Consumer banking
Consumer banking
-
State Bank Financial in Atlanta has acquired Patriot Capital, a provider of equipment financing to gas stations and commercial petroleum users.
October 23 -
Consumer Financial Protection Bureau Director Richard Cordray issued a public rebuke of RushCard on Friday, warning that it must rapidly fix technical glitches that have left customers locked out of their accounts.
October 23 -
Community organizations and the banking industry are advancing dueling visions for how to reach the unbanked, with community groups asking regulators to strengthen existing rules while community banks want to lighten their regulatory burden so they can extend their services.
October 23 -
The third quarter showed the kind of solid results Citizens Financial hopes to achieve as a public company split off from Royal Bank of Scotland, but much work remains for Chief Executive Bruce Van Saun. He spoke with American Banker about what went right this quarter and how he's working to change the company's culture.
October 23 -
Prosperity has built itself into one of Texas' largest banks over the past decade and now it's beginning to reap the benefits that come with scale.
October 23 -
Astoria Financial, a New York City- area thrift under pressure from activist investor Basswood Capital Management to boost the share price, is exploring a sale, according to people familiar with the matter.
October 23 -
Xpress Money is offering up its own slate of self-service kiosks, the 16-year-old global money transfer has announced.
October 23 -
The degree of success Starling Bank achieves could foreshadow how similar digital banking entrants in the United States might perform given a narrower product selection, a commitment to mobile, and a focus on collecting and analyzing data.
October 23 -
Old National is taking advantage of low interest rates by buying more than a dozen branches in solid real estate markets. An expected accounting rule change could encourage more banks to do the same.
October 23 -
The Bancorp in Wilmington, Del., has agreed to sell most of its health-savings account portfolio to HealthEquity in Draper, Utah.
October 23 -
Anchor Bancorp in Lacey, Wash., could eventually sell itself after reaching a truce with an activist investor.
October 23 -
Level One Bancorp in Farmington Hills, Mich., has agreed to buy Bank of Michigan in Farmington Hills. Level One said it will pay $17 a share in cash for the $110 million-asset Bank of Michigan. The deal is expected to close in the first quarter.
October 23 -
Heartland Financial USA is Dubuque, Iowa, has agreed to buy CIC Bancshares in Denver.
October 23 -
With the EMV liability shift having just passed, banks and merchants alike are scrambling to comply with the card network-imposed deadline.
October 23 -
Hancock Holding in Gulfport, Miss., reported a lower third-quarter profit, citing a decline in net interest income and higher expenses.
October 23 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
October 23 -
City National in Los Angeles reported a 3% increase in third-quarter profit, driven by double-digit loan growth.
October 22 -
Iberiabank in Lafayette, La., reported higher third-quarter earnings on loan growth and because of an acquisition.
October 22 -
Capital One Financial in McLean, Va., rode growth in its flagship U.S. credit card business to stronger third-quarter earnings.
October 22 -
An early start, group meetings, one-on-one meetings, lunch in front of a computer screen, a ribbon-cutting for a new branch, it's all in a day's work for LeeAnne Linderman, the executive vice president of retail banking for Zions Bancorp and one of our Women to Watch. But the indefatigable Linderman still makes time for the United Way, the American Heart Association and her husband. "A Day in the Life" was our theme for the Most Powerful Women in Banking program this year.
October 22




