Consumer banking
Consumer banking
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Talmer Bancorp Inc. in Troy, Mich., said Monday that it had completed its acquisition of Lake Shore Wisconsin Corp. in Glenwood City.
December 19 -
Late last year, several ailing banks landed new equity and several hit the ground running in 2011. Still, analysts caution that some recaps could hit the wall in 2012.
December 19 -
A panel of Wall Street banking experts met recently to discuss how community banks can best navigate through an uncertain year ahead.
December 19 -
Associated Banc-Corp in Green Bay, Wis., said that it will close 21 branches across three states by mid-2012.
December 19 -
The SEC is unlikely to see much financial gain, or praise, from suing former Fannie and Freddie bosses. Instead, its suits' biggest effect might be in rendering the defendants unemployable.
December 19 -
A small South Florida bank is now considered to be undercapitalized after it restated year-to-date results to show a larger loss than first reported.
December 19 -
The Bailey Building and Loan Association was one of the worst run banks in America. It would have topped the FDIC's problem bank list, if such a list had existed in 1946. In fact it almost certainly would have failed every financial test of today's regulators. The institution was poorly capitalized, its assets were concentrated in a single asset class, and it was a subprime mortgage lender. Of course, it was also a figment of Frank Capra's imagination.
December 19 -
BankUnited Inc. in Miami Lakes, Fla., opened three new branches on both Florida coasts Monday and now has opened a dozen branches in its home state since Nov. 7.
December 19 -
Doug Duncan, Fannie Mae's chief economist, is warning that the United States has a 40% chance of slipping into a double-dip recession in 2012.
December 19 -
BIRMINGHAM, Ala. — The National Credit Union Administration announced this morning it liquidated Birmingham Financial FCU, a $1.3 million community development credit union it has run under conservatorship since October and assigned the remnants of the year's 15th credit union failure to $113 million eCO Credit Union of Birmingham.
December 19 -
VeriFone Systems Inc. is ready to go live with its first content partner for a system that allows video to be played on gas-station payment terminal screens: NBCUniversal Inc.
December 19 -
The industry is supporting higher fees at Fannie and Freddie as a way to make private rivals more competitive.
December 19 -
CFS Bancorp's chief executive and chairman, Thomas F. Prisby, will retire after almost 30 years with the company, and his responsibilities are being split between two replacements.
December 19 -
Analysts believe that private equity has become more skittish about quick returns from banking.
December 19 -
JPMorgan Chase said it is planning to install roughly 800 automated teller machines at ampm convenience stores/gas stations in California and four other western states.
December 19 -
Aiming to boost its sagging stock price, Hanmi Financial Corp. has completed a one-for-eight reverse stock split that will reduce its number of shares outstanding by 87%, to 31.5 million.
December 19 -
Online marketer edo Interactive has hired payments industry veteran Steven J. Kietz, a former executive at Citigroup and JPMorgan Chase, as head of its financial services team.
December 19 -
WASHINGTON — Bank regulators announced Monday higher thresholds for reporting requirements under the Community Reinvestment Act, after adjusting for inflation.
December 19 -
BERKELEY, Calif.-Cooperative Center Federal Credit Union is reaping big benefits from its installation of a 29.7 kilowatt DC photovoltaic solar system earlier this year.
December 19 -
DALLAS – Credit unions were hit last week with a new group of suits by one consumer claiming they violated the public disclosure provisions of the Electronic Funds Transfer Act by failing to post non-member fees being charged at their ATMs as required by the EFTA.
December 18




