Consumer banking
Consumer banking
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Community & Southern Holdings in Atlanta used private equity to buy 14 banks over six years. The time had come to become a seller and give those investors an opportunity to eventually cash out.
October 21 -
Dime Community Bancshares in Brooklyn, N.Y., said that Kenneth Mahon will succeed Michael Devine as its president on Jan. 1.
October 21 -
The head of the Consumer Financial Protection Bureau warned software vendors that they face new scrutiny from regulators for causing mortgage lenders to miss the TRID-compliance deadline. He was vague about how far the CFPB might go, but many in the industry are prone to fear the worst.
October 21 -
Washington Federal in Seattle reported higher profit in its fiscal fourth quarter, citing a record level of commercial loan originations.
October 21 -
The Georgia company is ready to return to buying banks, but it isnt looking for a game changer. Rather, management wants to ease into consolidation by acquiring a smaller institution.
October 21 -
First Partners Bank in Birmingham, Ala., and Highlands Bancorp in Vernon, N.J., have both issued subordinated debt, as part of their plans to exit the Small Business Lending Fund program.
October 21 -
The ACLU filed a federal lawsuit Wednesday accusing Biloxi, Mississippi officials of jailing people if they did not pay their court fees and fines.
October 21 -
Both forecasts call for growth in home purchase volume over the next few years, but the decline in refinance originations will be so steep that overall origination volume will decrease.
October 21 -
Regal Bank in Livingston, N.J., isnt letting its privately held status deter it from pursuing acquisitions.
October 21 -
In Minnesota, Anoka-Hennepin School District officials plan to hire a collection agency to pursue approximately $160,000 in unpaid breakfast and lunch money.
October 21 -
So many banks are running systems that were implemented before 1984, the year Mark Zuckerberg was born. Theyre going to be dead meat in the age of real-time connectivity in the near-free world of todays mobile Internet.
October 21 -
NerdWallet said former Citigroup banker Simon Williams is joining the consumer finance startup advised by Vikram Pandit, swelling the ranks of senior financiers helping the company.
October 21 -
Democratic presidential candidate Sen. Bernie Sanders is backing a plan to allow the U.S. Postal Service to provide banking services.
October 21 -
Profits fell at New York Community Bancorp in Westbury, N.Y., as it continued to manage its balance sheet to stay below a key regulatory threshold.
October 21 -
NARCA held elections for secretary, treasurer and board of directors at the NARCA 2015 Fall Collection Conference in Washington, D.C. While the secretary and treasurer positions were uncontested, ten NARCA members ran for six board seats.
October 21 -
Southern BancShares in Mount Olive, N.C., has agreed to buy Heritage Bankshares in Norfolk, Va.
October 21 -
UniRush's transition to a new processor caused major service interruptions for users of its popular RushCard prepaid products.
October 21 -
Regulatory action is needed to weed out patently unfair fee structures, but as an industry we should and can do better on our own.
October 21 -
While Diebold and Wincor Nixdorf may soon merge to form the world's largest ATM company, NCR is working harder than ever to set itself apart in the rapidly changing ATM/self-service payment market.
October 21 -
Renasant in Tupelo, Miss., has agreed to buy KeyWorth Bank in Johns Creek, Ga.
October 20




