Consumer banking
Consumer banking
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The $269 million-asset bank has named Russ Weyers as its president and chief executive, according to the Milwaukee Business Journal.
January 16 -
PrivateBancorp in Chicago reported higher quarterly profit as strong loan growth offset lower yields.
January 16 -
Bank of the Ozarks in Little Rock, Ark., reported a higher profit in the fourth quarter behind record net interest income.
January 16 -
Mortgages for Gulf War veterans have more than tripled since 2008, which along with a spirited outreach program and the post-crisis credit squeeze, has helped fuel a steady increase in Department of Veterans Affairs lending.
January 16 -
The ATM is one of the oldest self-service technologies in banking, and mobile is one of the newest. But surprisingly, this odd couple of technologies has a lot of synergy.
January 16 -
VantageScore Solutions LLC announced Thursday that the results of a consumer survey found Millennials remain cautious about key life events years after the recession.
January 16 -
In a record Federal Trade Commission settlement involving payday lenders, two companies will pay $21 million to resolve charges that they violated the law by charging consumers undisclosed and inflated fees.
January 16 -
The former head of the bankrupt Mt. Gox Co. bitcoin exchange was originally believed by U.S. investigators to be the secret mastermind behind the Silk Road online drug marketplace, an agent who infiltrated the website told jurors at the trial of the man prosecutors now accuse of running it.
January 16 -
The Washington State Department of Financial Institutions (DFI) Consumer Services Division announced this week that it has fined illegal payday lenders more than $280,000 in fines since 2013.
January 16 - Pennsylvania
PNC Financial Services Group in Pittsburgh reported flat earnings from a year earlier due to a slight drop in revenue and marginally higher costs.
January 16 -
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 from our social media platforms and sister publications.
January 16 -
First Sound Bank in Seattle has agreed to buy Eastside Commercial Bank in Bellevue, Wash.
January 16 -
Home Financial Bancorp in Spencer, Ind., has hired a consulting firm after the unexpected death of its chief financial officer.
January 16 -
SVB Financial in Santa Clara, Calif., has agreed to sell a specialty finance business in India at a net loss.
January 16 - Georgia
SunTrust Banks in Atlanta reported lower fourth-quarter profits as legal costs related to mortgages offset an increase in loans and deposits.
January 16 -
Home BancShares in Conway, Ark., swallowed $1.7 million of merger-integration costs in the fourth quarter, capping a year of investment in its expansion.
January 15 -
Profits at People's United Financial in Bridgeport, Conn., edged up in the fourth quarter thanks to fee income and loan growth.
January 15 -
Citigroup plans to shed 60 branches as part of its ongoing restructuring, a number of which are said to be in California. It shopped some of the California branches last year, and it may again try to sell some of them.
January 15 -
The president's job at Northwest Indiana Bancorp of Munster, Ind., has been passed on to a fourth generation of Bochnowski. The company said Benjamin Bochnowski, who remains the company's chief operating officer, will have the same posts at its bank.
January 15 -
Wintrust Financial in Rosemont, Ill., reported higher quarterly earnings on increased revenue, with fourth-quarter profit rose 8% from a year earlier, to $38.13 million.
January 15




