Consumer banking
Consumer banking
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Hillary Clinton's proposal for regulatory relief for smaller institutions largely tracks with ideas already discussed, but her backing could keep alive the momentum for a reg relief plan should she win in November.
August 26 -
Family Security Credit Union, a $580-million institution based in Decatur, Ala., said it has entered into a definitive agreement to purchase substantially all of the assets and assume the deposits of the privately held Bank of Pine Hill, based in Pine Hill, Ala.
August 26 -
This latest offering from Chase, the U.S. consumer and commercial banking arm of JPMorganChase & Co., is in partnership with digital car-buying service TrueCar.
August 26 -
Nat Hoopes, executive director of a trade group that represents the chief executives of Wall Street banks, is making the jump to fintech.
August 25 -
The U.S. Chamber of Commerce and 28 other business groups urged the Consumer Financial Protection Bureau to withdraw its proposal on arbitration and "go back to the drawing board." Their joint letter was one of thousands submitted to the agency.
August 25 -
Many lenders are still reluctant to give mortgages to borrowers with less-than-pristine credit, yet such loans are far more likely than prime jumbo loans to be bundled into collateral bonds. Sreeni Prabhu of Angel Oak Capital credits banks' behavior and higher interest rates for that reality.
August 25 -
A director at Citizens Independent Bancorp in Logan, Ohio, resigned after members of management chastised him for an email security breach.
August 25 -
New Bancorp in New Buffalo, Mich., has hired Shawna Zawada as controller and principal financial officer, days after Russell Dahl resigned as chief financial officer.
August 25 -
Equifax and TransUnion have stopped selling traditional credit reports, forcing lenders to buy their new, more expensive "trended" data reports that mortgage investors aren't using yet.
August 25 -
The Federal Housing Finance Agency announced the extension of the Home Affordable Refinancing Program through September 2017 as well as the creation of a new program for those with high loan-to-value ratios.
August 25 -
WASHINGTON The American Bankers Association has fired back at a White House research note that argued the Dodd-Frank Act was not driving community bank consolidation.
August 25 -
Astoria Financial has set a December date for its annual meeting this yearsomething the bank never expected to do.
August 25 -
As the Consumer Financial Protection Bureau prepares to finalize its rule on prepaid cards, the agency must clarify that automated overdraft products a common reason consumers dump their banks are not allowed on prepaid accounts.
August 25 -
Stonegate Bank in Pompano Beach, Fla., has agreed to buy Insignia Bank in Sarasota, Fla.
August 25 -
A long-running dispute between the Department of Housing and Urban Development and the agency's Office of Inspector General over down payment assistance programs is beginning to have an impact on lenders.
August 25 -
Lending Club hired a pair of Wall Street executives to strengthen relationships with investors after many pulled back from buying the loans it arranges online during a tumultuous second quarter.
August 24 -
The fifth-biggest bank in the U.S. strikes a deal with BlackRock's FutureAdvisor to offer automated investing service.
August 24 -
LendingClub wasnt alone in its suffering during the second quarter.
August 24 -
Opus Bank in Irvine, Calif., has started a public finance division and hired an executive from Umpqua Bank in Oregon to run it.
August 24 -
With flooding in a big portion of its market, Iberiabank executives detail how technology is helping it stay open for business in a way that could not have happened a decade ago.
August 24




