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The $1.5 billion-asset bank lost $15 million in the third quarter, its twelfth straight quarterly loss, according to a Federal Deposit Insurance Corp. call report made public Friday.
October 31 -
Investors Bancorp in Short Hills, N.J., reported higher third-quarter earnings, fueled by strong loan growth.
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First Financial Bancorp in Cincinnati saw its earnings rise slightly in the third quarter because of acquisitions and loan growth.
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The Bancorp in Wilmington, Del., said on Friday that it has eliminated its commercial lending operations, amid pressure from regulators to fix its anti-money laundering procedures.
October 31 -
MEDLEY, Fla. Besides the usual measures of requiring a down payment, adjusting the interest up, and staying on top of collections, Compass Financial Federal Credit Union uses a few other tactics that focus less on interest rates and credit scores to keep delinquencies in check, and more on the vehicles being financed themselves.
October 31 -
LONG ISLAND CITY, N.Y. United Nations FCU here has unveiled a mortgage lending program aimed specifically at boosting the credit union's penetration with a historically very reliable class of borrowers doctors.
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LOS ANGELES Small credit unions can boost their lending with new products, better differentiation and by knowing when members are ready to buy their next vehicle.
October 31 - Michigan
SAGINAW, Mich. While some companies frown upon parents and children as co-workers, Catholic Federal Credit Union has no problem hiring employees from the same family. In fact three members of one family work at the same branch.
October 31 - Washington
WASHINGTON A smaller percentage of U.S. households were unbanked in 2013 compared with two years earlier, just as less traditional financial services products such as prepaid cards grew in usage among those without a bank account.
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WASHINGTON The Supreme Court is slated to hear arguments Tuesday in a case that could determine when and how borrowers are allowed to cancel their mortgages.
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