Consumer banking
Consumer banking
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Investors Bancorp (ISBC) in Short Hills, N.J., and Roma Financial (ROMA) in Robbinsville, N.J., have extended the deadline for their merger while they wait for regulatory approval.
September 27 -
Two Ohio tax service store managers have been indicted on federal fraud charges related to tax returns they prepared in 2011. The tax and loan scheme cost the government more than $250,000.
September 27 -
A federal court has halted a scheme involving a non-existent money-lending service that allegedly conned more than $6 million from U.S. and Canadian consumers.
September 27 -
Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., didn't have to look far to find its permanent chief financial officer.
September 26 -
The Consumer Financial Protection Bureau on Thursday denied an appeal made by several Native American tribal lenders who were seeking to block a civil investigation into their online payday lending practices.
September 26 -
The Federal Housing Administration is facing a bailout for the first time in its almost 80-year history, raising a host of fresh questions about the potential for standalone legislation to the reform the agency.
September 26 -
One PacificCoast Bancorp (OPCB) in Oakland, Calif., has received regulatory approval to acquire a controlling stake in Albina Community Bancorp (ACBC) in Portland, Ore.
September 26 -
The Federal Reserve Board has ordered SunSouth Bancshares of Dothan, Ala., to strengthen its board.
September 26 -
State and federal officials are tightening the screws on online suppliers of payday and installment loans. The question for many such lenders and the banks that handle their transactions is whether the government is out to eliminate fraud or to wipe out the industry. American Banker staffers discuss.
September 26 -
A host of regulatory issues, including new mortgage rules set to take effect in January, assures that Andy Harmening has a busy year ahead of him as the new chairman of the Consumer Bankers Association.
September 26 -
Eleven defendants, including five licensed loan originators, have been indicted for a mortgage fraud scheme that cost lenders $8 million.
September 26 -
The number of foreclosures and "seriously delinquent" loans fell to their lowest levels since the financial crisis started while 90.6% of mortgage portfolios continued to perform well. Still, the number of loans past due by less than 60 days jumped slightly.
September 26 -
A bogus Florida bank is swindling consumers across the country with a fraudulent credit card scheme, according to the Office of the Comptroller of the Currency.
September 26 -
Interest rates on credit cards are falling as Americans keep deleveraging and banks tighten consumer credit standards.
September 26 -
The Museum of American Finance on Wednesday opened its exhibit "The Fed at 100." It features artifacts and photographs that highlight the history, culture and social impact of the central bank, including this image of a New York Fed employee updating trading data on a giant chalkboard.
September 26 -
The problem isnt evil prepaid companies and employers, but, rather, a lack of awareness and education about the products and options that are available.
September 26 -
Sen. Elizabeth Warren hinted at her views on GSE reform briefly Thursday, though it's still unclear whether she will support a bill introduced this summer by Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va.
September 26 -
Meta Financial Group (CASH) in Sioux Falls, S.D., has reshuffled its management with four new executive appointments, including the promotion of Brad Hanson to president.
September 26 -
First Clover Leaf Financial (FCLF) in Edwardsville, Ill., has hired David Kuhl as the president and chief executive for its bank.
September 26 -
SecondMarket, which runs an online marketplace for illiquid assets such as closely held community bank shares, has created a private investment vehicle to invest in bitcoins, the decentralized virtual currency.
September 25




