Consumer banking
Consumer banking
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Executives still have a number of reasons to put off acquisitions, as a dearth of natural targets and regulatory scrutiny still provide enough reasons to be hesitant. As a result, 2015 deal activity is flat compared with a year earlier.
August 6 -
Atlantic Coast Mortgage's Ashley Smith explains why keeping her referral partners happy is the key to her success as a loan officer.
August 6 -
Customers expect mobile banking services but they're not necessarily impressed by them. Bank marketers should instead emphasize their institutions' problem-solving capabilities and skilled professionals.
August 6 -
CoBiz Financial's bank chairman, Jonathan Lorenz, will retire in December.
August 6 -
Senate Democrats are accusing the Education Department of conducting a deeply flawed review of whether agency contractors cheated military service members on their federal student loans.
August 6 -
Council members in Eclectic, Ala., unhappy with the collection agency that pursues debts owed to the towns Emergency Medical Services division, voted this week to hire Simmons Collection Agency instead.
August 6 -
M&T Bank said it's in discussions with U.S. officials to settle an investigation into the lender's origination and sale of federally insured home loans.
August 6 -
WASHINGTON The Consumer Financial Protection Bureau has ramped up its push for the mortgage industry to switch to an electronic closing process after results from a pilot program showed consumers favored it over in-person mortgage closing.
August 6 -
Prosperity Bancshares in Houston has ended a short, self-imposed break from acquisitions, agreeing to buy Tradition Bancshares in Houston.
August 6 -
The Consumer Financial Protection Bureau has ramped up its push for the mortgage industry to switch to an electronic closing process after results from a pilot program showed consumers favored it over in-person mortgage closing.
August 5 -
Coast Bancorp has sold two buildings next to its bank's headquarters in San Luis Obispo, Calif., and has refinanced debt.
August 5 -
Banc of California in Irvine, Calif., has named James McKinney principal accounting officer
August 5 -
Lawyers' private emails reveal just how much a pair of 2013 interchange-fee settlements favored the credit card industry. But those suits could be headed back to square one, giving retailers the chance to fight for better terms.
August 5 -
Capital One Financial in McLean, Va., has been hit with an enforcement action by federal regulators for deficiencies in anti-money laundering compliance that were connected to a former check-cashing business.
August 5 -
Old Line Bancshares in Bowie, Md., has agreed to buy Regal Bancorp in Owings Mills, Md.
August 5 -
In the worst-case scenario, they'll get state licenses and reprice a portion of their loans, but executives of the highflying industry say they doubt such steps will be necessary.
August 5 -
Summit Financial Group in Moorefield, W.Va., said its employee stock-ownership plan has acquired a stake in the company from a Louisiana bank.
August 5 -
Prospective borrowers for single-family homes will be required to make a minimum down payment of 15% of the purchase price, down from 20%. The borrower must have a minimum FICO score of 680, down from 740.
August 5 -
Heritage Oaks Bancorp in Paso Robles, Calif., has purchased of $3 million worth of its trust-preferred securities.
August 5 -
Washington Trust has significantly increased its deposit market share in Rhode Island in the past five years, without buying any banks, and is casting its eye across the state's borders. We talk growth strategy with the company's CEO and its COO.
August 5





