Consumer banking
Consumer banking
-
BARSTOW, Calif. – Alaska USA FCU is building a branch inside a Vons supermarket to be closer to its members.
August 28 -
MINNETONKA, Minn. – U.S. FCU has agreed to sell its 30,000-square-foot office building on Wayzata Blvd. for $2.7 million.
August 28 -
The Government National Mortgage Association said Friday that it is expanding the parameters for loans to be repuchased from its trusts to include those that have successfully completed a three-month trial payment period.
August 26 -
Not only are residential loan applications booming, but nonbank lenders increasingly are tapping their warehouse providers for additional credit.
August 26 -
Rates for borrowing and lending securities in the repurchase-agreement market rose Friday and investors sought to extend maturities on concern power outages and closings of mass transit would keep traders home after Hurricane Irene struck.
August 26 -
Visa and other financial companies are taking steps to prevent possible disruptions from Hurricane Irene.
August 26 -
The Federal Reserve Board said Friday it will hold three public hearings on Capital One Financial Corp.'s proposed $9 billion purchase of online bank ING Direct USA.
August 26 -
The $3.4 billion-asset company announced last week that it paid $600,000 for a ham — the grand champion ham at the 48th Kentucky Country Ham Auction, an annual charity event.
August 26 -
With the Eastern Seaboard bracing Friday for the arrival of Hurricane Irene, the FDIC told banks to look in the not-too-distant past for how to deal with damaging storms.
August 26 -
Technology company Tio Networks Corp. has developed software for "reverse ATMs" that collect money from lower-income customers instead of dispensing it.
August 26 -
PVF Capital Corp. in Solon, Ohio, reported a loss of $2.6 million for its fiscal fourth quarter, a slight improvement from a year earlier.
August 26 -
Under orders from its regulators to boost a key capital ratio, Pacific Mercantile Bancorp in Costa Mesa, Calif., announced that it has already raised $11.2 million of fresh capital and has a deal in place to raise $27.3 million more.
August 26 -
First BanCorp in San Juan, Puerto Rico, has $525 million of capital committed. Now it needs its shareholders to show up and vote for a key part of its recapitalization plan.
August 26 -
Texas Capital Bancshares Inc. in Dallas has lost the first round in a legal battle over a loan it made to an Oklahoma automobile dealer that soured.
August 26 -
Regulators have hit Woodbury Banking Co. with a consent order for weaknesses in the company's asset quality, capital, earnings and management.
August 26 -
A new Federal Reserve Board report refutes the claim by some that the Community Reinvestment Act and affordable housing goals of Fannie Mae and Freddie Mac caused the mortgage crisis.
August 26 -
Old National Bancorp in Evansville, Ind., announced Friday that it is shuttering nine of the 52 branches it inherited when it took over the failed Integra Bank and will move the accounts to nearby offices.
August 26 -
Nearly two years after HUD revamped mortgage disclosure rules, many lenders rely on manual processes — if any — and end up having to pay the difference between underestimated and actual closing costs.
August 26 -
Opportunistic community banks in south Florida have seen a dramatic increase in new customers because of a contraction of banks caused by failures and mergers.
August 26 -
In the Washington Post last week, housing columnist Kenneth Harney took an interesting look at mortgage loans guaranteed by the Department of Veterans Affairs.
August 26



