Consumer banking
Consumer banking
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As other banks grapple with the issue of branching, Seacoast Banking Corp. of Florida is letting its creativity run loose. The Stuart company has opened five offices in the last three months, called "fuel cells," to focus on small businesses. The aim is to foster more collaboration between commercial clients and Seacoast employees.
July 1 -
GECU and the local Kinley's House Coffee & Teas are introducing a new concept-combining a credit union branch with a cafe.
July 1 -
Goldman Sachs, one of the owners of a newly designated minority bank, has a history of discriminatory behavior.
July 1 -
A South Dakota man pleaded guilty Wednesday to one count of mail fraud for using the mail to steal more than $106,000 from his employer, AAA Collection Co., between 2009 and 2011.
July 1 -
U.S. Bancorp will repay customers $3.2 million to resolve Consumer Financial Protection Bureau claims that it misled military-service members who took part in an auto lending program.
July 1 -
Mounting medical bills are expected to push 1.7 million U.S. households into bankruptcy this year - making health expenses the largest cause of such filings.
July 1 -
Big banks, including Citi and U.S. Bank, are developing a system to make mobile wallets more secure by walling off customer data from merchants and other third parties.
June 30 -
CHICAGO First Northern CU will be expanding into a former Bank of America location in Evanston.
June 30 -
LOUISVILLE, Ky. Class Act FCU has acquired and is renovating a former branch of Fifth Third Bank, which will be the credit unions fifth service facility.
June 30 -
A consortium of Mexican investors led by former Banco Popular executive Roberto Herencia has completed its recapitalization of Metropolitan Bank Group in Chicago, Crain's Chicago Business reported.
June 28 -
FNB United in Asheboro, N.C., announced Friday that its planned name change to CommunityOne Bancorp will take effect Monday.
June 28 -
The Charlotte bank said Friday that the job cuts, which were first reported by the Charlotte Observer, came from various businesses and occurred as part of a streamlining.
June 28 -
Capital One's new Quicksilver card is the latest example of a company offering generous rewards in an effort to win over more affluent consumers.
June 28 -
Mary Lynn Lenz, who recently became CEO of Foothills Bank, was involved with the 2010 sale of Professional Business Bank in California.
June 28 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
June 28 -
A veteran banking regulator has been promoted to become the commissioner of Georgias Department of Banking and Finance.
June 28 -
Sussex Bancorp in Franklin Lakes, N.J., plans to sell up to $7.2 million in common stock, offering 1.2 million shares to current shareholders at a price of $6 per share.
June 28 -
Despite a drop in truth in lending lawsuits, industry executives fear that new regulations and the emergence of the Consumer Financial Protection Bureau could prompt a revival in disclosure-related lawsuits.
June 28 -
The Federal Deposit Insurance Corp. in May issued enforcement orders against eight banks and freed 14 others from prior orders as part of a series of actions released Friday.
June 28 -
A former bishop of a Mormon church in Connecticut was sentenced to nearly four years in federal prison for running a fraud scheme that roped in a participant in the Troubled Asset Relief Program.
June 28


