Consumer banking
Consumer banking
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The $1.7 billion-asset First State expects its deal for $264 million-asset Central to close before the end of the year.
July 23 -
The Consumer Financial Protection Bureau's new integrated disclosure regulations could pose problems for warehouse line providers along with their mortgage lender clients.
July 23 -
Renee Nash was named to the $155 million-asset bank's board Monday. Folsom Lake's board has varied in number over the years, between nine and 12 members. The bank currently has 10 directors.
July 23 -
Huntington Bancshares in Columbus, Ohio, reported higher quarterly in profit that reflected higher in mortgage banking fees and steady loan growth.
July 23 -
Capital One Financial Corp., the credit-card lender that grew into a diversified bank, hired former PayPal executive Don Kingsborough to help run a division that makes strategic investments in technology startups.
July 23 -
The Consumer Financial Protection Bureau, citing illegal student loan and debt collection practices, on Wednesday fined Discover Bank $18.5 million.
July 23 -
The U.S. Department of Defense on Tuesday issued the final Military Lending Act (MLA) rule to protect service members from predatory credit practices and grow their financial protections.
July 22 -
Eagle Bancorp in Bethesda, Md., exceeded analysts' expectations for the second quarter.
July 22 -
Texas Capital Bancshares in Dallas reported a higher second-quarter profit, citing increased lending and a boost in the number of loans held for investment.
July 22 -
TrustCo Bank Corp NY in Glenville, N.Y., has agreed to improve corporate governance, capital planning, internal auditing and other areas after federal regulators found the issues during an examination.
July 22 -
Discover Financial Services in Riverwoods, Ill., continued its run of quarterly profit declines in the second quarter, due primarily to higher costs for compliance, marketing and customer rewards.
July 22 -
HomeTrust Bancshares in Asheville, N.C., has hired PNC Financial Services Group banker Kristin Powell as co-director of mortgage lending.
July 22 -
American Express Co., the biggest credit-card issuer by purchases, posted second-quarter profit that beat analysts' estimates as expenses fell.
July 22 -
The Mortgage Bankers Association on Wednesday said the housing market recovery has shifted to "a higher gear," and it raised its forecasts for total originations and home purchases for this year and 2016.
July 22 -
Central Bancshares in Muscatine, Iowa, will change the name of some of its banks to CBI Bank & Trust.
July 22 -
HCBF Holding Co. in Fort Pierce, Fla., has agreed to buy OGS Investments in Gainesville, Fla.
July 22 -
Bankers were pleased with the dramatic leap in home lending last quarter, but they cautioned that volume will slow in the second half as rate increases curb refinancings, nonbanks provide stiffer competition, servicing costs remain high and underwriting standards change.
July 22 -
Fulton Financial in Lancaster, Pa., reported lower second-quarter profit, as low interest rates pressured lower yields on earning assets.
July 22 -
Buyout heavyweight Accel-KKR just bought a stake in Banker's Toolbox, a software company that helps community banks flag fraud. The PE firm says it was on the hunt for investments in the compliance space given the regulatory climate.
July 22 -
Discover Financial Services will refund $16 million to consumers and pay a $2.5 million penalty to resolve U.S. Consumer Financial Protection Bureau claims that the bank engaged in illegal student loan servicing practices.
July 22




