Consumer banking
Consumer banking
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Glacier Bancorp in Kalispell, Mont., has named a CIT Bank executive as the likely successor to Chief Executive Mick Blodnick.
June 22 -
Live Oak Bancshares in Wilmington, N.C., has filed registration documents for an initial public offering, with plans to raise up to $86.3 million.
June 22 -
ACNB in Gettysburg, Pa., has promoted James Helt to president of its bank unit.
June 22 -
A House Financial Services subcommittee will hold a hearing Thursday on employee allegations of discrimination and retaliation at the Consumer Financial Protection Bureau.
June 22 -
Community banks get almost half of their service charges from overdraft fees. That could become problematic as regulators continue to look into the issue.
June 22 -
Dickinson Financial in Kansas City, Mo., has consolidated several of its banks charters to cut costs and improve marketing to military members.
June 22 -
CoBiz Financial in Denver plans to issue up subordinated debt to redeem its shares in the Small Business Lending Fund.
June 22 -
The regulatory path may also be bumpier for P-to-P lenders that focus on subprime borrowers, predicts Raj Date, a former second-in-command at the Consumer Financial Protection Bureau.
June 22 -
Royal Financial in Chicago has agreed to sell $29.1 million in distressed assets, a deal mandated by a bankruptcy judge as part of the company's acquisition of PNA Bank.
June 22 -
Fewer consumers today believe it's difficult to get a mortgage than a year ago. However, the majority of survey respondents still think the origination process is too tough and that there are too few homes on the market.
June 22 -
Atlantic Coast Financial in Jacksonville, Fla., is in talks to restructure its debt and has reversed the valuation allowance on a deferred tax asset.
June 22 -
Access National in Reston, Va., said Chairman James "Ted" Jadlos resigned to focus on a mortgage-related business.
June 22 -
A national publication on Monday published an article with strategies for consumers dealing with debt collectors. Collections & Credit Risk encourages readers to tell us what you think of the story as well as the mainstream media's recent overall portrayal of the collection industry.
June 22 -
A judge ordered a Michigan hospital to pay more than $2.7 million as a result of a lawsuit involving plaintiffs who loaned the hospital money.
June 22 -
Apple realizes that retailers are uniquely well-positioned to encourage mobile payments adoption. That's why the company's decision to start accepting retailer loyalty cards on Apple Pay before launching a loyalty program of its own makes good sense.
June 22 -
A lawsuit filed by Indianas attorney general accuses a test preparation company of deceptive practices. Unlike a separate New York lawsuit filed against the firm this month, the complaint does not name an affiliate collection agency.
June 22 -
John Poelker recently stepped down from CertusHoldings in Greenville, S.C., but in less than a year on the job he broke up a $1.7 billion-asset company that had lost roughly $170 million from 2012 to 2014 amid investor claims of mismanagement and excessive spending by his predecessors. Here's a look at how he did it.
June 22 -
Citizens Financial Group in Providence, R.I., has named two new state presidents for Citizens Bank in Connecticut and Massachusetts.
June 22 -
Determining regulatory requirements based on banks activities rather than their size would liberate old-school institutions from unnecessary burdens without endangering the financial system.
June 22 -
Bear State Financial in Little Rock, Ark., has agreed to buy Metropolitan National Bank in Springfield, Mo.
June 22





