Consumer banking
Consumer banking
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Tim Lathe is leaving KeyCorp (KEY) because his position within its community bank is being eliminated roughly 17 months after it was created.
June 29 -
As Washington starts to look at the rapidly emerging sphere, some in the industry are calling for regulators to level the playing field, while others are warning that regulation may stifle innovation.
June 29 -
Glacier Bancorp (GBCI) in Kalispell, Mont., has appointed former state banking commissioner Annie M. Goodwin to its board of directors.
June 29 -
Regulators revealed on Friday this year's list of communities where banks can receive credit under the Community Reinvestment Act for working in those areas.
June 29 -
The board of Postal Credit Union in Woodbury, Minn., has approved an amendment to its field of membership bylaws that would allow anyone in the country who makes a $5 donation to the John D. Miller Scholarship fund to be eligible to join the $530 million-asset credit union.
June 29 -
Regulators have entered into a consent order with First Bank of Miami that requires the Coral Gables, Fla., company to maintain certain capital levels and ensure compliance with the Bank Secrecy Act.
June 29 -
The thirst for greater clarity on capital spending and valuations prompts dealmakers' flight to cash instead of stock in bank M&A.
June 29 -
The Federal Housing Administration says April foreclosure statistics from Lender Processing Services were inaccurate.
June 29 -
Wells Fargo is the latest of the big banks to unveil simpler checking account disclosures for customers, following rollouts by JPMorgan Chase, Regions and TD Bank.
June 29 -
American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.
June 29 -
A Virginia Beach investment group has pulled the plug on its plan to buy a struggling bank in the Washington, D.C., suburbs.
June 29 -
Alleged panaceas abound for the banking industry's ills. Unfortunately, many are likely to prove less effective than advertised, cause collateral damage, or both. Here's a look at some of the most popular silver-bullet proposals and their shortcomings.
June 29 -
The high court declined to rule this week in a case involving the right of consumers to sue banks for failing to post ATM fees. That leads banks back to Capitol Hill in their quest for relief from a costly spate of nuisance lawsuits.
June 29 -
Cardinal Bankshares Corp. in Floyd, Va., has settled a dispute with a former executive it claims was conspiring with an investor to force its sale.
June 29 -
With changes to capital standards looming, PNC Financial Services Group (PNC) is preparing to redeem $967.5 million in trust-preferred securities.
June 29 -
Robert Maddox, who negotiated the $25 billion national mortgage settlement on behalf of Ally Financial, insists that the penalty far exceeds the damage done to borrowers.
June 29 -
Many borrowers with great credit can't get financing rates commensurate with their low risk. There's a major opportunity for banks to generate attractive returns by providing fairly priced student loans to these customers.
June 29 -
Lehman Brothers said Friday it has sold its Aurora Bank subsidiary, a move that, coupled with an earlier sale of Lehman's Woodlands Commercial Bank, should help funnel some $1.5 billion into the pockets of Lehman's creditors.
June 29 -
SecondMarket's pilot program to create a market for hard-to-sell stock.
June 29 -
KALAMAZOO, Mich. – Consumers CU opened two new branches this week, in Kalamazoo and Mattawan.
June 28






