Retail & Commercial

Community banks need to rethink their technology and marketing to ensure they are snagging a piece of the millennial generation. Big banks have the lead in reaching this demographic, but they are vulnerable, experts said.

Investors Bancorp in Short Hills, N.J., reported a steep drop in second-quarter profits from last year, as operating expenses far outpaced returns from loans and other business lines.

Regions Bank in Birmingham, Ala. has been approved as a Fannie Mae Delegated Underwriting and Servicing multifamily lender and acquired the servicing on a $1 billion Fannie apartment loan portfolio.

Traditionally, August can be a wasteland for banking policy wonks as Congress takes a summer recess. But here's why next month could actually be an eventful one.

A Government Accountability Office report on medical credit cards and related products follows a request from lawmakers who have expressed concerns about medical debt and predatory lending against people with no insurance or not enough insurance.

TCF Financial (TCB) in Wayzata, Minn., reported a significant increase in second-quarter earnings as a surge in automobile lending and improved asset quality offset a decline in fees from deposit accounts.

Airbnb’s recent rebranding featured personal narratives from employees and customers as well as stories that emphasized the company’s local roots. Banks can apply these lessons to their own marketing and product development, according to consultant Sam Maule.

The $9.8 billion-asset MB Financial received approval from the Office of the Comptroller of the Currency on Thursday to acquire Taylor Capital in Rosemont, Ill.

Total outstanding U.S. auto loans reached a record high of $902.2 billion through April, an increase of more than 10% from the same time a year earlier, according to the latest Equifax National Consumer Credit Trends Report released Thursday.

WASHINGTON — Due to an improving jobs market and better credit conditions, homebuilder D.R. Horton, Inc. is betting the time is right to cater to the first-time homebuyer.