Consumer banking
Consumer banking
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At banks of all sizes — from the $7.2 billion-asset WSFS Financial to the $373 billion-asset Capital One — marketing budgets ballooned in the fourth quarter.
January 29 -
The Germantown, Md.-based institution can now serve residents throughout the Washington, D.C., region.
January 29 -
Woodforest National Bank made so many C&I loans that it cut into capital and required more liquidity. It has shifted gears, selling two business lines as it refocuses on deposit gathering.
January 29 -
CrediFi helps bankers pursuing commercial real estate loan growth minimize the risk in lending to customers they historically haven't served.
January 29 -
Earnings fell well short of analysts' estimates due in part to a 28% increase in interest expenses.
January 29 -
The 35-day partial government closing was a stark reminder that many Americans live paycheck to paycheck, and financial firms need to help solve that problem, the mobile banking firm’s CEO says.
January 29 -
Many bankers say they’re more comfortable with using artificial intelligence behind the scenes, but others — including Synchrony and Wells Fargo — insist AI can be used to interact with customers if it’s deployed properly.
January 28 -
Bigger banks complained that a two-tier system would force them to rethink their models, while smaller banks raised concerns about adding more complexity to an already burdensome process.
January 28 -
Both banks' need for scale started the conversation and the lifting of the SIFI threshold helped seal the deal. Here are five takeaways from one of the industry's biggest recent mergers.
January 28 -
Auto lending in particular was a strong area for institutions in both states.
January 28 -
Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be based in Detroit, Chemical's hometown, and operate under the TCF brand.
January 28 -
Among the things we've learned this earnings season: C&I is back, fee income is flat, and leveraged lending is beginning to "rear its ugly head."
January 27 -
At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform.
January 25 -
The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players.
January 25 -
The New York company will also match donations made by its employees to Feeding America and United Way Worldwide.
January 25 -
Small businesses short on cash can use advances from Fundbox to buy products from online suppliers.
January 25 -
Keith Wilton will also succeed Walter Kaczmarek as president in August.
January 25 -
The Pennsylvania company said it expects the digital bank to become profitable by the end of this year.
January 24 -
An improved net interest margin helped offset a slight decrease in fee income at the Wisconsin company.
January 24 -
The Lake Mary, Fla., credit union has agreed to buy Fidelity Bank of Florida, which the SBA designated as a certified lender in 2017.
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