Consumer banking
Consumer banking
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Coastal Banking Co. in Beaufort, S.C., promoted Charles Wagner to president and hired Thomas Flournoy to be its new chief financial officer.
August 31 -
The National Association of Realtors is urging policymakers to implement reforms meant to qualify more condominium buyers for Federal Housing Administration loans.
August 31 -
Plenty of banks have ended their federal loss-share deals early, but despite the incentives to wind them down, plenty more still have these crisis-era arrangements in place. It may be due to varying deadlines, mistakes calculating loan values or worries that they still might need the coverage for home equity lines.
August 31 -
A breakdown in internal controls at Bank of Princeton almost killed a deal to sell the company to Investors Bancorp.
August 31 -
Industry fears about the Consumer Financial Protection Bureau's "UDAAP" authority recall steps Congress took in the '70s to rein in the Federal Trade Commission.
August 31 -
Green Dot Corp. has tapped one of its board members, Mary Dent, to take the helm of its banking unit.
August 31 -
National Commerce in Birmingham, Ala., has agreed to buy Private Bancshares in Atlanta.
August 31 -
Ford Motor promoted veteran executive Joy Falotico to lead the Ford Credit lending unit, making her the first woman to run the operation that provides financing to auto buyers and dealers worldwide.
August 30 -
The growth in loan demand and the industry's interest-related income has come in spite of continued pressures on bank profitability.
August 30 -
As banks start giving work formerly done by humans to artificial intelligence programs, questions about legal and ethical implications arise. The time to impose values on, and set limits for, the technology is now.
August 30 -
Marlin Business Services in Mt. Laurel, N.J., has partnered with electronics manufacturer JVCKenwood USA to provide financing plans for its customers.
August 30 -
Standard Financial Corp. in Monroeville, Pa., has agreed to buy Allegheny Valley Bancorp in Pittsburgh for $56.5 million.
August 30 -
A longtime advocate for African-American-owned financial institutions argues that regulators should be taking more forceful action to keep them alive.
August 30 -
Banks and regulators both deserve credit for how they have navigated the post-crisis period, but how regulators continue to implement rules and how banks continue to deal with this environment will determine if this is a turning point for finance or the prelude to another round of pain.
August 30 -
Banks need more specific guidance that clarifies requirements around vendor contracts, risk assessments, data management and other issues.
August 30 -
CapStar Financial Holdings in Nashville, Tenn., whose board includes a top Credit Suisse executive, has filed plans to raise up to $46 million in an initial public offering.
August 29 -
Former Mortgage Guaranty Insurance Co. Chairman and Chief Executive William Lacy Jr. died Sunday from respiratory failure. He was 71.
August 29 - North Carolina
Park Sterling in Charlotte, N.C., has negotiated an early termination of loss-share agreements with the Federal Deposit Insurance Corp. for about $15.5 million in assets.
August 29 -
Loyalty programs are likely the underpinning of the adoption of mobile payments, so banks need to make sure reward points are part of their digital offerings.
August 29 -
First NBCs annual report disclosed a full-year loss, lower capital levels and a spike in nonperforming loans, leaving outsiders to ponder how long it will take for the company to get back on track.
August 29








