RIVERWOODS, Ill.-CU members were more optimistic about the economy than non-members, according to the April Discover U.S. Spending Monitor. The poll tracks economic confidence and spending intentions throughout each month with 8,200 consumers. Members ranked the economy at 92.2 in April-an increase over 90.8 in March. Non-members' sentiment was at 87.5 in April and 88.7 in March, while rankings by overall adults-members and nonmembers alike-were at 89.4 in April and 89.5 in March. Still, 55.8% of members and 55% of total adults surveyed rated the overall economy as "poor" in April. In March, 53.3% of members gave the same rating.
-
Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17