Consumer banking
Consumer banking
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Big banks and institutional lenders approved small-business loans at record rates in May, according to data from Biz2Credit.
June 10 -
New Buffalo Savings Bank in Michigan has filed plans to convert from a mutual thrift to a stock-owned institution.
June 10 -
Bank of America will close drive-up teller windows at a dozen branches in Nashville and reduce in-store hours at an additional group of branches, The Tennessean reported.
June 10 -
Young Americans Bank, a niche institution in Denver focused on children, has a mission to create good future banking customers, but CEO Richard Martinez says kids today are cautious about credit after watching their parents struggle through the downturn.
June 10 -
With the onset of the new integrated disclosures rule, mortgage lenders owe it to their companies to make sure that operations folks have the chance to get out to events and workshops that will keep them informed and updated on new industry requirements.
June 10 -
City National in Los Angeles, which is being acquired by Royal Bank of Canada, has hired three wealth advisers for its New York office.
June 10 -
CommonBond, a marketplace lender specializing in private student loans, announced its first securitization Wednesday.
June 10 -
Community banks are facing tough choices when it comes to using outsourced labor or beefing up their own staff to handle risk-management tasks.
June 10 -
The Wisconsin Economic Development Corp., the states top jobs agency, has written off $7.6 million in taxpayer-funded loans in the four years since it was created.
June 10 -
A California mortgage bank, Guarantee Mortgage Corp., must pay a civil penalty of $228,000 for paying its branch managers based, in part, on the interest rates of the loans they closed.
June 10 -
Bank Technology News has chosen five bankers to be our 2015 Digital Bankers of the Year. Theyre creating apps and sites that are engaging, relevant and personalized.
June 9 -
Citi was one of the first banks to open its application programming interfaces to outside developers, leading a movement that's picking up momentum. For this and other efforts, Bank Technology News has chosen Heather Cox as its top 2015 Digital Banker of the Year.
June 9 -
The California Reinvestment Coalition has called for a federal investigation into the foreclosure policies of OneWest Bank in minority neighborhoods.
June 9 -
The FTC has provided its Annual Financial Acts Enforcement Report to the CFPB on enforcement and related activities regarding key industry regulations.
June 9 -
The warehouse retail chain's partnerships with LendingClub and SmartBiz illustrate how bank branches are becoming less relevant in the lives of small-business owners.
June 9 -
HomeStreet in Seattle has hired Melba Bartels as chief financial officer, filling a position that has been vacant since March 2012.
June 9 -
HSBC executives have suggested for months that big changes were coming to its U.S. unit, but the overhaul was less drastic than some had called for. The parent company's CEO defended the decision as necessary to preserve key funding sources and client relationships.
June 9 -
The company, once in the crosshairs of a community group for how it complied with the Community Reinvestment Act, is aiming to raise $200 million with other banks for a fund that will work with local leaders to identify the best way to invest in low-income and underserved neighborhoods.
June 9 -
Piper Jaffray has hired several more executives from Sterne Agee Group, as it expands its financial institutions group.
June 9 -
Evangelical Franklin Graham will move his ministries' funds to BB&T, in protest of a Wells Fargo ad that featured a lesbian couple, the Charlotte Observer reported.
June 9



