Consumer banking
Consumer banking
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The husband and wife who lead Southern National Bancorp of Virginia (SONA) want to make one more acquisition before they try to sell their bank and retire.
March 15 -
Several bank stocks fell on Friday morning despite announcements in their capital plans, released Thursday night, that they would increase payout to shareholders.
March 15 -
JPMorgan Chase's Ryan McInerney has spent three years improving the bank's consumer operations, using a lot of travel and employee feedback - and occasionally giving branch managers a little liquid courage.
March 15 -
Wells Fargo CEO John Stumpf said banks are no longer "too big to fail," and admonished fellow bankers to accept the existence of the Consumer Financial Protection Bureau.
March 15 -
First Mariner Bancorp (FMAR) may not keep its name on a local arena but the Baltimore bank will continue to have a popular pitchman.
March 15 -
SPOKANE, Wash. Numerica CU plans to open two new branches by the end of next year, including one this year in the two-story former First National Bank Building downtown.
March 14 -
The Independent Community Bankers of America has elected its executive committee for the next year.
March 14 -
The Consumer Financial Protection Bureau proposed adding nonbank student loan servicers, which account for over 70% of the student loan market, to its supervision program.
March 14 -
While many bankers cite new regulations or the sluggish economy as their primary challenges, PNC's CEO-in-waiting said that an even bigger hurdle could be figuring out how to charge customers for products and services that banks currently give away for free.
March 14 -
Little Bank (LTLB) in Kinston, N.C., said Thursday that it had received regulatory approval to repurchase up to 56,485 shares, or 2% of outstanding shares.
March 14 -
Liberty Bank's deal for Southern Connecticut Bancorp could signal an M&A trend — mutual thrifts with lots of capital acquiring small, publicly traded banks.
March 14 -
CS Consulting found that banks that promote customer service generate higher investor returns over the long term.
March 14 -
The Federal Reserve Board has terminated a written agreement with Mountain West Financial (MTWF) in Helena, Mont.
March 14 -
How Town & Country Bank deployed mobile remote deposit capture to expand services to its rural business and retail customers.
March 14 -
U.S. Bank, the largest independent financer of car leases, increased its approval rate for lease transfers at the beginning of 2013.
March 14 -
Comptroller of the Currency Thomas Curry acknowledged Thursday that his office needs to better cater to community banks, including improving their communication with local examiners.
March 14 -
A group of about 50 to 60 protestors interrupted a speech by Wells Fargo (WFC) Chief Executive Officer John Stumpf on Thursday at a banking conference, taking over the stage with chants and complaints about home foreclosures.
March 14 -
PremierWest Bancorp (PRWT) in Medford, Ore., has granted itself more time to persuade shareholders to approve a takeover by Starbuck Bancshares.
March 14 -
U.S. banks are expected to unload up to $2 trillion in mortgage servicing rights. Behind the sell-off are tough new Basel III capital requirements and the past failures in servicing troubled loans that has brought unwanted scrutiny. Picking up the slack are nonbanks like Nationstar (NSM), Ocwen Financial (OCN) and Walter Investment (WAC), all of which have been aggressively snapping up banks' servicing portfolios. Watch out, too, for Penny Mac, which plans to use the proceeds from its planned public offering to fund servicing acquisitions.
March 14 -
The anger against the country's biggest banks is ready to boil over, Harris Simmons, the chairman and chief executive of Zions Bancorp., warned Wednesday.
March 14




