Consumer banking
Consumer banking
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Columbia University's Rare Book & Manuscript Library is now the keeper of ledgers, meetings minutes and correspondence covering the years in which The Clearing House Association helped steer the country's banking system through financial turmoil.
September 26 -
The U.K. Financial Conduct Authority isn't planning individual fines on foreign-exchange traders as the regulator nears settlements with the banks they work for, said two people with knowledge of the discussions.
September 26 -
Apple has a high-profile name and knack for revolutionizing the markets in which it operates. But consumer confusion over a myriad of mobile payment options and technologies may be a stumbling block for Apple Pay.
September 26 -
More community banks are looking to outsource their mortgage operations to reduce the regulatory burden, but structuring such deals and determining proper compensation can be tricky. Here's how two Chicago-area lenders solved the problem.
September 26 -
The National Association of Retail Collection Attorneys has responded to the Consumer Financial Protection Bureau's proposal to make consumer narratives public.
September 26 -
Hudson City Bancorp in Paramus, N.J., has sold $112.1 million in delinquent, FHA-backed mortgages.
September 26 -
Bank of America's recent mortgage settlement with the DOJ includes a number of striking admissions about its underwriting and origination process in the run-up to the financial crisis. These facts may provide banks and correspondent lenders facing buyback demands with a fresh line of defense.
September 26 -
LANSING, Mich. Lake Trust Credit Union is set to relocate its headquarters to Brighton, Mich., about 45 miles to the east, but it's the CU's planned new corporate facilities that some observers say could have lasting implications on how other credit unions design their management offices.
September 26 -
WICHITA, Kan. At Meritrust CU here, the two branches overseen by Sara Carver are something of a study in contrasts.
September 26 -
CLAMONT, Del. Transforming one location of Eagle One FCU here has transformed branch traffic as well.
September 26 - California
First Republic Bank in San Francisco expects its four-quarter average assets to reach $50 billion late next year.
September 26 -
BNC Bancorp in High Point, N.C., is planning to issue $60 million in subordinated notes to pay off a loan from another bank.
September 26 -
First Busey in Champaign, Ill., has agreed to buy Herget Financial in Pekin, Ill.
September 26 -
Credit cards and installment loans that are sold to active-duty military members would be subject to a series of consumer protections under the new Defense Department proposal. High-cost lenders easily evaded the earlier rules, which applied more narrowly.
September 26 -
The regulator of Fannie Mae and Freddie Mac should require banks and mortgage lenders to obtain independent, third-party tests to ensure compliance with its guidelines, according to a government watchdog report.
September 26 -
PayPal is going slow when it comes to Bitcoin, limiting its current focus to emerging channels and relying on partnerships with virtual-currency processors in North America.
September 26 -
Putnam County Savings Bank in Brewster, N.Y., has agreed to buy CMS Bancorp in White Plains, N.Y.
September 25 -
The $820 billion-asset company disclosed in a regulatory filing Clifton Painter retired as its chief operating officer and chief credit officer on Sept. 22. Painter agreed to remain a consultant for the next two years.
September 25 -
AmeriServ Financial in Johnstown, Pa., will take several charges in coming quarters, including one tied to litigation and client loss in its investment advisory business.
September 25 -
New York Gov. Andrew Cuomo has signed into law a measure that allows financial institutions to offer raffle-style programs to encourage saving.
September 25


