Consumer banking
Consumer banking
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While I'm sure some community bankers applauded Sandy Weill's recent call to break up our nation's largest banks, I, for one, did not.
August 1 -
BOK Financial's (BOKF) second-quarter earnings rose from a year earlier and surpassed expectations as fee revenue increased and credit quality continued to improve.
August 1 -
Shares in MasterCard (MA) fell 3.3% in pre-market trading Wednesday, to $422, after the firm posted second-quarter revenue of $1.82 billion, less than the $1.88 billion estimated by 29 analysts surveyed by Bloomberg.
August 1 -
The Small Business Lending Enhancement Act would let credit unions help small businesses and our economy without costing taxpayers a dime. Whether lifting the cap creates one job or 1,000, it would be a success.
August 1 -
Should the U.S. Postal Service revive a past practice of offering alternative banking services?
August 1 -
United Bank often helps customers who have few alternatives. The minority-owned bank hopes the faith is returned as it complies with a regulatory order.
August 1 -
Churches aren't always pristine credits, especially in this economy. But some banks have new strategies to keep church construction loans on track.
August 1 -
As banks move into new channels, they need new lines of communication, and perhaps a different attitude.
August 1 -
LAKELAND, Fla. — MidFlorida CU, which has been growing its branch network on the Gulf Coast, has agreed to acquire Indian River CU, a troubled $55 million credit union on Florida's other coast.
July 31 -
WEST LAFAYETTE, Ind. – Purdue FCU is opening a new branch Friday on the Purdue University North Central campus.
July 31 -
Bank of the West has changed up the responsibilities of some of its top management in effort to increase management focus on strategic areas like regional banking and wealth management.
July 31 -
Residential real estate prices declined less than forecast in the year ended May, another sign that the housing market is on the mend.
July 31 -
Stiffer oversight of banks with assets of $50 billion or more will keep New York Community Bancorp, of Westbury, N.Y., out of the M&A game until a major acquisition comes along, CEO Joseph Ficalora says.
July 31 -
BB&T (BBT) in Winston-Salem, N.C., said Tuesday that it has completed its acquisition of BankAtlantic in Fort Lauderdale, Fla., after it received final approvals from the Federal Reserve Board and the Federal Deposit Insurance Corp.
July 31 -
A former Minnesota Vikings tight end has reached a settlement with federal regulators over his alleged misdeeds at a Minneapolis-area community bank.
July 31 -
David Cohen, the Treasury undersecretary for terrorism and financial intelligence, urged banks and others in the financial industry to weigh in on a regulatory plan to require institutions to identify beneficial ownership of their account holders.
July 31 -
John MacIlwaine, a former Visa executive, has been named the chief technology officer at the Lending Club, an online lending platform.
July 31 -
Visa Europe Ltd., operator of the European Union's largest payment-card network, was sent an antitrust complaint from EU regulators over the fees it charges to process cross-border credit-card payments.
July 31 -
A division of Heartland Payment Systems (HPY) has signed up 15 new colleges and universities to use its card designed for students and campus life.
July 31 -
Industry groups want lawmakers to extend Dodd-Frank's unlimited insurance for transaction deposits, which is now mandatory for all banks. But TAG used to be voluntary, and some say it should be again.
July 31




