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Auto Financial Group (AFG), a provider of financing products for credit unions and banks, said its year-to-date growth figures show increasing momentum in new customer signings for AFGs balloon lending and remarketing programs.
December 16 -
Credit risk, interest rate risk and cybersecurity concerns pose growing risks to banks in the first half of 2016, according to a semiannual risk report issued Wednesday by the Office of the Comptroller of the Currency.
December 16 -
The banking industry had mixed opinions of the Fed's decision to boost rates. Most believe 25 basis points will do little to move the needle financially, but they are apprehensive about the impact more increases will have on deposits, lending and credit quality. Here is a sampling of what bankers have said in recent days.
December 16 -
Despite months of intense lobbying, the banking industry failed to secure a number of key reforms in Congress's must-pass spending package, unveiled Tuesday night.
December 16 -
The $933-million asset institution said in a press release Tuesday that the technology, provided by Louisville-based R.C. Giltner Services, will enable consumer and small-business customers to complete the loan application process in minutes.
December 16 -
Bank officials say they are ready for rising rates; disagree on how much the initial increase would help or hurt lending and the economy; and predict more rate increases next year.
December 16 -
LINO LAKES, Minn. Core processing provider Sharetec System, based here, said Stepping Stones Community Federal Credit Union in Wilmington, Del., has converted to the Sharetec Core system.
December 16 -
The Federal Open Market Committee Wednesday voted to raise federal interest rates from nearly zero for the first time since 2008, meeting market expectations but ushering in a new and uncertain normal for the banking industry.
December 16





