Banking

Consumer advocates and academics recently removed from the Consumer Advisory Board said they were "disappointed" that the board will be reconstituted with fewer members.

PNC's Todd Barnhart, incoming Consumer Bankers Association chair, says the group is concentrating on the impending process of modernizing the Community Reinvestment Act among other issues that do not require action on Capitol Hill.

Casey Crawford, CEO of Movement Mortgage, bought First State Bank in Virginia last year. He has since injected more capital into the bank in an effort to reinvent it.

A community bank in Pennsylvania made up its own holiday of sorts — including a product demonstration and a 1982 DeLorean reminiscent of "Back to the Future" — to encourage bank customers to try out new fintech features.

A companywide survey at First National Bank Alaska found that employees wanted more training and development. This is how the bank responded.

On Jun. 30, 2018. Dollars in thousands.

On Jun. 30, 2018. Dollars in thousands.

The financial press ponders how a replay of the 2008 crisis can be avoided; losing HNA's 7.6% stake may be a blessing in disguise, but DB's funding costs remain a worry.

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon Go opens in New York; Paul Galant joins Softbank subsidiary; Visa adds disaster recovery feature; Russian hacking suspect extradited to New York; Vizeo TV may have to disclose spying on viewers.

Many workers get extra days off to celebrate all kinds of things, from their birthdays to a good regulatory exam score, or as a reward for charitable giving and other community involvement.

Dawn Morris, formerly of Webster Financial, will also oversee marketing and customer experience.

The agency announced a new lineup for the Consumer Advisory Board after having fired its previous members and those of two other panels.

Delinquencies have held steady for a year, and observers are optimistic about upcoming third-quarter data. But the long-term question is whether solid underwriting can overcome higher vehicle prices and consumer debt burdens.

First Bank Financial Centre's Mark Mohr personalizes work anniversary cards by drawing sketches on them highlighting employees' interests.

Acquiring fintechs can be a smart way for banks to access needed tech talent, but they must be careful not to stifle innovation in the merger.

Agency’s first supervisory report under Mulvaney finds little change; the nonbank lender surpasses Citigroup and Bank of America in home loans.

The information you need to start your day, from PaymentsSource and around the Web: Apple Pay stalls in India; Walmart's grocery partner; FIDO's new program; and more.

Sen. Elizabeth Warren and Rep. Elijah Cummings have called for an update on probes into the credit reporting giant a year after its massive data breach came to light.

Net income up is up for the industry on average, but the number of federally insured credit unions has dropped to 5,480.