Consumer banking
Consumer banking
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Lynn Harton was finally named CEO of United Community Bank after a five-year apprenticeship, though Jimmy Tallent remains CEO of the parent company. The executives have long touted an ability to bounce ideas off each other as a reason for United's success.
August 17 -
Pivotus, the software business run by the bank’s former CEO, collaborates with financial institutions from Australia to the Netherlands.
August 17 -
Credit card issuers have been trying to outdo each other to offer the best rewards program. And it shows, as customer satisfaction rates with many (but not all) of their banks have never been higher in a yearly J.D. Power study. But they may not last forever.
August 17 -
More than a decade after Walmart’s unsuccessful banking bid, the core reasons to oppose nonbank conglomerates owning banks remain the same.
August 17 -
The Alabama company agreed to buy FirstAtlantic Financial for $108 million.
August 17 -
Approval from the Federal Reserve is the last remaining hurdle for the $2.2 billion transaction.
August 16 -
Sponsorships, scholarships and other ways credit unions are helping make a difference in classrooms across the country.
August 16 -
In addition to typical industry challenges, family-owned banks also have to address generational leadership and estate planning at a time when an increasing number of their CEOs are looking to retire.
August 16 -
Collaboration will help make up for cost concerns from adopting the technology and ensure that the core vendors get the message of community banks’ interest.
August 16 -
While banks know they must develop and launch new tools that are useful, convenient and intuitive, figuring out which tools meet that objective and employing them often seems out of reach.
August 16 -
Three years after guiding the Baltimore bank through bankruptcy, the group that recapitalized it found a similar institution eager to form a new partnership.
August 15 -
The Baltimore bank, which was on the brink of failure before a group recapitalized it, is selling itself to Howard Bancorp.
August 15 -
The mishandling of the two former employees’ complaints, detailed in documents and by former OSHA officials, raises questions about the government’s treatment of whistleblowers throughout the financial services industry.
August 14 -
Like many banks its size, CenterState in Florida may need to venture out of state to find a big enough acquisition to make additional compliance costs worthwhile.
August 14 -
Scholarships, shred days, solar energy and more ways credit unions are giving back to the communties they serve.
August 14 -
When Apple or Google releases a new version of its operating system, banks are forced to respond by updating their mobile apps—running just to stay in place. Next month's release from Apple is especially challenging.
August 14 -
Collaboration will help make up for cost concerns from adopting the technology and ensure that the core vendors get the message of community banks’ interest.
August 14 -
The Florida company will pay nearly $600 million to buy HCBF Holding and Sunshine Bancorp.
August 14 -
Two small banks recently announced plans to ditch their holding companies, but more could be on the way, says KBW CEO Tom Michaud. A big reason why is that regulators haven't gone far enough in "harmonizing their approach" to oversight, he said.
August 14 -
Lenders say they are eager to reduce their exposure to CRE, but an examination of recent deals shows just how hard that can be.
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