Consumer banking
Consumer banking
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The Federal Deposit Insurance Corp. chairman gave an update on the agency's community bank work and said the agency is on target to reach a statutory minimum for insurance reserves.
March 13 -
Bank of Hawaii (BOH) has agreed to delay its exit from American Samoa for one year to give the territory time to recruit another bank.
March 13 -
Speaking at an industry conference, the Huntington CEO says banks can't use the low-rate environment, the slow economic recovery or the costs of regulation as excuses to cut corners and shortchange customers. "We have to set a higher standard."
March 13 -
Bankers at the trade group's annual conference want to focus on momentum, although many acknowledge lingering doubt about the future.
March 13 -
First Bancorp in Troy, N.C., has applied for regulatory approval to move its headquarters to Southern Pines, N.C.
March 13 -
Empowering the unbanked to save and invest in themselves and others, through technology as simple as text- or Tweet-to-pay, will create opportunities to get people out of poverty.
March 13 -
Community Bank of Tri-County in Waldorf, Md., has named a new chief risk officer.
March 13 -
Bank holding companies saw a dip in wealth management income in the first three quarters of 2012, a new study says.
March 13 -
Over 40 million Americans are under- or un-banked. Operation HOPE Chief Executive John Hope Bryant discusses how banks can make customers out of this under-served market and do well by doing good in the process.
March 13 -
ST Financial Group in College Station, Texas, plans to buy a small bank near Dallas. The parent company of Spirit of Texas Bank has agreed to purchase Peoples Bank in Colleyville, which has $72 million in assets and two branches.
March 13 -
Bank of Astoria in Oregon plans to convert all of its branches to the Columbia Bank brand, nine years after the two lenders merged.
March 13 -
Focus Business Bank in San Jose, Calif., has hired a leader for its business banking team. Robert Gionfriddo has joined the $213 million-asset bank as its chief business banking officer, Focus said Tuesday.
March 13 -
Astoria Financial (AF) in Lake Success, N.Y., plans to raise up to $150 million through an offering of depositary shares.
March 13 -
Bank of America (BAC) cut about 5 percent of staff in its appraisal unit last month as the firm rid itself of delinquent mortgages, said two people with knowledge of the move.
March 13 -
Homeowners with underwater mortgages worst-hit by foreclosures are leading refinancings after the government expanded programs like the Home Affordable Refinance Program to aid borrowers, strengthening the weakest link in the housing recovery.
March 13 -
Staffing, policies and vendor relationships will draw scrutiny as community banks look for new ways to make money.
March 13 -
Ocwen Financial has added Wilbur Ross Jr. to its board.
March 13 -
City National will open its first street-level branches in New York to gain visibility in the city where many of its Hollywood clients work and live.
March 13 -
At an industry conference Tuesday, the consumer bureau's second-in-command fielded questions on the pace of its work, the experience of its examiners, and whether it is putting an unfair burden on large banks.
March 12 -
BLOOMINGTON, Ill. Mid-Illini CU is putting its faith in a new branch inside Mount Pisgah Church.
March 12



