Consumer banking
Consumer banking
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Boston-based OneUnited Bank skipped its sixth consecutive dividend payment to the U.S. government, making it just one of a handful to have fallen so far behind, the company's chief executive said in an interview.
August 18 -
Capitol Bancorp Ltd. in Lansing, Mich., said it reduced its loss in the second quarter to $41 million, compared with a $47.9 million loss a year earlier.
August 17 -
The $1.2 billion-asset company on Monday posted a $21 million loss, compared with a loss of $5.3 million in the first quarter, and net income of $342,000 a year earlier.
August 17 -
Less than two years after it became the first "blank-check" acquirer to take over failed banks, Community Bankers Trust Corp. is reeling.
August 17 -
To stimulate employment, our government should consider providing startup businesses with a three-year tax holiday and provide the banks that finance them with tax-free status on the interest received on any loans provided.
August 17 -
The Federal Reserve announced an enforcement action Monday against First Banking Center Inc. to ensure that the bank is adequately capitalized.
August 17 -
Community Financial Shares Inc. in Glen Ellyn, Ill., reported a steeper loss, $2.8 million, in the second quarter than the $446,000 a year earlier and blamed loss provisioning.
August 16 -
Superior Bancorp in Birmingham, Ala., said its net loss widened significantly in the second quarter, largely because of a huge boost in its provision for loan losses.
August 16 -
Montana's banks are struggling with weak loan demand and delinquent construction loans. Yet this summer they're getting a much-needed buffer from tourists, whose dollars are flowing into communities near the state's two bustling national parks.
August 16 -
With a break expected from the Treasury Department, Carver Bancorp Inc. in New York soon will have more equity available to address a growing pool of problem assets.
August 16 -
The Federal Reserve on Monday announced an enforcement action against First Banking Center Inc. to ensure the bank is adequately capitalized.
August 16 -
FAIRFAX, Va.-Do credit unions know themselves? According to Paul Lucas, a marketing and branding consultant for credit unions and CUSOs, the answer is no — at least not enough to know their brand.
August 16 -
MILWAUKEE, Wis.-The record number of mergers among credit unions in recent years has created two camps of thought when it comes to rebranding: ease members of the acquired CU into the new brand, or move quickly and let members adjust.
August 16 -
SEATTLE-At risk of sounding like a "lawyer," Jim Haack says the answer for how to best rebrand a branch after a merger is "it depends."
August 16 -
MILWAUKEE-A credit union's brand is much more than just an accessory that is bought and checked off a post-merger list.
August 16 -
BankUnited is planning an initial public offering 15 months after the Florida lender collapsed and was acquired by investors including Carlyle Group and WL Ross & Co., according to people with knowledge of the matter.
August 16 -
WASHINGTON — Illinois regulators closed the $493 million-asset Palos Bank and Trust Co. late Friday, the 110th failure of the year.
August 15 -
Hampton Roads Bankshares in Norfolk announced Thursday that the Treasury had agreed to take a 74% discount on its $80.3 million investment, accepting $21 million of common equity. The investment was made through the Troubled Asset Relief Program.
August 15



