Consumer banking
Consumer banking
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The Federal Reserve Bank of Chicago is painting the Windy City green.
May 24 -
State National Bancshares Inc. of Fort Worth is acquiring a 21-year-old community bank in Granbury, Tex.
May 23 -
Community Bancorp of Las Vegas has its first acquisition deal; it is buying Bank of Commerce in the suburb of Henderson for $40 million in cash and stock.
May 23 -
Oak Hill Financial Inc. of Jackson, Ohio, has lowered its 2005 profit estimate and raised its loan-loss provision by $4.3 million to reflect recent chargeoffs.
May 23 -
Accessor Capital Management, a Seattle fund company, has found an asset hoard among bank customers that other asset managers shy from - the smallest ones.
May 23 -
While most of the frenzied expansion in Texas is concentrated in the largest markets, First Financial Bankshares Inc. is targeting parts of the state's central and western regions that are much less congested.
May 23 -
Clifton Savings Bancorp Inc. in New Jersey has announced that the state's supreme court has ruled in its favor in a case brought by the activist investor Lawrence B. Seidman.
May 20 -
Microsoft Corp. has seen the bank branch of the future, and it is Umpqua Bank's flagship branch in the trendy Pearl District of Portland, Ore.
May 20 -
WASHINGTON - Community activists have long argued that credit unions, like banks, should be subject to the Community Reinvestment Act, and on Thursday they unveiled a study that they say bolsters their case.
May 20 -
Baton Rouge may not look enticing on paper -- its average household income is 11% below the nation's, its unemployment rate is comparable to the national one, and its population fell slightly from 2000 to 2003 -- but bankers in Louisiana and elsewhere are lining up to get into the city.
May 19 -
Dime Community Bancshares Inc. said it sold nearly half of its $580 million investment portfolio to gird itself for further interest rate increases.
May 19 -
Northern States Financial Corp. of Waukegan, Ill., said Wednesday that its $619 million-asset Bank of Waukegan has received an enforcement order from state and federal regulators concerning violations of the Bank Secrecy Act.
May 19 -
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Susquehanna Bancshares Inc.'s auto-leasing subsidiary is headed for a $14 million net loss this year, and analysts are clamoring for the company to shut it down. But chairman and chief executive William J. Reuter said he is not about to rush into a decision.
May 18 -
The spring edition of the Federal Deposit Insurance Corp.'s quarterly Consumer News, released Tuesday, is aimed at young adults.
May 18 -
The Securities and Exchange Commission’s Public Company Accounting Oversight Board issued guidance to external auditors Monday to relieve some of the burden for publicly traded companies in complying with the auditing requirements of Section 404 of the Sarbanes-Oxley Act.
May 17 -
On the advice of their auditors, many community banks have written down the value of their Fannie Mae and Freddie Mac preferred stock because the stocks have fallen below their purchase prices and there is no telling when they might come back.
May 17 -
SEI Investments Inc. says it wants to increase market share and assets under advisement by developing outsourcing deals with community and small regional banks.
May 17






