
The San Francisco bank is also bulking up in Florida and Wyoming, no-tax states where many of its affluent clients have retired or have second homes.
January 14 -
The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust.
January 14 -
The bank is investing in a new authentication platform because password-based security systems have too many weaknesses, says Juan Francisco Losa, BBVA’s global head of security architecture.
January 14 -
Thirty-seven years after the release of Quicken desktop software, the company is launching a streamlined app to reach a new demographic.
January 14 -
Driver Management wants shareholders of Community Bankers Trust to push the Richmond company to find a buyer.
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