Consumer banking
Consumer banking
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Grandpoint Capital Inc. in Los Angeles has agreed to buy Orange Community Bancorp. Under the agreement, shareholders of the $223.6 million-asset Orange Community would receive $30 million in cash, or $11.70 a share.
March 11 -
The Federal Reserve Board has voted to allow Goldman Sachs Group Inc. to retain an 9.8% stake in a small Tennessee banking company. Goldman Sachs Investment Partners Master Fund LP made the investment in the $589 million-asset Avenue Financial Holdings Inc. in Nashville in 2007.
March 11 -
More adept now at tapping capital, a small but significant number of community banks in the hardest-hit states like California, Georgia and Illinois are escaping from the Troubled Asset Relief Program.
March 11 -
While Rep. Scott Garrett, R-N.J., and other top policymakers continue to push for the creation of a covered bond market in the U.S., some community bankers are raising concerns.
March 11 -
While Rep. Scott Garrett, R-N.J., and other top policymakers continue to push for the creation of a covered bond market in the U.S., some community bankers are raising concerns.
March 11 -
Iberiabank Corp. is on track to buy two Louisiana banks, ending the Layfayette company's seven-year lull of deal making in the state.
March 11 -
In a rare show of unity, the leading bank and credit union industry groups filed a joint friend-of-the-court brief to support TCF's lawsuit looking to block implementation of the Durbin amendment.
March 11 -
Iberiabank Corp. is on track to buy two Louisiana banks, ending the Layfayette company's seven-year lull of deal making in the state.
March 11 -
Checking accounts have long been the core product for bank customers. Times may be changing. The newest banking regulations are pushing banks toward charging fees for services that used to be free and cutting rewards programs in order to recoup their losses.
March 11 -
Credit card debt among consumers with at least one account dropped 15% nationally in February to $7,168, with every state lowering its credit card debt, according to CreditKarma.com, a San Francisco-based company that tracks credit scores and household debt.
March 10 -
The head of California United Bank in Encino, David Rainer, was appointed to the board of the Federal Reserve Bank of San Francisco, California United announced Thursday.
March 10 -
Financial Institutions Inc. in Warsaw, N.Y., plans to raise $40 million of fresh capital through a public stock offering.
March 10 -
Illinois regulators are swinging their hammers again, but this time, their targets are better equipped to take the blow.
March 10 -
The interchange provision included in the Dodd-Frank Act that theoretically acts as an exemption is an illusion. It will not work and cannot be made to work.
March 10 -
Large banks' overall funding advantage continued to drift down through the fourth quarter, but some of the narrowing could reflect lagged repricing in small banks’ time deposit portfolios.
March 10 -
If you are a business owner you know that you sometimes have customers that owe you money and you may struggle with trying to collect that money.
March 10 -
While most lending sectors are still struggling to recover from the financial crisis, regulators are turning a nervous eye to one area that is thriving: agricultural lending.
March 9 -
While the GSEs have become struggling entities in conservatorship with a doubtful future, the structure of the secondary mortgage market remains significant, especially for community banks.
March 9 -
ST. PETERSBURG, Fla. – PSCU Financial Services said yesterday it has joined NCR and First Data Corp. to offer ATM hardware purchase, leasing options and maintenance services to its 1,500 credit unions.
March 8 -





