Consumer banking
Consumer banking
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Social media proves more effective than phone calls or branch visits to spur buying of financial services products, a Gallup survey says. Some bankers remain skeptical.
July 29 -
ING Direct Canada CEO takes part in a "Daily Show" dig at U.S. banks.
July 29 -
Banks add expertise, services for trade finance boom.
July 29 -
This new generation of workers, clients and shareholders, LGBT or not, is going to demand equality.
July 29 -
Banks with $2 billion to $10 billion of assets ranked by three-year average return on equity. Our chart offers an in-depth look at the performance of mid-tiers nationwide, including key metrics like net income, efficiency ratio and tangible equity.
July 29 -
The hangover from real-estate owned properties on bank balance sheets was expected to last quite a while. But the problem has all but dissipated, thanks to heavy interest in the secondary market for REO and a fast rise in home prices.
July 29 -
Wells Fargo has temporarily stopped selling defaulted consumer debts to collections agencies. Its move follows a more drastic pullback by JPMorgan Chase and a regulatory crackdown on the collections industry.
July 28 -
LOUISVILLE, Ky. The Kentucky Economic Development Finance Authority granted preliminary approval for Park Community FCU to receive as much as $160,000 in tax incentives for building a new headquarters, where it plans to consolidate offices of 75 to 80 employees now scattered in three Louisville buildings.
July 28 -
HomeStreet in Seattle plans to buy two small Washington lenders for a total of $37.3 million.
July 26 -
Hudson Valley Holding (HVB) in Yonkers, N.Y., has hired a former chief credit officer at Merrill Lynch Bank USA.
July 26 -
First BanCorp (FBP) in San Juan, P,R., reported a large quarterly loss as it purged its nonperforming assets.
July 26 -
Tri-County Financial Corp. in Waldorf, Md., will change its name to Community Financial Corp.
July 26 -
Rival bankers who operate in Chicago have been giving their takes some sarcastic, others serious, yet others cautious about the competitive effect of MB Financial's deal to buy Taylor Capital.
July 26 -
Expense control is getting extra attention at several smaller banks this earnings season, though the reasons for the scrutiny vary depending on the institution.
July 26 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
July 26 -
Former small business owner George Noga shares Fiserv's research and philosophy about how community banks can better serve and profit from small business customers.
July 26 -
Synovus Financial (SNV) in Columbus, Ga., has redeemed its Troubled Asset Relief Program shares after raising cash in two stock offerings.
July 26 -
The Federal Deposit Insurance Corp. took seven enforcement actions and freed 13 banks from orders in June, according to a list of regulatory actions released Friday.
July 26 -
InsBank in Nashville, Tenn., has created a division that will focus on serving physicians.
July 26 -
State laws requiring money-transmitter licenses have raised the barriers to entry for startups trying to compete with banks and entrenched companies like PayPal. But by keeping out smaller, more nimble payments companies, state regulators could affect the banking industry's long-term innovation and growth.
July 26





