Consumer banking
Consumer banking
-
The Internal Revenue Service is scrutinizing at least a handful of banks that sought large tax refunds for charging off bad loans last year.
June 15 -
WASHINGTON — Lawmakers unexpectedly added an overhaul of the deposit insurance system to the final regulatory reform legislation on Tuesday, adding sweeping provisions that were not part of either the House or Senate revamp bills.
June 15 -
Integra Bank Corp. has sold two Kentucky branches and more than $40 million in loans to Cecilian Bank as part of a plan to boost capital and reduce nonperforming assets.
June 14 -
MECHANICSBURG, Penn. – Members First FCU is opening its new branch inside a Giant Food Store in York today.
June 14 -
MADISON, Wis. – Royal CU said it expects to open the 11 branches it is acquiring from troubled Anchor Bank as credit union branches by the end of the month.
June 14 -
Longtime Midwest banker Marty Adams is heading south on a rescue mission. The struggling TIB Financial Corp. in Naples, Fla., announced late Friday that Adams, former chief executive of Sky Financial Group, would join TIB to help it secure the $150 million it needs for a recapitalization.
June 14 -
WASHINGTON — While it has seemingly become routine for several banks to fail every week, only one institution was closed late Friday, $521 million-asset Washington First International Bank in Seattle.
June 11 -
WASHINGTON — While it has seemingly become routine for several banks to fail every week, only one institution was closed late Friday, $521 million-asset Washington First International Bank in Seattle.
June 11 -
The $200 million-asset bank announced Thursday that it will be rebranded American Perspective Bank after a settlement with an unidentified company in a trademark infringement case. That company agreed to shoulder a significant portion of costs associated with the California bank's name change as part of the settlement.
June 11 -
More banking companies are stacking up missed payments on their preferred shares held by the federal government, according to a Treasury Department report released Friday.
June 11 -
More banking companies are stacking up missed payments on their preferred shares held by the federal government, according to a Treasury Department report released Friday.
June 11 -
John Everets led a group of investors that rescued Savings Bank of Maine, which serves a tiny community an hour north of Portland, from the brink last month by spearheading a $60 million investment.
June 11 -
John Everets led a group of investors that rescued Savings Bank of Maine, which serves a tiny community an hour north of Portland, from the brink last month by spearheading a $60 million investment.
June 11 -
WICHITA, Kan. – Catholic Family FCU has hired local contractor Van Asdale Construction LLC to build a new home office for the $25 million credit union.
June 10 -
TACOMA, Wash. – Community First CU, the state’s oldest credit union, said it is moving to a new headquarters in nearby DuPont at the end of the year.
June 10 -
BankAtlantic Bancorp Inc. of Fort Lauderdale, Fla., Thursday announced pricing for its $25 million rights offering. The $4.7 billion-asset company said it would sell shares to existing shareholders at $1.50 a share, a 21% discount to the stock's price on June 1, the day before the company announced the rights offering.
June 10 -
CNB Financial Corp. in Clearfield, Pa., expects to raise $27 million through a common stock offering.
June 10 -
Bank of Internet USA in San Diego is offering a loan portfolio program that few banks of its size are willing to hold: jumbo and super-jumbo mortgages.
June 10 -
Federal regulators have given PremierWest Bancorp in Medford, Ore., 60 days to come up with a capital plan even though the company raised capital in the first quarter.
June 10 -
WSFS Financial Corp. in Wilmington, Del., is preparing to raise as much as $150 million in fresh capital.
June 10


