Consumer banking
Consumer banking
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Online lenders and other firms await news from OCC and Treasury on the future of their supervision, even as they absorb the news that Square had to temporarily pull its industry loan company application.
July 6 -
Provident Financial said it increased its allowance against a commercial loan after discovering that the borrower overstated the value of its collateral.
July 6 -
While sellers in urban centers are getting a lot of attention from acquirers, Southern Bancorp in Arkansas shows the upside of pursuing smaller deals in underserved rural markets.
July 6 -
Beach Community Bank, which recently added $100 million in capital, hired veteran banker Carl Chaney as its executive chairman.
July 6 -
Jennifer Jackson will succeed Shane Holdaway as head of the Toronto-based unit, which has 1,200 employees.
July 6 -
Founders of the startup digital bank Cogni say they have the formula for reaching Uber drivers and the like, but observers warn it's a group that won't be easily won over.
July 5 -
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





















