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As home equity lines of credit hit the five-year mark and borrowers have to start repaying principal, lenders might have to modify these second liens to avert defaults.
March 19 -
Timothy Mullen, the company's former chief investment officer, wants management to informally evaluate the "best avenue to enhance long-term shareholder value," including any benefits from finding a buyer.
March 19 -
When a business needs to get in sync with its suppliers, that's logistics, as the shipping jingle goes.
March 19 -
A 2012 proposal to enable the processing of electronic transactions on the same day they're initiated died unceremoniously. But now there's a renewed push for faster payments.
March 19 -
The Federal Reserve Board has terminated a written agreement with Remer Bancorp. in Minnesota.
March 19 -
Poage Bankshares (PBSK) in Ashland, Ky., has completed an acquisition that incensed one of its biggest investors.
March 19 -
Rockville Financial (RCKB) in Glastonbury, Conn., and United Financial Bancorp (UBNK) in West Springfield, Mass., have secured four of the five regulatory approvals needed to complete their high-profile merger.
March 19 -
Salisbury Bancorp (SAL) in Lakeville, Conn., has agreed to buy Riverside Bank in Poughkeepsie, N.Y.
March 19 -
NexBank has appointed Craig Campbell president of NexBank Securities and senior managing director of NexBank Capital Advisors.
March 19 - Washington
WASHINGTON One of the reasons CUNA chose Bill Cheney to lead the trade association in 2010 his credit union roots now appear to be the reason why the executive is leaving after just four years at the helm.
March 19 -
River Valley Community Bank (RVVY) in Yuba City, Calif., is set to have a new chief executive.
March 19 -
Oak Valley Bancorp (OVLY) in Oakdale, Calif., has restated its fourth-quarter earnings after discovering that it made an error accounting for a common stock dividend.
March 19 -
Associated Banc-Corp (ASBC) in Green Bay, Wis., seems poised to make acquisitions.
March 19 -
Westfield Bancorp in Westfield Center, Ohio, has agreed to buy Valley Savings Bank in Cuyahoga Falls, Ohio. The deal will give Westfield two additional branches and boost its assets to nearly $1 billion.
March 18 -
The organization that runs the automated clearing house network wants to phase in same-day payments in three stages, but backers of a speedier system say the plan -- the second such effort in two years -- still is not enough.
March 18 -
Over half of Americans blame Target and Neiman Marcus for the recent data breaches suffered by their customers and think merchants should prevent future incidents, according to a national survey commissioned by Feedzai.
March 18 -
ALEXANDRIA, Va. Total projected assessments from the NCUA's Temporary Corporate Credit Union Stabilization Fund dropped by $2.2 billion during the second half of 2013, the regulator announced Tuesday, adding it was "hopeful" that no future CU assessments would be necessary.
March 18 -
There is a lot of work to be done behind the scenes before Citizens can become independent of Royal Bank of Scotland, including the establishment of new technological, administrative and financial reporting systems, CEO Bruce Van Saun says.
March 18 -
Cybersecurity firm Trustwave has acquired Cenzic, a company that helps organizations test their applications' vulnerability to hacker attacks.
March 18 -
First Commonwealth Financial (FCF) in Indiana, Pa., is bringing its corporate banking business to Ohio.
March 18







