Consumer banking
Consumer banking
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DURHAM, N.C. – Latino Community CU is opening a new service facility in Carrboro, its 10th branch in North Carolina.
August 15 -
WASHINGTON — Illinois regulators closed the $493 million-asset Palos Bank and Trust Co. late Friday, the 110th failure of the year.
August 13 -
Saehan Bancorp's net loss narrowed sharply in the second quarter while asset quality and net interest margins improved.
August 13 -
FGBC Bancshares Inc. in Franklin, Ga., has entered into a consent order with state regulators requiring it to boost capital ratios.
August 13 -
Center Financial Corp. said Friday that it revised its first-quarter results, posting a net loss rather than a profit, because of a stock conversion completed in March.
August 13 -
Until Lakeside Bank in Lake Charles, La., threw open the doors to its double-wide trailer recently — the bank is so new, its building isn't ready yet — no start-up banks had gotten off the ground in the entire country this year.
August 13 -
The Federal Trade Commission on Thursday told the U.S. Senate Committee on Commerce, Science, and Transportation that protecting financially distressed consumers from deceptive debt relief schemes is a top agency priority.
August 13 -
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 13 -
The number of collection agencies and creditors sued under various consumer statutes spiked to 480 in the second half of July, compared with 389 in the first half, according to data from U.S. District Courts.
August 12 -
WICHITA, Kan. – Meritrust CU said yesterday it is partnering with CO-OP Financial Services to give its members access to more than 28,000 surcharge-free ATMs nationwide.
August 12 -
If ShoreBank is trying to get open-bank assistance, as some media outlets have reported, the undercapitalized lender's odds of success are long.
August 12 -
First Chester County Corp. in West Chester, Pa., announced its first-quarter financial results this week, more than four months after the quarter ended.
August 12 -
Columbia Banking System Inc. in Tacoma, Wash., has repaid the $76.9 million it received under the Troubled Asset Relief Program.
August 12 -
Alliance Bancorp Inc. in Broomall, Pa., is planning a second-step conversion, whose proceeds it said would help fund growth.
August 12 -
Nearly 1,200 banks have been hit with an enforcement action made public by federal regulators since the start of 2008, and that number is expected to climb at an accelerated rate.
August 12 -
Though the Dodd-Frank regulatory reform law designed separate rules for large and small institutions, covering everything from capital to stress tests to consumer protection, a consensus is growing that the higher standards for bigger institutions will eventually apply to everyone else.
August 12 -
Everyone is waiting for small business to revive and generate jobs as the job-creation engine of our economy. Don't expect this to happen soon.
August 12 -
The $72 million-asset bank announced late Tuesday that last month it sold $1.7 million, about a quarter of the $6.9 million of nonperforming assets it had at the end of the second quarter. An additional $907,000 of nonperformers are expected to close this month.
August 11 -
The three-year-old Solera National Bancorp Inc. in Lakewood, Colo., has struck its first acquisition deal. The $140 million-asset company announced Wednesday that it has entered into an agreement to buy the Lakewood branch of Liberty Savings Bank, a $1.1 billion-asset thrift in Wilmington, Ohio.
August 11 -
The Securities and Exchange Commission wants information about the credit standards at CVB Financial Corp. in Ontario, Calif. The $6.8 billion-asset company disclosed in its quarterly filing on Monday that it received a subpoena from the SEC on July 26.
August 11



