Consumer banking
Consumer banking
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The Treasury Department is searching for a bank to support the government's new retirement savings bond program.
February 28 -
New York Gov. Andrew Cuomo has granted Banking Development District designation to Brentwood, an underserved minority neighborhood in Islip on Long Island.
February 28 -
The three-year statute of limitations from when bank failures peaked has already passed, and yet filings of Federal Deposit Insurance Corp. suits against former officers and directors continue to grow.
February 28 -
A payday lending reform bill in Utah passed a vote in the state's House, by a 69-4 vote, and moves to the full Senate after the Senate Business and Labor Committee unanimously endorsed it Thursday.
February 28 -
The CFPB sued an Indiana-based college for predatory lending, the agency's first action in the for-profit college industry. Some students did not realize they had a private loan until they began getting collection calls, the lawsuit states.
February 28 -
Consumers facing mortgage trouble want help and are looking everywhere for it. Paying close attention to where and how homeowners seek information is how the servicing industry will put itself on the fast track to a better reputation.
February 28 -
Citigroup Inc. (C) cut its previously reported 2013 earnings for the fourth quarter and full year by $235 million after finding what it described as fraud by a customer of its Mexico subsidiary.
February 28 -
A bill aimed at altering the Consumer Financial Protection Bureau's structure and limiting its powers to regulate the consumer finance industry gained approval from the House of Representatives on Thursday but is unlikely to pass muster in the Senate.
February 28 -
Building simplified digital experiences, especially in financial services, is critical to institutional survival.
February 28 -
Some governments are getting into the digital currency game, offering their own alternatives to cash with traits that differ in meaningful ways from cross-border cryptocurrencies like Bitcoin.
February 28 -
First Horizon National (FHN) in Memphis, Tenn., has reached an agreement with Freddie Mac related to home loans originated and sold to the government-sponsored entity between 2000 and 2008.
February 27 -
The founder of Pacific Commerce Bank (PFCI), Kenneth Kasamatsu, will retire at the beginning of April to pursue other interests.
February 27 -
Dime Community Bancshares (DCOM) in Brooklyn, N.Y., has appointed a new chief operating officer.
February 27 -
The National Fair Housing Alliance is accelerating efforts to force mortgage lenders, servicers and trustees to do a better job of maintaining foreclosed properties in minority neighborhoods.
February 27 -
The online business lender OnDeck has partnered with ProfitStars to help provide credit to small businesses that may not qualify for loans from banks or credit unions.
February 27 -
After pressure from Sen. Elizabeth Warren, Fed Chair Janet Yellen said she agreed with a proposal to require the central bank's board to vote on significant enforcement actions.
February 27 -
Banks and other financial institutions can minimize their losses on checking accounts by limiting the kinds that they offer, according to a new report from economic research firm Moebs Services.
February 27 -
The company lowered its forecast for credit card losses Thursday, but also acknowledged weaknesses in some of its smaller business lines such as mortgages and U.S. debit cards.
February 27 -
Credit unions' tax exemption looks safe again this year on Capitol Hill, but that didn't stop the American Bankers Association from mounting an intense advertising and lobbying attack that also served as rallying cry for the Credit Union National Association.
February 27 -
Federal Reserve Board Chair Janet Yellen said today that the central bank does not have the power to supervise Bitcoin, the most widely-recognized digital currency.
February 27


