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About 35 million Americans are considered underbanked. According to a Javelin study, this group has higher income and potential interest in traditional banking than you might think.
June 14 -
Cambridge Savings Bank in Massachusetts said that Robert Wilson, its president and chief executive, has taken a medical leave.
June 14 -
WASHINGTON — Industry groups asked the Consumer Financial Protection Bureau Wednesday to convene a panel to review the potential effects of new mortgage lending standards on small businesses.
June 13 -
In what would be its first acquisition since its founding in 2007, fast-growing First Virginia Community Bank has agreed to buy 1st Commonwealth Bank of Virginia.
June 13 -
Huntington Bancshares (HBAN) in Columbus, Ohio, continues to bet big on in-store branches.
June 13 -
Fannie Mae went in-house to recruit three of its last four CEOs, a strategy likely calculated to rebuild internal morale. Freddie Mac hired three of its last four chiefs from outside, signaling continued housecleaning.
June 13 -
A fight between ECB Bancorp in North Carolina and the Gibbs family foreshadows clashes at many community banks between today's managers and ownership interests from yesteryear.
June 13
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Credit card offers mailed to consumers tapered off sharply in recent months after a resurgence in the wake of the recession, indicating a shift in large-issuer strategies.
June 13 -
The Consumer Financial Protection Bureau will use the data to make recommendations to Congress, which could include changes to the private student loan market.
June 13 -
An employee of First Federal Savings Bank of Iowa helps rescue a kitten trapped in a ventilation pipe next to one of the bank's branches.
June 13
