Consumer banking
Consumer banking
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Prosperity Bancshares (PB) in Houston reported a 20% boost in profit after announcing two deals in the third quarter.
October 23 -
Flagstar Bancorp (FBC) in Troy, Mich., recorded its fifth consecutive quarter of profitability and met Wall Street's earnings forecasts despite a drop in income from the sales of loans.
October 23 -
Weakening mortgage banking activity took a bite out of New York Community Bancorp's (NYCB) earnings in the third quarter.
October 23 -
Comptroller Thomas Currys 'heightened expectations' for large banks should include whether our communities are substantially better off as a result of their presence.
October 23 -
Fulton Financial (FULT) in Lancaster, Pa., saw reduced revenue from mortgage sales and service charges in the third quarter, but improvements in credit quality partially offset those declines.
October 22 - Missouri
UMB Financial Corp. (UMBF) in Kansas City, Mo., posted its 14th consecutive quarter of loan growth for the period ending Sept. 30.
October 22 -
A Treasury Department fund meant to boost loans to small businesses has spurred more than $10 billion in additional lending, the agency said Tuesday.
October 22 -
The CFPB has launched a review of the store-branded card deals that offer 0% interest during an introductory period, but then reset to a much higher rate if the balance is not paid in full by a specific date.
October 22 -
Diebold Inc., a maker of ATMs and bank security systems, agreed to pay more than $48 million to settle allegations by the U.S. that it bribed officials in Russia, China and Indonesia.
October 22 -
Poage Bankshares (PBSK), in Ashland, Ky., has agreed to acquire its crosstown rival, Town Square Financial, for $14.7 million.
October 22 -
Bankers are devoting more attention than ever to regulatory compliance and cost-cutting, but they need to be careful not to let service suffer in the process, a panel of CEOs said Tuesday.
October 22 -
Analysts hammered Regions and Synovus for a rising cost base amid weak economic conditions, while Signature Bank in New York was given a pass since its revenues are growing faster than its expenses.
October 22 -
WASHINGTON Financial regulators said Tuesday that lenders who only make so-called qualified mortgages should not be concerned about inadvertently triggering a fair-lending violation.
October 22 -
National Bank Holdings (NBHC) in Greenwood Village, Colo., has formed a division to specialize in government and nonprofit clients.
October 22 -
Severn Bancorp (SVBI) in Annapolis, Md., swung to large quarterly loss as it worked to restructure its balance sheet by selling off bad loans.
October 22 -
Great Southern Bancorp (GSBC) in Springfield, Mo., beat analysts' estimates in the third quarter by reducing expenses and improving credit quality.
October 22 -
FirstMerit Corp. (FMER) in Akron, Ohio, earned $40.7 million in the third quarter, up 16% from the same period a year ago, due largely to its recent acquisition of Citizens Republic Bancorp in Flint, Mich.
October 22 -
Foundations Bank in Pewaukee, Wis., has made it official with interim leader John Hazod.
October 22 -
The two cities join New York, L.A. and other cities in trying to force the banks that hold municipal deposits to make more loans in low-income neighborhoods. Some industry officials oppose them, while others welcome them.
October 22 -
Efforts to revive the private-label mortgage-backed securities market were dealt a blow Tuesday when Shellpoint Partners, the firm backed by the mortgage-bond pioneer Lewis Ranieri, said it would withdraw a proposed securitization and instead sell its jumbo loans to the highest bidder.
October 22



