Consumer banking
Consumer banking
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Banks are taking back more farmland through foreclosure than at any point in the past three years as low crop prices, epic flooding and the Trump administration’s trade spat with China have left many farmers struggling to pay their debts.
September 11 -
The company says its exposure involves a participation loan to a business customer for which it was the originator.
September 11 -
Academy Bank in Kansas City, Mo., which shuttered nearly a quarter of its branches between 2015 and 2018, is now in expansion mode. Its CEO explains his renewed affinity for brick and mortar.
September 11 -
The Pittsburgh company is sticking with its plan to grow through expanded lending and branch openings in new markets, William Demchak told investors and analysts Wednesday.
September 11 -
Changes in consumer behavior patterns will force banks to reassess the information they use to attract customers.
September 11 -
Hal Schroeder of FASB claims that investors have no confidence in the current loss standard. Several investors at a prominent accounting conference disagree.
September 10 -
The unnamed borrower was the victim of an alleged scam by another company.
September 10 -
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Numerated, a vendor of loan prospecting, marketing and underwriting software that was developed within Eastern Bank, now has $32 million.
September 10 -
Bank Independent in Alabama was among the first to let customers bank through Amazon Alexa. Its digital chief, Kelly Burdette, shares how and why.
September 10 -
The massive scale of the e-commerce market is burdening community banks with its volume of payments. But there may be strength in numbers.
September 10 -
When the former vice president and Massachusetts senator appear together in Houston, they could present two contrasting visions of financial policy within the presidential field.
September 9 -
A proposed combination of First Defiance and United Financial is designed to create an Ohio company that can better weather shocks from lower rates and economic uncertainty.
September 9 -
Donald Wetzel, the man who devised the first U.S. cash dispenser, says automated tellers will always exist — even as they evolve beyond their initial purpose.
September 9 -
M&T has skillfully used hedges, maintained an appropriate loan mix and resisted offering market-leading deposit rates, its chief financial officer said at a financial services conference.
September 9 -
On Jun. 30, 2019. Dollars in thousands.
September 9 -
On Jun. 30, 2019. Dollars in thousands.
September 9 -
The deal between First Defiance and United Community would create a $6 billion-asset bank.
September 9 -
Charging customers $40 for a $10 overdraft “makes no mathematical sense,” Chime CEO Chris Britt says in a critique of traditional banks.
September 8 -
Skip Brown, an executive with Winston-Salem Banking Group, says it has signed a letter of intent to buy a community bank three months after withdrawing a charter application.
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