Consumer banking
Consumer banking
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Heritage Oaks Bancorp (HEOP) in Paso Robles, Calif., has agreed to buy Mission Community Bancorp (MISN) in San Luis Obispo, Calif.
October 22 -
Third-quarter earnings at Zions (ZION) more than tripled from a year earlier after the company bought back a series of preferred stock.
October 21 -
Favorable trends in its flagship credit card business helped Discover Financial Services (DFS) post solid results in the third quarter.
October 21 -
John Marshall Bank in Reston, Va., plans to sell up to $30 million worth of common stock.
October 21 -
In a 113-page brief filed with the U.S. Court of Appeals, the Fed argued it had followed congressional intent in drafting the provision required under the Dodd-Frank Act, which mandated that the central bank establish how much banks can charge merchants in interchange fees for debit cards.
October 21 -
Pacific National Bank in Miami has found a buyer.
October 21 -
The cost to originate a home loan is skyrocketing as lenders try to comply with stricter rules to catch problem loans. Technology would better automate the loan process, but can small lenders justify the investment?
October 21 -
Northwest Bancshares (NWBI) in Warren, Pa., reported a 12% rise in quarterly earnings as its asset quality improved and its costs fell.
October 21 -
Bankers must resist the urge to obsess over the hassles of QM and other new rules, says Jeff Plagge, the new chairman of the American Bankers Association and CEO of Northwest Financial in Iowa. Doing so distracts them from adequately serving customers and contributing to economic growth, he says.
October 21 -
CFPB director Richard Cordray told attendees at the American Bankers Association's annual conference that the bureau will be flexible with banks that make "good faith" efforts to comply by January.
October 21 -
Arrow Financial (AROW) in Glens Falls, N.Y., attributed a dip in third-quarter profits to the continued low interest rate environment.
October 21 -
First Niagara Financial Group (FNFG) in Buffalo, N.Y., has promoted executive John Golding to senior director of small-business banking.
October 21 -
Seacoast Banking Corp. of Florida (SBCF) is shifting to a more heavily stock-based payment structure for its directors.
October 21 -
Massachusetts homeowners facing foreclosure can expect improved protections under regulations filed by the state's Division of Banks that prevent national and state lenders from foreclosing on a property if an application for a loan modification is in process.
October 21 -
The person-to-person payments market is heating up and has banks going head-to-head with a pack of crafty upstarts. At stake is a service that, after numerous false starts, may be on the verge of replacing cash for a wide range of transactions.
October 21 -
Its almost impossible to disclose the exact amount of third-party fees that will be charged for delivering money when those third parties may include a village council or military authority.
October 21 -
A U.S. housing regulator is seeking at least $6 billion from Bank of America Corp. to settle civil claims the firm sold faulty mortgage bonds to government-backed finance companies Fannie Mae and Freddie Mac, according to a person with direct knowledge of the discussions.
October 21 -
Metro Bancorp in Harrisburg, Pa., beat quarterly earnings estimates as its loan book posted strong growth.
October 21 -
Customers want to bank in the most convenient way for them. Banks dont need to close their branches necessarily, but they certainly must transform them to address this fundamental shift in behavior.
October 21 -
JPMorgan Chase's record $13 billion settlement has significant implications for the financial industry, but they may not be what casual observers expect. Following is a guide to the key takeaways from the deal.
October 20




