Consumer banking
Consumer banking
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With an average of 2,600 new members joining each month, the Huntsville, Ala.-based credit union recently earned a Credit Union of the Year honor from NAFCU.
July 18 -
OneUnited in Boston recently issued a debit card supporting immigrants, taking a public stand on a divisive national issue.
July 18 -
The Minnesota company's profits rose by double digits despite some challenges in the second quarter, and its CEO says it will be expanding its digital offerings to simplify banking for customers.
July 18 -
Anchor will be sold to FS Bancorp after agreeing to terminate a deal with Washington Federal. The original deal had been delayed as Washington Federal dealt with BSA issues.
July 18 -
Organizers of Gainey Business Bank, a bank planned in Scottsdale, received approval from the state's banking regulator to raise capital while completing a charter application.
July 17 -
Matthew Prosseda, former president and CEO of First Keystone Community Bank, was hired by Kafafian Group to advise banks on strategic planning.
July 17 -
The appointment of David Solomon, who will take over for retiring CEO Lloyd Blankfein, has not altered the bank's aggressive plan to build a mobile phone-based bank for consumers in the U.S. and beyond.
July 17 -
It ties checking accounts and cards to gaming and other apps to provide automated savings.
July 17 -
The North Carolina city lost all its locally owned banks, but a fintech push and more favorable economics for de novos could lead to an entry-level resurgence.
July 17 -
Bank of America’s consumer loans grew a lot. But its rivals? Not so much. The mixed results raise questions about whether BofA’s performance is a leading or trailing indicator, and if credit quality is going to be more of a problem industrywide.
July 16 -
The New York bank, which is part of Leumi Group in Israel, is entering a new business line after spending years improving its infrastructure.
July 16 -
Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere.
July 16 -
P. Byron DeFoor, who already has majority stakes in two community banks, is planning to buy First Columbia Bancorp.
July 16 -
Despite some criticisms of the strategy, community banks should continue to pair up with fintech companies that can help them expand their digital offerings.
July 16 -
Rather than ban screen scraping, financial institutions should improve secure account connectivity so that consumers can share data with the apps they want to use.
July 16 -
Executives at the recent In|Vest conference discussed ways to make banks more competitive in the world of financial advice.
July 15 -
The Pittsburgh regional detailed plans to enter a number of new markets with its digital bank and carefully chosen branch openings.
July 13 -
People's United in Connecticut pored over all the customer data it could find to persuade customers to give the midsize bank — instead of advisory firms and investment houses — a shot at managing their money.
July 13 -
The digital advice startup had no one with knowledge of branch banking. A board member told them to call Mike Reed, JPM's former retail branch chief.
July 13 -
Bankers should resist the urge to skirt financial regulations, including know-your-customer and lending standards, to make a sale. The danger of penalties and a possible reputational hit is too great.
July 13





















