Consumer banking
Consumer banking
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A single lawsuit filed by a one attorney helped create a spike in Fair Debt Collection Practices Act (FDCPA) lawsuits filed in the May 16-31 reporting period, according to WebRecon LLC, a Grand Rapids, Mich.- based firm that tracks the data from U.S. District Courts.
June 15 -
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Republic Bancorp Inc. in Louisville, Ky., plans to continue making tax refund loans despite pressure from the Federal Deposit Insurance Corp., the company's chief executive said last week.
June 14 -
The Federal Reserve has reached a written agreement with Northwest Bancorporation of Illinois Inc. in Palatine.
June 14 -
Citizens Republic Bancorp Inc. in Flint, Mich., is planning a reverse stock split that may help it avoid a delisting.
June 14 -
Hampton Roads Bankshares Inc. in Norfolk, Va., is looking to sell 10 branches and its mortgage and insurance businesses.
June 14 -
Loan production offices lost popularity among community bankers during the financial crisis. A need for growth, amid intense competition, could bring them back in force.
June 14 -
DENVER – Public Service CU will offer a dedicated bike-thru lane at its Fort Collins branch June 22 to celebrate Bike to Work Day.
June 14 -
Internal stress-testing is a good practice, but regulatory use of hypothetical results to determine supervisory ratings or required capital levels would be destructive.
June 14 -
The San Diego County Credit Union is licensing new software that allows it to make same-day payments available through the same service as traditional Web bill payment, as well as create a simple link to myriad other automated payments to make user navigation and access easier.
June 13 -
Two San Francisco credit unions have applied to state regulators to acquire the ailing 1st Choice Federal Credit Union and Pacifica-Coastside Credit Union.
June 13 -
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Boston Private Bank & Trust has sold one of its four Seattle-area branches to fast-growing Heritage Financial Corp.
June 13 -
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First Midwest Bank in Itasca, Ill., has hired longtime Chicago-area banking executive Mark G. Sander as its new president and chief operating officer.
June 13 -
Stearns has taken a scattershot approach to failed-bank deals that many observers believe to be a mere revenue play, not a franchise builder. But in Florida, it's ready to expand further.
June 13 -
Changes as a result of Dodd-Frank should allow banks easier access to new markets nationwide and likely result in increased competition and industry consolidation.
June 13 -
Bank of Georgetown in Washington, D.C., has raised more than $25 million in fresh capital that it will use to fund its continued expansion in the city and surrounding suburbs.
June 13 -
Small-business owners prefer bank loans over other forms of financing, but banks remain reluctant to lend due to pressure from their regulators, according to a survey released Monday by the Graziado School of Business and Management at Pepperdine University.
June 13 -
ACA International officials on Monday introduced "The Path Forward: A Blueprint for Modernizing America’s Debt Collection System" - a five-point plan it hopes will improve collections by reducing, preventing and better resolving consumer complaints.
June 13



