Consumer banking
Consumer banking
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MainSource Bank in Greensburg, Ind., has agreed to buy the assets managed by Krumme and Brock Investment Services in Seymour, Ind. The employees of the Krumme firm, including owners Galen Krumme and Cliff Brock, would join MainSource Bank's wealth management division.
September 28 -
United Community Bancorp (UCBA) of Lawrenceburg, Ind., is suspending the payment of dividends on its common stock until the company completes a pending second-step conversion.
September 28 -
Business activity in the banking sector increased in August for the third straight month, according to industry executives surveyed for American Banker's latest Index of Banking Activity.
September 28 -
eAppraiseIT provided real estate appraisals to a former mortgage lending giant during the run-up to the housing crisis will pay $7.8 million to settle charges that its appraisers conspired with the lender to puff up home values.
September 28 -
Tri Counties Bank in Chico, Calif., will pay as much as $2.5 million to settle a class-action lawsuit that claims it failed to properly pay overtime.
September 28 -
The CFPB flexes its muscle in a Discover deal, Sheila Bair blasts a double standard for hurting small banks and mortgage settlement overseer Joe Smith weighs in on progress to date.
September 28 -
DUNEDIN, Fla. – Fast-growing Achieva CU is scheduled to break ground this morning on a $10 million, 67,000-square-foot headquarters project near its old Clearwater offices.
September 27 -
Under the landmark settlement with MasterCard and Visa, retailers could soon start surcharging customers for paying with plastic. Here's why that could be bad news for PayPal.
September 27 -
An unnamed investor will inject $5.5 million into the troubled Anchor Commercial Bank in North Palm Beach, Fla., through a subscription agreement.
September 27 -
Hampton Roads Bankshares in Norfolk, Va., has completed its $45 million rights offering, though its private-equity partners were the largest contributors.
September 27 -
Aquiline Capital Partners, a private-equity firm based in New York, is buying First Investors Financial Services Group, a Houston auto lender, for $100 million.
September 27 -
A bipartisan group of 53 senators is calling on banking regulators to consider the impact that proposed Basel III capital standards will have on community banks.
September 27 -
User input from a pair of tech firms says a vast majority of lenders who are moving toward automated processing have an eye on the stew of mortgage rules that mandate more disclosure and tighter processing.
September 27 -
Banks are growing increasingly worried that the failure to stem impending tax hikes and steep budget cuts could reduce lending demand, savage profits and cripple M&A activity.
September 27 -
The $1.5 billion-asset Fidelity said it plans to consolidate its existing branch in Liberty, N.C., into the newly acquired location less than a mile away.
September 27 -
Forget the chitchat, find seasoned bankers (especially from your previous employer) and invite them over to meet the CEO — that's the recruiting formula Rodney Rushing uses at ServisFirst.
September 27 -
The Fed had reached the agreements in 2010 with America's Community Bank in Blue Springs, Mo., and First Capital West Bankshares in Laramie, Wyo.
September 27 -
BNC Financial Group (BNFI) in New Canaan, Conn., has promoted Robert J. Palermo to become the president of Bank of Fairfield.
September 27 -
The credit card issuer intends to offset an expected decline in revenue from add-on products by becoming a more well-rounded consumer bank.
September 27 -
Bankers "wake up in the middle of the night" worrying about data breaches, a Citigroup executive said this week, as several big banks faced a wave of cyber attacks.
September 27




