Consumer banking
Consumer banking
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LONG ISLAND CITY, N.Y. – United Nations FCU reported its headquarters has received the U.S. Green Building Council’s (USGBC) Leadership in Energy and Environmental Design program Silver certification for its energy-saving, eco-friendly programs.
August 23 -
"What fresh hell is this?" to quote the sharp-witted Dorothy Parker. American banking has coped with unprecedented troubles in the last couple of years and now face an interesting new twist — negative interest rates. The notion may disturb our very capitalistic core, but there is no need for panic...yet.
August 23 -
With at least 30 banks in the Chicago area on the brink of failure, a crew of ex-LaSalle bankers have formed Front Street to start shopping on their old turf.
August 23 -
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San Francisco's city attorney said Bank of America Corp. agreed to a $5 million settlement of a suit over its use of the National Arbitration Forum to handle credit card disputes.
August 23 -
Community Choice Financial Inc., a payday-loan company backed by a New York private equity fund, filed for a $230 million initial public offering this week, expanding some sources of consumer lending as traditional banks face new regulatory restrictions.
August 23 -
ATM makers will have to start building chip-card acceptance into their machines soon, even though they are not one of the groups Visa targeted in its incentive plan for chip-card conversion in the U.S.
August 23 -
Mark Furlong, head of the Canadian bank's expanded U.S. unit, predicts its commercial lending may expand this year but overall lending will keep shrinking into next year.
August 23 -
Most banking agencies kept running on Tuesday after a 5.8 magnitude earthquake rattled Washington, but let some employees go home. There were no immediate reports of damage to any of the buildings.
August 23 -
The FDIC charged executives of the failed Silverton Bank with squandering millions on planes, posh digs, and island retreats.
August 23 -
An internal dispute results in B of A's files apparently being destroyed by former associate of WikiLeaks founder Julian Assange.
August 23 -
Web redesign moves a full picture of customer relationships and account info to the landing page.
August 23 -
One of the nation's largest mortgage servicers filed a lawsuit on Tuesday against Lender Processing Services Inc., a top mortgage-industry technology-and-services vendor, alleging that the firm improperly signed mortgage documents on its behalf and triggered millions of dollars in legal expenses as a result.
August 23 -
A federal judge says the Federal Deposit Insurance Corp. can't dodge a $10 billion lawsuit over the toxic remnants of Washington Mutual Bank.
August 23 -
It will take less time than previously expected for the housing market to clear the supply of distressed homes on the market, but that so-called shadow inventory will still be around for nearly four years, Standard & Poor's Rating Services said this week.
August 23 -
Auto loan delinquencies continued to shrink in the second quarter, outpacing expected seasonal declines, TransUnion LLC said Tuesday.
August 23 -
Community groups in California are protesting Capital One Financial Corp.'s planned acquisition of ING Direct, saying the banks have done little to help low-income communities in a state that has accounted for a large chunk of their profits.
August 23 -
An Ohio storefront alternative lender has filed for a $230 million initial public offering, as traditional banks maintain a tight-fisted approach to consumer lending.
August 23 -
CoBiz Financial Inc. said Monday that it was initially approved for as much as $57.4 million from the Small Business Lending Fund program — the second highest amount approved to date.
August 23 -
New home sales in July came in at a slight decline from the prior month, a sign that ultra low mortgage rates are still not moving sales off their Depression levels.
August 23




