Consumer banking
Consumer banking
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Two House Financial Services subcommittee chairmen are urging the Consumer Financial Protection Bureau to delay enforcement of a new disclosure regime due to take effect this summer until Jan. 1.
April 10 -
Synovus Financial in Columbus, Ga., has a new chief executive for its Tallahassee State Bank: Matt Brown, who had been a market president at Centennial Bank.
April 10 -
Bankers who hold political offices can become advocates for their communities while boosting the profile of their banks. Still, they must be mindful of the time constraints and potential conflicts of interest that come with having dual jobs.
April 10 -
The Western Independent Bankers, a San Francisco industry group, has a new president and chief executive.
April 10 -
Financial Institutions Inc. in Warsaw, N.Y., increased the size of its debt offering by 14% due to high demand.
April 10 -
A federal court has temporarily halted Los Angeles-based Wealth Educators Inc. and its president from offering mortgage relief services after the Federal Trade Commission charged the operation with failing to provide the help promised to homeowners, while charging a large illegal upfront fee for services.
April 10 -
MultiCare Health Systems, a Tacoma, Wash.-based nonprofit, is the subject of a new report citing questionable billing practices and collection methods that leave some patients in endless cycles of debt.
April 10 -
Critics of the Consumer Financial Protection Bureau's proposals to rein in payday loans argue that onerous requirements could force many lenders to shut down, leaving cash-strapped Americans with few options for short-term credit. But the truth is payday loans often leave low-income borrowers in even worse straits.
April 10 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
April 10 -
The dialogue comes as the central bank is mulling a potentially momentous application by an upstart credit union that hopes to serve the marijuana industry.
April 9 -
BankMobile, a division of Customers Bank in Phoenixville, Pa., announced that it will be one of the first banks to adapt its mobile application specifically for the soon-to-launch Apple Watch.
April 9 -
JPMorgan chief Jamie Dimon tried to defend his bank's size and scope by suggesting that community banks are just as vulnerable in a crisis. But he succeeded only in proving that Wall Street firms will make the same mistakes all over again unless the government takes steps to disincentivize their risky behavior.
April 9 -
WASHINGTON The Federal Reserve Board finalized a rule Thursday that could spur small bank deals by expanding the number of bank holding companies that qualify for an exception allowing them to carry more debt.
April 9 -
Pinnacle Financial Partners has struck its first deal in nearly eight years, and it has the capacity to do more as it seeks to double its assets in Tennessee. But CEO Terry Turner says it is more likely to grow organically because there aren't many banks left in the state that he would want to buy.
April 9 -
First Horizon has agreed to pay $212.5 million to settle claims tied to the Memphis, Tenn., company's past underwriting and origination of certain loans.
April 9 -
WASHINGTON Mortgage lender RMK Financial Corp. is facing a $250,000 fine by the Consumer Financial Protection Bureau on grounds that it used deceptive advertising.
April 9 -
Bank card and closed-end loan delinquencies rose in last years fourth quarter but were still near record lows, according to the American Bankers Associations Consumer Credit Delinquency Bulletin.
April 9 -
Idea Bank in Poland aims to win over new small-business customers with an Uber-like service that orders cars equipped with ATMs and cash deposit machines to drive to them.
April 9 -
Anchor BanCorp Wisconsin said Thursday that it has offered buyouts to nearly 20% of its employees and is closing six branches as part of its ongoing effort to improve efficiency.
April 9 -
Financial Institutions Inc. in Warsaw, N.Y., has begun a $35 million debt offering to help fund growth.
April 9



