Consumer banking
Consumer banking
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Shares in Green Bancorp jumped nearly 14% following the Houston companys initial public offering.
August 8 -
Regulators have released MetaBank in Storm Lake, Iowa, from a consent order tied to a payday-like loan program it once offered.
August 8 -
Executives at Allegiance Bancshares have long been vocal about their desire to take the Houston company public. The company recently agreed to buy Farmers & Merchants Bancshares, giving it one more opportunity to boost its profile before taking the plunge.
August 8 -
Mutual of Omaha Bank has agreed to sell five branches to CIC Bancshares in Denver.
August 8 -
Santander Consumer received a civil subpoena from the Department of Justice about its subprime auto lending business, part of a probe into practices in the booming area of financing car purchases for people with spotty credit.
August 8 -
Northern Trust in Chicago has appointed Peter Jordan as head of global fund services for the bank's Asia-Pacific region.
August 8 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
August 8 -
Fair Isaac's new credit scoring model includes enhancements to evaluate borrowers with limited credit histories and quantify the risk associated with different types of debt.
August 8 -
Fair Isaac Co. revealed Thursday that its revamped credit score model will not weigh medical debt as heavily as previous versions, a key change given that medical debt accounts for nearly half of all unpaid collections on consumers' credit reports.
August 8 -
More than 1,300 consumers victimized by two related mortgage relief scams will be getting approximately $800,000 as a result of a settlement announced Friday by the federal government.
August 8 -
The deal is for approximately $70 million in cash with Encore Capital making additional payments totaling $126 million to retire some of Atlantic Credit & Finance's debts and obligations.
August 8 -
Banner Corp. in Walla Walla, Wash., has agreed to buy Siuslaw Financial Group in Florence, Ore.
August 8 -
Peoples Bancorp in Marietta, Ohio, has raised $40 million through a private placement.
August 8 -
Peyton Patterson has resigned from Bankwell Financial in New Canaan, Conn., less than two months after she was ordered to pay $350,000 in Amex bills and had to resolve other personal financial matters. She had led the company since 2012.
August 7 -
Two separate cases involving collection agencies that allegedly violated federal debt collection laws were closed Thursday in settlements announced by the Federal Trade Commission.
August 7 -
Fifth Third Bancorp has agreed to pay about $1.5 million to settle allegations it discriminated against mortgage borrowers with physical disabilities.
August 7 -
A loyal patron of the Connecticut bank celebrated her upcoming 95th birthday with some flowers courtesy of the CEO and a chauffeured ride to the annual meeting.
August 7 -
Ocean Bank in Miami has signed a three-year agreement to put its name at the top of Florida International University's football stadium.
August 7 -
Heritage Bank in Jonesboro, Ga., became one of the first banks to retire trust-preferred securities held by the FDIC after a complex, year-long negotiation. The transaction could be a model for dozens of other lenders trying to avoid default and possible bankruptcy.
August 7 -
FICO has launched a credit risk prognosis tool financial institutions can use to stress-test their consumer loan portfolios.
August 7


