Consumer banking
Consumer banking
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BluCurrent CU launched video banking in 2012 in the hope new technology would be cheaper long-term than additional staffing, and the credit union has seen strong growth as a result.
July 5 -
The payments processor has pulled its submission to the FDIC to become a depository bank but says it plans to make a second attempt soon.
July 5 -
The leader of an Ohio mutual is urging his peers to follow the lead of credit unions by forming groups to share technology and collaborate on lending and deposit gathering.
July 5 -
Virginia National will set aside up to $950,000 to cover losses after ReliaMax, a firm that issues surety bonds for student loans, was placed into liquidation.
July 5 -
When bank customers are treated poorly by branch employees, it can damage the relationship even if the specific issue is effectively resolved.
July 5 -
A first-in-the-nation ordinance, passed by the city council in the wake of the Wells Fargo scandal, would require banks that want the city’s business to reveal if they have sales quotas for employees. It remains to be seen, though, whether Mayor Eric Garcetti will sign the measure into law.
July 3 -
Northwest Bancshares in Pennsylvania, which built a reputation as an active acquirer, is taking a step back under Ronald Seiffert to evaluate ways to grow without M&A.
July 3 -
Aquesta Financial Holdings expects to record a post-tax gain of $1.7 million from the sale of its insurance business.
July 3 -
A decades-old Fed charter could help banks develop new cooperatives to combat economic inequality.
July 3 -
The deal is designed to improve capital ratios and reduce risk at the Seattle company.
July 3 -
A Chicago bank isn't afraid of taking on competitors that spend billions on technology. A state regulator is afraid of giving fintech startups too much latitude. Yet another one of our Most Powerful Women retires. Plus, blockchain's leading ladies, the fallout from a big political upset and a tool to help you stop apologizing.
July 2 -
Chris Furlow, who was a founding staff member at the Department of Homeland Security, is now the president and CEO of the Texas Bankers Association.
July 2 -
While there are many reasons consolidation has slowed in the Keystone State over recent years, several factors in play could lead to a resurgence in activity.
July 2 -
Some industry officials are offering rosy projections about the future of banking, but institutions that follow that logic may find themselves overextended in the next downturn.
July 2 -
Union Bankshares in Virginia sold Shore Premier Finance, a business it inherited from a recent acquisition.
July 2 -
Peapack-Gladstone has agreed to buy Lassus Wherley & Associates, which has offices in New Jersey and Florida.
June 29 -
The Oakland company has hired Colleen Atkinson, a former manager at HSBC, to oversee its new professional banking business line.
June 29 -
Commercial real estate is their bread and butter, but many banks are scaling back in this vital loan category. Here’s why.
June 29 -
Nelnet’s planned bank would be an online enterprise focused on gathering deposits and making private student loans.
June 29 -
As branches evolve to become more education-oriented, banks are taking their cues from retailers, hotels and other service sectors.
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