Consumer banking
Consumer banking
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Flagstar Bancorp Inc. in Troy, Mich., said its second-quarter loss expanded by 26% from a year earlier, to $97 million. The $13.7 billion-asset company's net interest income totaled $42.4 million, up 12% from the first quarter, but down 30% from a year earlier.
July 28 -
EverBank Financial Corp. in Jacksonville, Fla., has struck a deal to rename the local football stadium EverBank Field.
July 28 -
Two recent deals in Southern California serve as a billboard announcing that the mergers and acquisitions market there is shifting to open-bank deals.
July 28 -
Chiefs of healthy community banks say they are talking more about doing deals with rivals hurt by the tepid economic recovery.
July 28 -
The Illinois Democrat added an amendment to an appropriations bill that would require credit card payments accepted at government agencies to be given the lowest available market interchange rates, which typically can only be negotiated by large supermarket chains.
July 28 -
A Senate subcommittee Tuesday endorsed a bill that would cap interchange fees charged to federal government entities for taxes and other services at the lowest market rate, continuing efforts to lower interchange fees charged by banks and credit unions.
July 28 -
The $1.94 billion-asset company said its second-quarter profit rose 52%, to $3.1 million, or 15 cents a share, compared with earnings of $2.1 million, or 16 cents a share, a year earlier.
July 27 -
The opportunities to make bets on failed Nevada banks are dwindling, drawing out-of-state buyers into the market before the game closes.
July 27 -
Wilshire Bancorp Inc. in Los Angeles on Tuesday reported a $4.6 million second-quarter loss after selling off $48 million of nonperforming and delinquent loans.
July 27 -
After announcing preliminary results on credit-quality issues, Whitney Holding Corp. of New Orleans posted an $18 million net loss for the second quarter.
July 27 -
Hanmi Financial Corp. announced Tuesday that its net loss more than tripled, to $29.3 million, in the second quarter from a year earlier.
July 27 -
Nara Bancorp Inc. of Los Angeles reported that its loss more than doubled in the second quarter as a result of significant chargeoffs.
July 27 -
The $12.8 billion-asset company posted a loss of $818,000, or 1 cent a share, for the second quarter. The analyst estimate called for a 22-cent loss.
July 27 -
New York Attorney General Andrew M. Cuomo today announced a settlement with a Buffalo-based collection agency that harassed and intimidated consumers, including some who did not owe the debt in question.
July 27 -
The Small Business Loan Fund, if approved, will not trickle down in any material amount to credit-starved small businesses.
July 27 -
The Treasury's CDFI Fund has ramped up its awards and is looking toward putting another $300M in capital into grants to nonprofit lenders for small lending and microlending.
July 27 -
The gap between long-term and short-term instruments has delivered less of a lift to banks than in the past, and lower asset yields may now be catching up with lower funding rates.
July 27 -
TULSA, Okla. – Tulsa FCU plans to build a branch on Riverside Drive.
July 26 -
ROCK ISLAND, Ill. – RIA FCU is celebrating its newest branch inside a newly-remodeled Hy-Vee in Silvis.
July 26 -
VANCOUVER, Wash. – iQ CU announced yesterday it has signed a multi-year agreement with FTSI for first and second line servicing on 28 Diebold ATMs.
July 26



