Consumer banking
Consumer banking
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The company will record a $2.1 million pretax gain in the second quarter after selling Summit Insurance Services to the Hilb Group.
May 6 -
Banco Bradesco said it will use the acquired bank to expand its investment offerings in the United States.
May 6 -
Big banks may have found a way to lower needed reserve levels; with Brexit delayed, Goldman will hold off on expansion.
May 6 -
Profitability improved significantly last year for banks with less than $2 billion of assets, but not because of anything they did. Some troubling trends lurk beneath those big gains too.
May 5 -
Tandem Bank has approval from the Georgia Department of Banking and Finance as its aims to become the state's first new bank since the financial crisis.
May 4 -
Aging tech systems have become a "pain point" in financial services, and VC firms have backed newcomers trying to push aside traditional vendors and win over banks and credit unions.
May 3 -
Community banks in the state have struggled to attract the funds to meet surging loan demand, but that could change now that a new law has made it easier for them to accept government deposits.
May 3 -
If credit unions hope to capture America's largest potential consumer base, they're going to have to do a better job of explaining their value proposition.
May 3 -
MidFlorida Credit Union has agreed to buy the $730 million-asset Community Bank & Trust of Florida in Ocala.
May 3 -
The National Credit Union Administration and the Small Business Administration have established a program to boost SBA lending by credit unions, which was very light last year. It is sure to irk bankers, who have raised competitive concerns.
May 3 -
The Yankton, S.D.-based institution can now serve 18 counties across two states.
May 3 -
The state should overhaul its Department of Business Oversight, but proposals to create a statewide financial protection bureau miss the mark.
May 3 -
The Money Anxiety Index, a measure of consumer saving and spending habits, has started rising off a 50-year low. The economist who created it says that means another slump is nearing, and that banks should use the intel in pricing deposits and making other decisions.
May 2 -
The Consumer Financial Protection Bureau proposed steps to ease Home Mortgage Disclosure Act requirements, just days after announcing it was retiring a platform to let users analyze raw mortgage data.
May 2 -
The Honolulu-based credit union said its earnings dropped by more than 37% from a year earlier.
May 2 -
Online banking and self-service options for customers free branch workers to focus on business development. Employees will need to step up to the challenge or they'll be left out.
May 2 -
Hudson Valley Federal Credit Union wants to eventually add eight counties to the four it currently serves.
May 2 -
Here are seven startups that received multimillion-dollar venture capital investments in recent weeks to accelerate the development of banking products and services.
May 1 -
Give Lindsay Lawrence a big job to do and she just might find a way to make it even bigger.
May 1 -
Paul Taylor previously served as CEO of Guaranty Bancorp in Denver, which was sold in January to Independent Bank.
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