Banking

Huntington Bancshares says it is especially well positioned to benefit from a commercial lending boom that could accompany a revival of U.S. heavy industry, but other lenders also say they are upbeat.

Credit unions far and wide are giving back to their members and their communities – not because they have to, but because it’s the right thing to do.

On Sept. 30, 2016. Dollars in thousands.

One reader decries inconsistencies in a recent CUJ op-ed.

More than half of consumers visit an ATM at least once a month, although men—and Baby Boomers—tend to get cash more often, according to a new survey from TD Bank.

The phrase “it is what it is” came up several times as CEO Joseph Ficalora addressed analysts’ questions about nixing plans to buy Astoria and the challenges of getting another deal done.

The Wayne, N.J., company posted double-digit gains in interest and nontinterest income.

On Sept. 30, 2016. Dollars in thousands.

On Sept. 30, 2016. Dollars in thousands.

The auto lender also said originations fell 24% due to intense competition.

BMO Harris Bank is providing its customers with a branded P-to-P payment app, continuing a trend of developing mobile payment and banking services.

BlackRock, the world’s largest asset manager, said it plans to move $1 trillion in custodial and fund services for client assets to JPMorgan Chase from State Street.

The $33 billion-asset company’s net income fell 16% to $50 million year over year.

Customers of JPMorgan Chase will no longer have to surrender their bank credentials in order to use Intuit products like Mint, TurboTax or QuickBooks.

Total loans increased nearly 17% to $19.4 billion as the company’s three main business units each added more than $100 million of new loans year over year.

Acquisition pushes quarterly revenues past $1 billion for first time ever.

The banking industry casts aspersions on credit unions while overlooking their unique challenges and contributions to the broader economy.

Big increases in construction and commercial real estate lending boosted revenue at the Kansas City, Mo., company.

The company wants a big deal to help push it over $50 billion of assets, at which point it will be considered systematically important.

First Merchants in Muncie, Ind., has agreed to buy Arlington Bank in Upper Arlington, Ohio.