Consumer banking
Consumer banking
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Veritex Holdings Inc. in Dallas has completed its purchase of Fidelity Bank, marking its second deal to close since raising $45 million.
March 23 -
FORT MILL TOWNSHIP, S.C. – Family Trust FCU broke ground here for a new branch that will be part of the Springfield Town Center.
March 23 -
Hidden River Credit Union, which serves mostly school districts, is expanding its reach. The Pottsville, Pa., credit union has been approved by state regulators to convert to a community charter, allowing it to serve the 150,000 residents of surrounding Schuylkill County.
March 23 -
Bogota Savings Bank in Teaneck, N.J., has hired Brian McCourt as its chief financial officer. The $370 million-asset thrift said in a press release Wednesday that the CFO responsibilities were previously handled by Joseph Coccaro, who is also its president and chief executive.
March 23 -
First Midwest Bancorp Inc. in Itasca, Ill., has added a director. The $8.15 billion-asset company said that Peter Henseler, the president of toymaker RC2 Corp., had joined its board.
March 23 -
State regulators have approved an application from OnPoint Community Credit Union in Portland, Ore., to add Crook and Jefferson counties in central Oregon to its field of membership.
March 23 -
The Federal Reserve made public two written agreements for bank holding companies dealing with high levels of credit problems at their bank units.
March 23 -
Embarcadero Bank said late Tuesday that it has agreed to buy Coronado First Bank. The Coronado, Calif., banks will merge in a deal valued at $9.3 million, or $6.30 a share, according to a press release.
March 23 -
Wilmington Trust Corp. said Tuesday that a majority of its shareholders approved the company's sale to M&T Bank Corp. in Buffalo, N.Y.
March 23 -
Speaking at the annual ICBA convention, Ben Bernanke assured community bankers the Fed will attempt to protect them as it finalizes its rule capping debit interchange fees.
March 23 -
Credit unions have increasingly used a marketing campaign that combines social media with contests to find young, media-savvy spokespeople. Can banks mimic their success?
March 23 -
The operator of a defunct money-making scam has agreed to settle a federal court judgment the Federal Trade Commission obtained against him in 2007 for falsely claiming his “wealth building” program would teach consumers how to make substantial income in a short time by buying and selling privately held mortgages.
March 22 -
The Federal Deposit Insurance Corp. will no longer apply a rate just to an institution's domestic deposits, instead capturing the entire funding base.
March 22 -
PENSACOLA, Fla. – Florida Gov. Rick Scott will join officials of Navy FCU for Friday’s grand opening of the 224,000-square-foot Building 4 of the credit union’s huge call center here.
March 22 -
Reissued consent orders are longer and far more detailed, with higher capital ratio standards, despite improvements banks have already made.
March 22 -
Sun Bancorp Inc. in Vineland, N.J., said it raised about $81 million in net proceeds from a recent public offering.
March 22 -
People's United Financial Inc., which recently entered mortgage warehousing, has amassed credit applications for almost $500 million, according to a company executive.
March 22 -
Superior Bancorp in Birmingham, Ala., has named C. Marvin Scott as its chairman and chief executive and Rick Gardner as its president.
March 22 -
Kondaur Capital, which a month ago slashed its loan workout staff by nearly 40%, hired Mark Ferrara as managing director of its newly formed community banking group.
March 22 -
A Kansas thrift has teamed up with Bankers Portfolio to refinance underwater mortgages where investors have agreed to take principal writedowns that meet FHA requirements.
March 22





