Consumer banking
Consumer banking
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Tennessee Commerce Bancorp Inc. in Franklin will not be required to restate its 2010 earnings after all, but it is under orders to boost its capital ratios.
June 2 -
Xenith Bancshares Inc. of Richmond, Va., is adding market share in its hometown with a deal to acquire the lone Virginia branch of Paragon Commercial Bank in Raleigh, N.C.
June 2 -
BankUnited Inc. of Miami Lakes, Fla., is expanding into the New York market with a deal to acquire Herald National Bank for $71.4 million in cash and stock.
June 2 -
The CEO and founder of the company behind the "wealth-building" program “Winning in the Cash Flow Business,” has been charged by the Federal Trade Commission with defrauding consumers.
June 2 -
INDIANAPOLIS – Crane FCU has joined Credit Union Centers’ shared branch network, allowing its members access to more than 4,200 networked branches across the country, including 275 in Indiana and Illinois.
June 1 -
MANHATTAN BEACH, Calif. – Kinecta FCU, already the biggest check cashing outlet in Southern California, said it is opening a new mortgage center in nearby Newport Beach to fuel its expanding home loan business.
June 1 -
Rep. Darrell Issa, the chairman of the House Oversight Committee, is calling Elizabeth Warren back to the Hill for a second hearing following a dispute with a subcommittee chairman last week.
June 1 -
New York State is considering legislation that would carve out an exception for check cashers from its 25% cap on interest rates for short-term loans, a move consumer advocates say is a backdoor attempt to allow payday lending in the nation's third-most populous state.
June 1 -
BankAtlantic, the Fort Lauderdale, Fla., subsidiary of BankAtlantic Bancorp, plans to release a mobile banking application for smartphones that run Google's Android software.
June 1 -
I've found that one of the great things about being in the banking industry is that it gives us both opportunity and reason to learn about how various businesses operate.
June 1 -
Witnesses at a House Small Business Committee hearing Wednesday told lawmakers that a harsh regulatory environment continues to restrict access to credit for small businesses.
June 1 -
Home BancShares Inc. in Conway, Ark., said it recovered $4.4 million in chargeoffs booked in the fourth quarter.
June 1 -
There are plenty of reasons for dire predictions about the community banking sector, but one in particular is receiving less attention than it deserves: Bank operating revenue has been declining for more than a decade.
June 1 -
U.S. consumers filed an estimated 568 lawsuits against collection agencies and creditors between May 1-15, according to statistics from U.S. District Court branches.
June 1 -
Bridge Bancorp in Bridgehampton, N.Y., said late Friday that it had completed its $6.3 million acquisition of Hamptons State Bank of Southampton, N.Y.
May 31 -
Less than six months after completing its first bank acquisition, First General Bank in Rowland Heights, Calif., has struck another deal.
May 31 -
First BanCorp in San Juan, Puerto Rico, said Tuesday that it struck an agreement under which the private-equity firm Thomas H. Lee Partners LP may buy $180 million of the company's common stock.
May 31 -
Webster Financial Corp. in Waterbury, Conn., has hired a former top executive at NewAlliance Bancshares as its chief financial officer.
May 31 -
Columbia Banking System wants to make acquisitions. But there are few opportunities in its market, relegating the Tacoma, Wash., company to taking small, deliberate steps.
May 31 -
Shares of Herald National Bank rose more than 25% Tuesday after Bloomberg reported that BankUnited in Miami Lakes, Fla., was in talks to acquire the small, New York-based commercial bank.
May 31





