Consumer banking
Consumer banking
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First Financial Holdings (SCBT) in Columbia, S.C., reported a big leap in first-quarter profits thanks largely to double-digit growth in its loan portfolio.
April 25 -
TowneBank (TOWN) in Suffolk, Va., said that improved credit quality helped boost its first-quarter earnings 6.3% from a year earlier, to $11.1 million.
April 25 -
Idaho Banking is the latest bank set to change hands through the bankruptcy process.
April 25 -
Howard Bancorp in Ellicott City, Md., has agreed to buy a branch from Rising Sun Bancorp in Rising Sun, Md.
April 25 -
Bryn Mawr Bank (BMTC) in Pennsylvania will have a new chief executive at the end of this year.
April 25 -
Midland, Texas, is the latest in a growing number of cities proposing an ordinance that affects payday lenders, or credit access businesses.
April 25 -
Ken Lewis clearly hid material information about Merrill from his shareholders at BofA. So why does his settlement feel so wrong?
April 25 -
Seacoast Banking Corp. of Florida (SBCF) in Stuart has agreed to buy The Bankshares in Winter Park, Fla.
April 24 -
Three of Certus' ousted executives depict a behind-the-scenes struggle at the Greenville, S.C., bank as management, directors and investors were often working at cross purposes. The lawsuit also discusses a possible merger with an unnamed bank that never took place.
April 24 -
Improved credit quality and income from venture capital and private equity investments helped SVB Financial (SIVB) in Santa Clara, Calif., more than double its first-quarter profits.
April 24 -
TFS Financial (TFSL) in Cleveland boosted first-quarter profits by 28% as improved credit quality allowed it to chop its loan-loss provision in half.
April 24 - California
Aided by strong growth in loans and income from trust services, City National (CYN) in Los Angeles reported net income $54.5 million the first quarter, up 6% from the same period last year.
April 24 -
Harvard Illinois Bancorp wants to name the son of a retiring director to replace him. It says the son is qualified for the job, but investor Joseph Stilwell -- who is backing another nominee to the board -- disagrees.
April 24 -
The issue of serving so-called "underbanked" borrowers has taken on a new urgency since regulators began cracking down on payday and certain other low-dollar, high-interest loans, prompting fears of a credit crunch for low-income consumers. The FDIC is looking at banking by mobile phone and other possible solutions as a way of bridging the gap.
April 24 -
First Merchants Corp.(FRME) in Muncie, Ind., is benefiting from loan growth after a recent acquisition.
April 24 -
The National Credit Union Administration approved a final rule on capital planning and stress testing at its open board meeting Thursday that contained some changes but maybe not enough to satisfy credit unions.
April 24 -
Bankers aren't normally thought of as sartorial trendsetters, but JPMorgan Chase and Huntington recently won awards from the Image Apparel Institute for their branch employees' uniforms.
April 24 -
The Senate Banking Committee is scheduled to vote Tuesday on a stack of pending nominees to the Federal Reserve Board and other agencies, before it proceeds with a highly anticipated vote on a bill to overhaul the housing finance market.
April 24 -
Reliant Bank in Brentwood, Tenn., is reportedly in talks to sell itself with Commerce Union Bank in Springfield, Tenn.
April 24 -
Bigger banks have shifted their efforts to deposit growth in advance of proposed liquidity rules. As a result, community banks are seeing more opportunities to lend, particularly in commercial lines that were once the domain of larger lenders.
April 24



