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New regulations and the end of the refi boom are forcing banks to seek new sources of noninterest income. Some are taking a hard look at offering services they can charge for.
November 7
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The Federal Reserve Board has announced the termination of regulatory orders with four lenders Thursday: FNB United (now named CommunityOne Bancorp), Highland Bancshares, National Consumer Cooperative Bank and NCB Financial.
November 7 -
Stephen Carpenter will step down as CU Bancorp's vice chairman and become a director emeritus at the end of the year, the $1.3 billion-asset company said Thursday.
November 7 -
Southern Missouri Bancorp (SMBC) in Poplar Bluff has agreed to buy Citizens State Bankshares of Bald Knob in Arkansas.
November 7 -
The share of U.S. mortgages that are seriously delinquent fell to a five-year low as job gains help borrowers keep up on payments while rising home prices enable others to sell.
November 7 -
U.S. Bank (USB) will have to face a lawsuit alleging that it helped a Ponzi schemer steal hundreds of millions from his clients, a judge ruled Tuesday.
November 7 -
International Bancshares (IBOC) in Laredo, Texas, reported a rise in quarterly profit as its net interest income ticked up.
November 7 -
Banks that best leverage customer loyalty are accelerating the digital transformation, catering to select demographics and actively selling products to new and existing customers.
November 7
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Hudson Valley Holding (HVB) in Yonkers, N.Y., is launching an asset-based lending business.
November 7 -
Fannie Mae will pay the Treasury Department $8.6 billion after reporting a seventh consecutive quarterly profit on continued recovery in the housing market.
November 7
