Consumer banking
Consumer banking
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R.C. Giltner Services says it can help smaller financial institutions sell reimagined checking accounts for a consumer base that's hankering for them.
July 7 -
Idaho Independent Bank (IIBK) in Boise will offer medical savings accounts to American Health Value customers.
July 7 -
Steele Street Bank & Trust decided to find a buyer when CEO Bob Malone realized the bank lacked the size to adequately court business in the Mile High City.
July 7 -
A recent GAO report called for the Consumer Financial Protection Bureau to be involved in interagency discussions about virtual currencies, but others say the bureau's jurisdiction is murky, technology may move too fast for consumer rulemaking and too much regulation too early could kill innovation.
July 7 -
Banc of California (BANC) in Irvine says it booked more than $1.4 billion in loans during the second quarter.
July 7 -
The plaintiff seeks class-action status, alleging World Acceptance misled investors and failed to disclose unfavorable business facts.
July 7 -
The Federal Trade Commission added new charges of mobile cramming to a complaint filed against an operation that allegedly sent millions of unwanted text messages and robocalls to consumers.
July 7 -
Many small banks lack the resources to make necessary investments in cybersecurity. One solution could be to institute regional centers that would allow banks to pool resources, train staff and investigate potential breaches.
July 7 -
New federal requirements for private mortgage insurers aim to standardize coverage across the market. That's left some companies looking for ways to distinguish their products as they vie for lenders' business.
July 7 -
A disparate-impact ruling against a small Texas bank was supposed to lower the cost of small-dollar loans for Hispanic borrowers, but it has instead had the opposite effect, writes Attorney Peter Weinstock.
July 7 -
GNB Financial Services in Gratz, Pa., has agreed to buy FNBM Financial in Minersville, Pa.
July 7 -
Regulatory requirements that bar homeowners with imperfect credit scores from receiving a mortgage are hurting minorities and the economy as a whole.
July 7 -
MainStreet Bank (MNSB) in Fairfax, Va., reported higher profits on double-digit loan and deposit growth in the second quarter.
July 3 -
Plaza Bank (PZBW) in Seattle has raised $4.2 million through a stock offering. The $79 million-asset bank said in a press release Thursday that unnamed individual investors participated in the offering.
July 3 -
SunTrust Banks (STI) has agreed to pay as much as $320 million to settle an investigation into its administration of Home Affordable Modification Program loans.
July 3 -
SunTrust agreed to pay as much as $320 million to resolve federal allegations it mishandled applicants for mortgage modifications.
July 3 -
Bank of America (BAC) has donated more than 240 homes in Florida to military veterans, including three who received Purple Hearts.
July 3 -
Investar Holding (ISTR) in Baton Rouge, La., raised more than $40 million from its initial public offering.
July 3 -
TFS Financial announced dividend plans recently that have many wondering whether it is headed toward a second-step conversion in the near future. The speculation makes sense, but the Cleveland company would face some obstacles.
July 3



