Consumer banking
Consumer banking
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Pennsylvania government agencies are not allowed to release someone's home address under the Right-to-Know Law without first making the person aware their address has been requested - thus giving them a chance to fight it, a state court ruled this week.
February 19 -
Banks' business models are even more vulnerable to a massive shake-up than industry behemoths like McDonalds and Coca-Cola. The industry will be redefined by technological change and shifting consumer preferences, as well as by regulations that limit the sector's adaptability.
February 19 -
Horizon Bancorp in Michigan City, Ind., has agreed to buy Peoples Bancorp in Auburn, Ind.
February 19 -
Freddie Mac will return $900 million to the Treasury Department next month, bringing total payments to nearly $21 billion above what it received in federal aid after the 2008 credit crisis.
February 19 -
Two weeks after U.S. bank remittances to Somalia dried up, regulators and lawmakers are making only slow progress at preventing a potential humanitarian crisis.
February 18 -
Five Star Credit Union in Dothan, Ala., has agreed to buy Farmers State Bank in Lumpkin, Ga.
February 18 -
Pay.gov, the federal government's web portal for collecting payments to federal agencies, is now offering PayPal and Dwolla as payment options.
February 18 -
Orrstown Bank in Pennsylvania has introduced two-way text messaging between customers and its service agents. It's the latest effort in the banking industry to make communication easier for mobile-first customers.
February 18 -
Several Korean-American banks are entering markets and businesses designed to target mainstream clients and other ethnic groups. Such moves are viewed as a way to improve the bottom line as revenue growth proves daunting.
February 18 -
Consumers Union launched a campaign Wednesday asking the largest telephone companies to offer customers free tools to block robocalls.
February 18 -
Decisions about when and how to implement EMV technology in credit and debit cards are difficult. Many banks have decided to slowly phase it in, despite the fact the delay will open them up to greater potential liability.
February 18 -
Foreclosures and delinquencies may seem like problems from the past, but servicers are still struggling with a massive backlog of distressed loans and a return to normalcy is at least two years away, if not longer.
February 18 -
New data reveals that mortgage delinquency rates have declined to 3.29% at the end of Q4 2014 among all age groups. This shift marks a 14% drop year-over-year from 3.84% in Q4 2013.
February 18 -
Encouraging the financial industry to explore faster payments is all well and good. Effectively directing it to do so, however, is beyond the Fed's authority.
February 18 -
First National Bank of Santa Fe in New Mexico has a new leader.
February 18 -
Auction.com, an online real estate marketplace, has named Gordon Smith its general manager of commercial real estate.
February 17 -
Riverview Financial in Halifax, Pa., has received state regulators' approval to buy Citizens National Bank of Meyersdale in Pennsylvania for $8 million in cash and stock.
February 17 -
First Defiance Financial, in Ohio, has revised upward its fourth-quarter earnings after lowering its provision for fourth-quarter income taxes.
February 17 -
U.S. Attorney General Eric Holder, who forced Wall Street's biggest banks to pay billions in fines for their roles in the subprime mortgage crisis, is pressing for action against executives at those firms, even as he prepares to leave his post.
February 17 -
MasterCard has launched a service designed to bolster wallet share of corporate clients with interests in Japan.
February 17




