Consumer banking
Consumer banking
-
The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.
November 21 -
Brett Pitts joins from Wells Fargo, where he most recently was executive vice president and group head of digital.
November 21 -
Tech startups differ from a bank’s typical commercial clients; many want a trusted financial adviser.
November 21 -
CapStar claims Gaylon Lawrence violated the Change in Bank Control Act by building a 10% stake without prior Fed approval. The company says it's convinced Lawrence's long-term plan includes a hostile takeover.
November 21 -
Mike Warriner joins the bank with a focus on setting its digital platform strategy.
November 21 -
The agency's Quarterly Banking Profile said banks earned $47.9 billion in the third quarter, helped by a 7.4% increase in net interest income from the previous year.
November 21 -
Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance.
November 21 -
Carver Bancorp, which has spent 70 years serving minorities in Harlem and surrounding neighborhoods, is struggling to turn a profit. As black-run banks nationwide struggle to stay afloat, Carver's CEO insists the institution is on the right track.
November 20 -
Jefferson Financial Credit Union in Louisiana struck a deal to bring in $12 million in secondary capital, which is believed to be the biggest haul to date for a credit union. Will it embolden other CUs to pursue similar fundraising efforts?
November 20 -
Clearinghouse CDFI will use funds from the $2 million investment to support affordable-housing and economic development projects in communities and Native American reservations in California, Nevada and Arizona.
November 20 -
The Tennessee branches are being sold as part of First Horizon's deal to buy Capital.
November 20 -
Deciding how far to go to protect customers is a complex issue, but one that the industry should address soon as phishing attacks continue to mount.
November 20 -
Teaching financial literacy, being recognized by the SBA, showcasing the power of advocacy and other ways credit unions are giving back in their communities.
November 17 -
Jefferson Financial in Louisiana struck a deal to bring in $12 million in secondary capital, which is believed to be the biggest haul to date for a credit union. It could also embolden other credit unions to pursue similar fundraising efforts.
November 17 -
The credit union has agreed to buy State Bank of Georgia in Fayetteville.
November 17 -
The House-passed tax bill would eliminate the New Markets Tax Credit while the Senate bill would not reauthorize it when it expires in two years. Bankers and other proponents say that if it is discontinued many economic development projects in rural and low-income communities won’t be funded.
November 17 -
As the banking industry moves closer to adopting a faster payments system, bank executives have begun to think through the impact it will have on clients and banks themselves.
November 17 -
The company, which counts veteran banker Jay Sidhu among its investors, is selling to Ameris for $145 million in cash and stock.
November 17 -
The San Francisco company said Friday that it has terminated Franklin Codel, effective immediately, over an interaction he had with a former employee regarding that employee's termination.
November 17 -
Readers weigh in on the departure of Richard Cordray, debate whether online lenders are akin to subprime lenders, offer praise of a community banker, and more.
November 16

















