Consumer banking
Consumer banking
-
United Western Bancorp Inc. of Denver has received a noncompliance letter from the Nasdaq because it has yet to file its third-quarter results.
November 23 -
Private-equity firms willing to fund cash-strapped banks are snatching opportunities from more traditional consolidators.
November 23 -
West Virginia Attorney General Darrell McGraw's office is seeking $3.9 million from a payday loan lender for making and collecting payday loans in violation of a court order, according to a lawsuit filed Tuesday.
November 23 -
The American Bankers Association is set to imminently announce that it has chosen former Oklahoma Gov. Frank Keating to succeed Edward Yingling as president and chief executive officer next year.
November 23 -
Below is an edited transcript of Nov. 4 conversation between our roundtable participants and American Banker staff members. The participants were Robert Kafafian, the president of the Kafafian Group Inc., Theodore Kovaleff, an analyst at Horwitz & Associates, and Christopher McGratty, an analyst at KBW Inc.'s Keefe, Bruyette & Woods Inc.
November 23 -
The cities of Beaverton and Lake Oswego have launched programs this year to move public funds from state investment pools into certificates of deposit at local, civic-minded banks.
November 22 -
The $79 million-asset Santa Rosa, Calif., company said late Friday that it had formed a bank holding company. All stock in the bank was transferred to the company.
November 22 -
People's United Financial Inc.'s acquisition of Smithtown Bancorp Inc. in Hauppauge, N.Y., is set to close Nov. 30.
November 22 -
Macatawa Bank Corp. has hired an executive from Fifth Third Bancorp to become its chief credit officer.
November 22 -
Capitol Bancorp Ltd. plans to sell its majority stake in a North Carolina bank to a private-equity-backed group.
November 22 -
An affiliate of Hovde Private Equity Advisors LLC has completed an $11 million capital infusion into FirstAtlantic Financial Holdings Inc. in Jacksonville, Fla.
November 22 -
The national mortgage loan delinquency rate fell to 6.44% in the third quarter ended Sept. 30, the largest quarterly decline since the fourth quarter of 2006, according to an analysis by credit bureau TransUnion.
November 22 -
Account growth has become the number one priority for lenders as they cautiously begin to grant more credit to consumers. However, with a limited pool of potential customers and a desire to avoid taking on too much risk this is not an easy task.
November 22 -
WATERVILLE, Me. – New Dimensions FCU has acquired an Augusta branch from troubled Border Trust, where it plans to open its second branch.
November 21 -
KIMBERLY, Wis. – Capital CU has acquired a two-story building here where the $390 million credit union plans to relocate its main offices.
November 21 -
After announcing earlier this week that his W.L. Ross & Co. plans to invest $45 million into the struggling Cascade Bancorp in Bend, Ore., another bank in his portfolio picked up one of the three banks that failed Friday.
November 21 -
After announcing earlier this week that his W.L. Ross & Co. plans to invest $45 million into the struggling Cascade Bancorp in Bend, Ore., another bank in his portfolio picked up one of the three banks that failed Friday.
November 19 -
Bridge Capital Holdings in San Jose, Calif. said Friday that it would raise $30 million in capital through a private placement with a group of institutional investors.
November 19 -
Continental Bank Holdings Inc. has become at least the third bank in the past two weeks to terminate a planned acquisition after failing to get regulatory approval.
November 19 -
Alliance Bancorp Inc. in Broomall, Pa., announced plans last week to raise up to $41 million in a second-step conversion.
November 19


