Consumer banking
Consumer banking
- Rhode Island
The city of Providence, R.I., has sued Santander Bank, alleging that bank violated the Fair Housing Act by refusing to make prime mortgage loans available in minority communities.
May 29 -
Square, which built its business on the simplicity of its plug-in payment device, is piling on services that should make banks and other companies take notice.
May 29 - Ohio
Fifth Third Bancorp (FITB) of Cincinnati expects to report an $81 million gain in the second quarter after selling shares of payment process firm Vantiv (VNTV).
May 29 - Ohio
Cleveland's Third Federal Savings and Loan is adding three states to its growing national home lending presence.
May 29 -
The largest real estate company in Alabama was ordered by the Consumer Financial Protection Bureau to pay for practices that illegally benefited an affiliated firm.
May 29 -
The National Credit Union Administration has approved the sale of Flint River National Bank in Camilla, Ga., to Five Star Credit Union in Dothan, Ala.
May 29 -
Dish Network Corp. subscribers will soon be able to pay their bills using bitcoin, the online virtual currency that's drawn scrutiny from regulators.
May 29 -
Americans don't understand their credit scores, specifically the way they are calculated, and are possibly damaging their credit reports as a result, according to a new survey.
May 29 -
With the reduction in payday loans, prompted by a 2009 law, comes a drop in payday loan stores.
May 29 -
Solera National Bancorp (SLRK) lost its proxy battle at the ballot box, though the Lakewood, Colo., company still hopes it can win in the courtroom.
May 28 -
Financial Institutions (FISI) in Warsaw, N.Y. has agreed to buy Scott Danahy Naylon, an insurance agency in Amherst, N.Y.
May 28 - California
The head of a California mortgage lender who perpetrated a $5.3 million mortgage fraud scheme against Ally Financial will serve more than four years in prison.
May 28 -
WASHINGTON The Consumer Financial Protection Bureau fined RealtySouth, Alabama's largest real estate firm, $500,000 for allegedly steering consumers to an affiliated title services company.
May 28 -
Seacoast Commerce Bank (SCCB) in San Diego has opened a new loan production office in Boise, in an effort to extend its Small Business Administration lending business to Idaho and eastern Washington.
May 28 -
Much has been made of how Basel III requirements have dulled banks' appetite for mortgage servicing rights, but a handful of institutions are buying within regulatory limits.
May 28 -
An increasing number of severely delinquent mortgages that were securitized during the boom years are sustaining losses that are greater than the loan's original principal balance.
May 28 -
The Arkansas company has been aggressive this year, agreeing to buy banks with a total of $3.4 billion in assets. The buying spree is partially driven by a currency lifted by a bankruptcy deal Simmons First completed last year.
May 28 -
United Bank in Zebulon, Ga., has agreed to acquire Monroe County Bank in Forsyth, Ga.
May 28 -
FirstBank in Lakewood, Colo., has opened a new branch in Denver's newly renovated Union Station building.
May 28 -
Consumers in the market for new banks will find the most affordable options in the Midwest and South, according to a study from GoBankingRates.
May 28


