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The Birmingham, Ala., bank also saw lending decline in the quarter as strategic reductions in certain business lending lines offset gains in C&I and consumer.
July 20
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That helped push total lending growth to 4% and contributed to strong second-quarter earnings at the Providence, R.I., company.
July 20
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The company will no longer originate indirect auto loans outside of Florida and Georgia.
July 20
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The agency’s consumer complaints database must remain available to the public to help prevent further abuses.
July 20
Center for Responsible Lending -
Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat.
July 20
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Credit card and auto loans grew again in the second quarter at the McLean, Va., company, and the net charge-off rates of both business lines fell, too.
July 19
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To improve videoconferencing adoption, banks are advised to focus on one particular group of clients.
July 19
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The bank had numerous warnings that there could be severe regulatory consequences related to deceptively advertised add-on products. It is paying the price for failing to do more in response.
July 19
American Banker -
The bank announced plans to open 100 to 125 branches in fast-growing cities across the Southeast, and will close an equal number in the Midwest. In a way, it's finishing a plan it cooked up nearly two decades ago.
July 19
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Brentwood Bank’s purchase of Union Building and Loan would give it a larger presence around the Steel City.
July 19
