Consumer banking
Consumer banking
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First Commonwealth Financial in Indiana, Pa., has acquired Thompson/McLay Insurance Associates.
October 10 -
Complete Financial Solutions in Spokane, Wash., has agreed to buy Northern Star Financial in Mankato, Minn.
October 10 -
The head of Key's charitable foundation is lauded at American Banker's Most Powerful Women in Banking Gala for her role in improving educational opportunities for low-income and minority students in Cleveland.
October 10 -
Kyle Waters and Andy Bower announced the creation of Loan Evaluation Services this week. The firm will provide independent loan portfolio reviews for community and regional banks that are planning to make acquisitions or have a need for third-party loan portfolio reviews.
October 9 -
Independent originators could be shut out from offering this product as there is no secondary market.
October 9 -
The Federal Reserve Board has published an 11-page guide for banks looking to acquire large rivals.
October 9 -
Smaller institutions are likely to report stable net interest margins, even as competition for the best credits remains fierce. Loan volume could suffer from a seasonal slowdown, while investors would be keen to track commentary on loan structure.
October 9 -
A Citigroup subsidiary has agreed to refund nearly $16 million to 31,234 customers who were said to have been charged higher investment advisory fees than promised.
October 9 -
DBA International announced Wednesday it is accepting applications from collection law firms and third-party collection agencies that wish to earn the association's professional certification designation.
October 9 -
Nearly 800,000 Home Equity Lines of Credit were originated nationwide in a recent 12-month period, the highest mark since the 12 months ending June 2009, according to a new report.
October 9 -
Wells Fargo will pay up to $5 million to resolve allegations it discriminated against mothers on maternity leave, the largest settlement of such claims ever reached by the Department of Housing and Urban Development.
October 9 -
Pennsylvania-based collection agency Commonwealth Financial Systems Inc. owes more than $2 million to the state's Department of Revenue.
October 9 -
Community West Bancshares in Goleta, Calif., is continuing to find ways to buy back stock it issued through the Troubled Asset Relief Program.
October 9 -
Bankers should temper their criticism of new regulations with some support for reform, lest the American public think the industry has failed to heed the lessons of the financial crisis.
October 9 -
Veritex Holdings in Dallas could sell up to $40.4 million of its common stock as part of its initial public offering.
October 9 -
NewBridge Bancorp in Greensboro, N.C., has agreed to buy Premier Commercial Bank in Greensboro.
October 9 -
UBS AG is tightening its rules on how employees can trade securities for personal accounts, telling staffers it wants to prevent potential abuses.
October 9 -
Heritage Commerce in San Jose, Calif., has agreed to buy the parent company of factoring firm Bay View Funding in Santa Clara, Calif.
October 9 -
WASHINGTON The Consumer Financial Protection Bureau is raising questions about the policies and data banks use to vet consumers before allowing them to open a checking account.
October 9 -
Banks have ceded market share to business-development companies, hedge funds and others when it comes to loans to midsize companies. Unless banks strengthen cross-selling techniques and embrace technology soon, then competition, Basel III and other forces will eat into their profits.
October 8




