Consumer banking
Consumer banking
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A Colorado credit union's failed court battle against the Fed has led to renewed calls for U.S. lawmakers to offer stronger protections to financial institutions that provide banking services to legal pot growers and distributors.
January 6 -
Johnson Financial Group in Racine, Wis., has agreed to buy the wealth management business of Cleary Gull Advisors.
January 6 -
Tompkins Financial in Ithaca, N.Y., said that its Tompkins Insurance Agencies unit bought Shepard, Maxwell & Hale Insurance.
January 6 -
Deloitte has named Kenny Smith leader of its financial services industry group in the U.S., succeeding Robert Contri, who had held the role since 2011.
January 6 -
As the purchase market heats up, banks are looking to utilize digital tools meant to make the daunting homebuying experience easier.
January 6 -
After several years of tussling with mortgage rules and their implementation, the Consumer Financial Protection Bureau is focusing on several areas that will primarily affect the nonbank market, including debt collection, payday-type loans and prepaid cards.
January 6 -
Several small banks are beginning to offer employer-based loans, a payday loan alternative for under-banked consumers.
January 6 -
Bank of the Ozarks' willingness to buy C1 Financial in Florida depended, in part, on CEO Trevor Burgess staying with the company, regulatory filings show. Bank of the Ozarks also insisted that C1 sell $43 million in Brazilian loans before agreeing to a $403 million merger.
January 6 -
MainSource Financial Group in Greensburg, Ind., has named Karen Woods as chief risk officer and corporate counsel.
January 6 -
The Seattle-based tech giant, in its latest foray into the financial services business, has begun offering installment loans to British consumers.
January 6 -
Most U.S. states have established student loan forgiveness programs that are often offered to public service employees to help borrowers who have federal aid or dont qualify for Department of Education programs.
January 6 -
Banks finally appear ready to turn the corner on how they view overdrafts and the change of direction could help not only the industry's public image, but also the bottom line.
January 6 -
The Federal Trade Commission is publishing procedures for the administrative collection of debts, including those arising under judgments and orders of the FTC.
January 6 -
Enterprise Financial Services in Clayton, Mo., has announced the retirement of its bank's executive chairman and chief credit officer.
January 6 -
Diebold CEO Andy Mattes shares his vision for how ATMs will evolve over the next 10 years.
January 6 -
A federal judge has rebuffed a legal challenge by a credit union in Colorado that was set up to serve the marijuana industry but then denied access to the U.S. payment system.
January 6 -
Two payday lenders have settled Federal Trade Commission charges that they illegally charged consumers across the country undisclosed and inflated fees.
January 6 -
Northway Bank in Berlin, N.H., has exited the Small Business Lending Fund.
January 6 -
Carolina Financial in Charleston, S.C., has agreed to buy Congaree Bancshares in Cayce, S.C.
January 6 -
Subpar mentoring programs for recruits new to the banking industry could be the reason institutions are finding it hard to keep new talent.
January 6





