Consumer banking
Consumer banking
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Most people did not observe Bank Transfer Day, a survey found, but customers who follow through on plans to close accounts could still sting banks.
November 29 -
Eagle CEO Ron Paul discusses his bank's growth strategy after terminating a planned acquisition of Alliance Bankshares.
November 29 -
MasterCard Inc. and Western Union Co. are expanding a program that lets customers send money via prepaid cards, the companies said on Tuesday.
November 29 -
Associated Bank in Green Bay, Wis., has agreed to pay $13 million to exit a class-action lawsuit that accuses it and other banks of processing debit card transactions in a manner that maximized fees from overdrafts.
November 29 - California
Bank of the West plans to almost double the size of its small-business banking team during the next year.
November 29 -
The banking industry is strongly supporting a bill that would allow independent appeals of examinations — an idea anathema to banking regulators.
November 29 -
An OWS subgroup discusses what would constitute a truly alternative bank, how much could be borrowed from the credit union, community bank and mutual models, and how to take it several steps beyond.
November 29 -
The Consumer Financial Protection Bureau is seeking input on ways to streamline regulations under the consumer financial laws it inherited from other regulators under the Dodd-Frank Act.
November 29 -
The Federal Reserve Board has approved the sale of Home State Bancshares Inc. in McPherson, Kan., to Goering Management Co.
November 29 -
By purchasing Bonneville Bank, prepaid company Green Dot will be putting itself under the scrutiny of traditional banking regulators. But it may escape increased oversight from the Consumer Financial Protection Bureau.
November 29 -
As it expands its range of services to serve a footprint dominated by troubled banks, City National is charting a recovery and preparing for more complex reporting requirements. That’s where a new tech strategy comes in.
November 29 -
Fentura Financial Inc. in Fenton, Mich., has named new leadership for its board following the resignation of its chairman.
November 29 -
Democratic Sen. Jack Reed is pushing to tighten a five-year-old law that prohibits lenders from charging members of the military more than 36% interest on certain loans.
November 29 -
Denial, community pressures and pricing issues are some of the reasons more banks aren't selling. That cannot last forever, a roundtable of analysts told American Banker.
November 29 -
PNC Financial Services will not need to issue additional shares of common stock to complete its $3.45 billion acquisition of RBC Bank USA, the Federal Reserve Board said.
November 29 -
Residential real estate prices dropped more than forecast in the year ended September, showing the industry at the center of the 2008 financial crisis continues to struggle.
November 29 -
It's hard to pin down precise numbers, but anecdotal reports in news outlets across the country suggest that hundreds of thousands of Americans responded to "National Transfer Day" campaign by switching their deposits from major banks to credit unions.
November 28 -
The Nasdaq has warned Broadway Financial Corp. that the company is in danger of being delisted from the exchange.
November 28 -
BATTLE CREEK, Mich. – Omni Community CU plans to open a branch in Kalamazoo, its seventh branch overall, in December at a site that once housed the Access First FCU branch.
November 28 -
WATERLOO, Iowa – Veridian CU opened a new branch in Coralville, the credit union’s 27th branch and second new facility in the past few months.
November 28



