Consumer banking
Consumer banking
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Stonegate Bank in Florida figured its balance sheet was too small and undiversified to stay independent. But it was choosy in approaching potential buyers and aggressively scrutinized the lead bidder’s loan book.
May 10 -
Banks have warmed up to digital wealth management tools but will need to use their human advisers, too, to beat fintechs.
May 10 -
Regions Financial is taking steps across its 1,500-branch network to embrace consumers with autism and train its staff to help them. Business development, not just compassion, is part of the motivation.
May 10 -
American banks’ slow adoption of application programming interfaces is one reason the world’s largest economy has stumbled in advancing digital banking.
May 10 -
The 2015 written agreement had required Four Oaks to improve corporate governance.
May 10 -
The agency sold nearly 10.3 million shares in First BanCorp in San Juan, Puerto Rico, for $57.7 million.
May 10 -
CUs are holding blood drives, casual days, bake sales and more to give back to their communities and enrich the lives of the members they serve.
May 10 -
The recent earnings season shined a light on community bankers’ tactical moves. Here’s a look at what some institutions are planning in coming months.
May 10 -
After a bogus-accounts scandal spooked new clients and crimped profitability, Wells Fargo may eliminate more branches and dismiss staff.
May 10 -
The consumer banking experience still needs work. But instead of investing money in consumer-facing products, we must invest in critical yet less sexy infrastructure improvements.
May 10 -
A tech JV between Live Oak and First Data aims to do for small-business deposits what the bank previously did for lending.
May 10 -
The Pasadena, Calif., firm also reported growth in the number of active prepaid cards for the first time since the second quarter of 2015. Profits rose by 24%.
May 9 -
One Bank & Trust in Arkansas just sold itself to the Treasury, resolving a legal judgment and clearing the way for a resale to the private sector.
May 9 -
Credit unions announce a bevy of new leaders among the recent new hires, promotions and appointments.
May 9 -
Bank of Austin still needs approval from the Federal Deposit Insurance Corp., though organizers remain hopeful it can open this summer.
May 9 -
The acquirer of the failed Guaranty Bank took a pass on the latter’s 107 in-store branches, leading to their shutdown and a disruption in service for many low-income customers.
May 9 -
Despite major fanfare about new challenger institutions or digital-only bank brands, technology and revenue difficulties are among the factors threatening their ability to adapt and grow.
May 9 -
The top executives at Guaranty Bank said that, after years of struggles, the $1 billion-asset bank was a month or two away from raising the capital it needed to survive.
May 9 -
Current, an app debuting Tuesday, updates the joint account for an era of tweens with smartphones.
May 9 -
The post-election rally in banking stocks has given certain buyers the ability to make acquisitions that would add to tangible book value, perhaps making it easier for them to pursue more deals.
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