Consumer banking
Consumer banking
-
City Holding in Cross Lanes, W.Va., continues to bulk up in Virginia, announcing late Thursday that it is buying Community Financial in Staunton for $26.1 million in stock.
August 3 -
WASHINGTON – The Senate adjourned yesterday for its annual five-week summer vacation, leaving behind numerous credit union-critical bills, including the bipartisan bill to eliminate redundant fee disclosures at the ATM—even though the credit union-backed measure passed the House unanimously last month.
August 3 -
Google is changing nearly everything about how it handles transactions.
August 3 -
LAKELAND, Fla. – MidFlorida CU, which is integrating mergers on Florida’s west and east coasts, is opening a new branch in Plant City in a former Regions Bank branch.
August 2 -
SIERRA VISTA, Ariz. – Navy FCU is opening its fourth Arizona branch here Monday near Fort Huachuca, which will serve Army and Air Force personnel.
August 2 -
LIVE OAK, Texas – Randolph-Brooks FCU opened its administration services center in north Austin Wednesday and plans to open four new branches in the near future.
August 2 -
Community Bank System will close five branches in September. Three of the targeted branches are ones that First Niagara acquired from HSBC and then sold to Community Bank in July.
August 2 -
After initially dragging their feet, the largest mortgage servicers have modified nearly 70% of loans from delinquent borrowers that qualify, thanks largely to government incentives.
August 2 -
The banking unit of American Bancorporation in St. Paul, Minn., has plans to shutter at least its third branch of the year by the end of this month.
August 2 -
U.S. regulators said Thursday they will be giving homeowners who believe they may have been wrongfully foreclosed upon more time to get an independent review.
August 2 -
Space Coast Credit Union announced Thursday that NCUA and state regulators have approved the spin-off of its two Jacksonville branches to Alive Credit Union.
August 2 -
Urban Partnership Bank, a Chicago bank formed to buy ShoreBank's deposits and assets from the Federal Deposit Insurance Corp. in 2010, has agreed to buy a large branch in Chicago's South Side from Northern Trust (NTRS).
August 2 -
Ocwen Financial in Atlanta reported record levels of revenue in the second quarter after almost doubling the size of its mortgage servicing portfolio in the last 12 months.
August 2 -
Banks are trying hard to beef up programs tied to consumer protection, thanks to the creation of the CFPB and other consumer-related regulations. But there are few people in the job market with experience in banking and consumer protection, making this a lucrative opportunity for those who are skilled at both.
August 2 -
BB&T is eyeing other deals and planning to open more branches in Florida after buying BankAtlantic this week, regional executive Michael Oster says.
August 2 -
MGIC Investment Corp. plunged by more than half after the Milwaukee-based mortgage insurer reported its biggest loss since 2009 and the company's risk-to-capital ratio exceeded regulatory standards.
August 2 -
Heartland Financial USA (HTLF) is bulking up in Wisconsin with a deal to acquire First Shares in Platteville for roughly $11 million in cash and stock.
August 2 -
The main news programs on broadcast networks ABC and NBC have ignored the biggest scandal roiling the banking world this summer, according to the nonprofit website Media Matters for America. Other networks have covered it, but critics urge TV to toughen reporting on banking.
August 2 -
KeyBank is the latest regional that will start issuing its own cards again in hopes of growing revenue and wallet share.
August 2 -
Add Sterling Bancorp (STL) in New York to the growing list of community banks ramping up in residential lending.
August 2




