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Unlike online lenders, banks are focusing primarily on consumers with solid credit scores. But unsecured loans to prime borrowers have a limited track record, so it’s hard to predict how they’ll perform when the economy inevitably weakens.
November 22 -
Scott Custer is set to become chairman of Dogwood State Bank, a proposed North Carolina de novo.
November 21 -
Bank groups are pushing a variety of proposals to delay the loan-loss rule or soften its impact. The accounting standards board has agreed to review at least one of them — but at a pace that might not be fast enough for lenders.
November 21 -
Jelena McWilliams is responding to concerns from Republican members of Congress that FDIC staffers are discouraging banks from doing business with certain industries.
November 21 -
The Michigan company has committed $50,000 to the partnership over the next two years amid a big push to modernize its product and service offerings.
November 21 -
Loan growth in both states exceeded the national average through the first half of the year, along with improvements in delinquencies and average assets.
November 21 -
From fighting childhood hunger to helping college-bound students, here's another look at how credit unions are giving back.
November 21 -
Heartland BancCorp received the funds through a private placement to invest in several possible expansion options.
November 21 -
City of Boston Credit Union also expanded its field of members earlier this year. The moves are part of a long-term growth strategy to remain competitive.
November 21 -
There's never a good time to expose customer data, but the incident Amazon disclosed Wednesday could upend two major events: Black Friday/Cyber Monday and a reported effort to get merchants to accept Amazon at the point of sale.
November 21













