Consumer banking
Consumer banking
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BOSTON – Medical Area FCU last week said it is opening a lending center in Boston's low-income Dorchester neighborhood today.
January 31 -
Glacier Bancorp Inc. of Kalispell, Mont., said Friday that its fourth-quarter net earnings fell 44% from a year earlier, to $9.5 million.
January 31 -
Harleysville National Corp. of Pennsylvania announced Friday that its fourth-quarter net income fell 26% year over year, to $2.8 million.
January 31 -
The $11 billion-asset company reported a net loss available to shareholders of $15.7 million, compared with a $69.4 million for the fourth quarter of 2008.
January 31 -
Loan sales helped a growing number of community banks push some of their problems out the door in the fourth quarter.
January 29 -
Loan sales helped a growing number of community banks push some of their problems out the door in the fourth quarter.
January 29 -
Veterans whose tax refunds and benefits were withheld by the U.S. government will be repaid $7.4 million under settlement terms of a class-action lawsuit that questioned the government’s collection tactics. A total of 6,715 veterans will receive approximately $10,000 each. A federal judge in San Francisco approved the settlement.
January 29 -
The U.S. economy grew at the fastest pace in more than six years during the fourth quarter as businesses made less-aggressive cuts to inventories and stepped up spending, according to a report today by the Commerce Department.
January 29 -
Details for a planned $30 billion program to help community banks lend to small businesses are still being worked on, but the Obama administration is leaning toward removing the strings that have scared institutions away from other capital programs.
January 28 -
The $14.8 billion-asset thrift company announced late Wednesday that MatlinPatterson Global Advisors LLC, a New York private-equity firm, injected $300 million into Flagstar as part of a rights offering announced late last year.
January 28 -
Even as many other community banks have recoiled, Iberiabank Corp. lately has been on a growth tear — raising capital, buying four failed banks and picking up lending teams from competitors.
January 28 -
As economists and government officials declare the recession over because of an artificially funded rise in GDP, the orphaned byproduct of the downturn - high unemployment - remains alive and well and will extend its tentacle of impact on consumer collections for many months.
January 28 -
HOUSTON – ATM company Cardtronics, which announced a deal with Carnival Cruise Lines Tuesday, said yesterday it has signed to provide ATM transaction processing and operational support services for the six ATMs installed at American Airlines Center, the home of the Dallas Mavericks NBA basketball team and the Dallas Stars NHL hockey team.
January 27 -
CHICAGO – Polish & Slavic FCU is expanding its footprint this week with the opening of two branches here, the $1.2 billion credit union’s first offices outside its core New York and New Jersey market.
January 27 -
BURBANK, Calif. – The Walt Disney Co.'s Partners FCU announced it is closing its Anaheim operations center and consolidating the work in Burbank and Orlando over the next six months.
January 27 -
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With nonperforming assets declining and two consecutive profitable quarters under its belt, the Atlanta company is planning for a year of black ink.
January 27 -
Despite three big boosts to capital in 2009, First Financial Bancorp in Cincinnati is looking to amass an even bigger treasure chest of capital this year.
January 27 -
The Conference Board's Consumer Confidence Index, which increased in November and December, improved again in January. The index stands at 55.9, up from 53.6 last month. The baseline for the index, set in 1985, is 100.
January 26



