Consumer banking
Consumer banking
-
In what is probably the last night for bank collapses in 2011, regulators closed banks in Florida and Arizona, bringing the year's failure tally to 92.
December 16 -
The Federal Reserve Board on Friday approved the sale of EuroBank in Coral Gables, Fla., to a pair of Brazilian buyers.
December 16 -
The CFPB's Office of Servicemember Affairs is reaching out to the banking and mortgage industries, as well as to members of the military and their families, to help raise awareness about financial challenges — from foreclosures to payday loans — and products that work for them.
December 16 -
West Coast Bancorp Inc. in Lake Oswego, Ore., has added a director to its board with ties to a investment firm that participated in the company's 2009 private placement.
December 16 -
Banks won't be happy that a company not subject to federal supervision is filling a void that they, as regulated institutions, were forced to leave.
December 16 -
About a third of the institutions with the 25 highest ratios of foreclosed properties to tangible equity at Sept. 30 have since failed. Simultaneous craters in capital and jumps in repossessed real estate were typical, as were high levels of soured construction and development loans.
December 16 -
Consolidation in the market has prompted Bridge to seek capital fast to fight back, the CEO says.
December 16 -
Oil extraction in western North Dakota has created a big economic spike in the region, but the area's community banks are also struggling to keep up with the growth.
December 16 -
Rather than just moving their money, protesters in San Francisco are seeking to build a credit union of their own.
December 16 -
Former radio DJ Steve Streit has shepherded prepaid marketer Green Dot from its early days to its hard-won Fed blessing to buy a bank.
December 16 -
A merchant industry group sings its own praises on debit interchange rules … and threatens new fights.
December 16 -
Hudson City Bancorp Inc. said Friday that it has paid down $4.3 billion of high-cost debt in a move the company says will wipe out fourth-quarter profits but boost its net interest margin going forward.
December 16 -
Hampton Roads Bankshares Inc. in Norfolk, Va., has shuffled its management ranks and created several new divisions as it aims to regain its footing after suffering steep losses on real estate loans.
December 16 -
Shareholders for Parkvale Financial Corp. in Monroeville, Pa., have approved the company's sale to F.N.B. Corp.
December 16 -
A series of hush-hush deals have shifted the responsibility for servicing hundreds of billions of dollars in troubled loans to special servicers of Fannie's choosing.
December 16 -
Fast-growing Webster First FCU, which entered the Bay State's north shore earlier this year with a deal for Saugus FCU, has agreed to acquire Winthrop FCU, its third merger of 2011, giving it a presence in the Boston market.
December 16 -
SAN FRANCISCO – San Francisco FCU said this morning it signed a deal with Walgreens to allow its members surcharge-free usage of cash dispensing ATMs in 500 Walgreens locations and the placement of 20 ATMs with the credit union's brand throughout San Francisco.
December 16 -
It's that time of the year again. We find ourselves making our lists and checking them twice. As December draws to an end and we look forward to what's coming in 2012, it's time to spread some holiday cheer by sharing what's on the wish list of the nation's more than 150,000 collectors.
December 16 -
About 80 million mobile phones are expected to ship with built-in near-field communication technology that can be used to transmit payment information between devices.
December 15 -
Discover Financial Services posted strong gains in the fourth quarter ending Nov. 30, as it continues to grow its total loans and expand its presence in private student lending.
December 15





