Consumer banking
Consumer banking
- Maryland
Regulators failed four banks late Friday, pushing the total number of collapses this year to 143. Closures are now are at their highest point since the S&L crisis.
November 5 -
The Office of Thrift Supervision has given Superior Bancorp of Birmingham, Ala., until the end of March to strengthen capital ratios significantly.
November 5 -
The largest shareholder of Sterling Bancshares Inc. is preparing for a proxy contest to overhaul the Houston company's board.
November 5 -
The private-equity commitments that Central Pacific Financial Corp. of Honolulu touted in its Nov. 2 earnings release have been finalized.
November 5 -
Beneficial Mutual Bancorp Inc. posted a surprise third-quarter loss on Oct. 22 from an unexpected, and unwelcome, event: its charging off of the decline in collateral values for all of its criticized loans.
November 5 -
A federal court entered a judgment of more than $3.6 million against a payment processor and its subsidiary that allegedly debited consumers’ bank accounts illegally on behalf of deceptive telemarketers, the Federal Trade Commission (FTC) announced Friday.
November 5 -
Unicredit America Inc., an Erie, Pa.-based collection agency, collected money from unsuspecting consumers by pretending to hold hearings in a room decorated to look like a courtroom, according to a lawsuit filed Friday against the company in Pennsylvania.
November 5 -
North American Financial Holdings Inc. is set to pick up a big chunk of a North Carolina bank in a bid to build a Southeast powerhouse.
November 4 -
A handful of small banks have also struck deals recently that will heighten their name recognition and allow them to cull customers out of massive audiences.
November 4 -
AscendOne Corp., a Columbia, Md.-based debt management business, will pay $4.5 million to settle charges that the company misled consumers about its for-profit status.
November 4 -
A bankruptcy judge allowed AmericanWest to move forward with plans to hold an auction for its bank, despite an objection from a hedge fund attempting to impede the deal.
November 4 -
When all is said and done, home values will likely increase and foreclosed properties will likely experience the greatest benefit of this given their less-expensive price tags.
November 4 -
Herald National Bank has turned a profit less than two years after being started at the height of the financial crisis.
November 3 -
Carolina Bank Holdings Inc. reported a third-quarter loss Tuesday of $2.1 million, compared to a $110,000 loss a year earlier.
November 3 -
Tower Bancorp Inc. and First Chester County Corp. have extended for a third time the deadline for completing their merger.
November 3 -
Private-equity firms are showing more confidence that credit-quality problems are ebbing. Several recent capital infusions have caught the eye of analysts, especially an announcement on Monday by Brand Group Holdings Inc.
November 3 -
There is a sales group that is more hard core than car salesmen. I'm talking about Girl Scouts. In the eyes of the recipients of their sales pitches, you're a pushy salesperson.
November 3 -
WINSTON-SALEM, N.C. – Ten students at East Forsyth High School have launched Winston-Salem’s first student-run credit union managed by Truliant FCU.
November 2 -
SAN ANTONIO – River City FCU reached an agreement with H.E. Butt Grocery Co. to open three new branches inside local H-E-B stores.
November 2 -
RIVERSIDE, Calif. – Altura Credit Union is closing one of its two branches in Hemet, Calif., Credit Union Journal has learned.
November 2



