Consumer banking
Consumer banking
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For the second time in a year, the scandal-scarred bank has launched a brand campaign aimed at restoring trust with customers.
May 7 -
Tax reform and the need for new, tech-savvy banks to compete with fintechs are high on a growing list of factors encouraging investors to gamble on banking startups.
May 7 -
New legislation calls on the USPS to begin offering banking services, which would be a dangerous use of government resources.
May 7 -
The class-action lawsuit filed by investors alleged that bank executives deliberately failed to disclose the full nature of its cross-selling practices to shareholders.
May 4 -
One woman's legal battle of more than a decade could develop into one of the biggest gender discrimination lawsuits to hit Wall Street. Bank of America faces a complaint after its sexual harassment ouster, and loses another top female executive. Plus, lots of tech initiatives.
May 4 -
Onboarding technology isn't enough if the account opening process is too cumbersome, a J.D. Power survey finds.
May 4 -
The removal of costly appraisal requirements on tens of thousands of smaller commercial properties could help community banks better compete for loans they say they have been losing to nonbank lenders.
May 4 -
Preferred Bank's experience with an apartment developer is a reminder of how important strict underwriting terms will be as loan demand increases, rates rise and lenders try to outdo each other.
May 4 -
The northern Virginia company will also gain more branches around Washington as part of the $33 million deal.
May 3 -
A bank that can deliver a loan decision a little faster, or ask a client to input information just once, could get a leg up on the competition. But some executives are skeptical of software sales pitches and fear overpaying.
May 3 -
Leader Bank says it can land property managers as commercial clients by helping them handle tenant deposits — and possibly create opportunities to boost CRE lending.
May 3 -
A New Jersey community bank has launched a campaign that takes digs at the megabank while highlighting its own values. Should others follow its lead?
May 3 -
Though the prospects for these small banks look good in 2018, they also face serious challenges, particularly in the competition for low-cost deposits against the more digitally savvy megabanks.
May 3 -
Fifth Third is helping babies born in Chicago today (Get it? 5-3) save for college. It's the kind of nontraditional marketing that branding experts say more banks should experiment with.
May 3 -
Christopher Bergstrom led Cardinal Financial when it sold itself to United Bankshares in 2017.
May 3 -
Retaining experienced and competent employees is a crucial but often overlooked strategy for improving bank performance.
May 3 -
Dollar Bank has applied to form a mutual holding company as it nears a key regulatory threshold.
May 2 -
Green Apple Bank & Trust, which recently filed an application with regulators, plans to open in the western part of the state by the end of this year.
May 2 -
The serial acquirer is buying Delaware Place Bank, which is less than 1% of its size.
May 2 -
It might make sense to scrap a decades-old name, especially for banks with aggressive growth plans.
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