Consumer banking
Consumer banking
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Changes to product offerings and pricing give the impression that the new bank does not have the customers' best interests at heart. Feeling undervalued is a key emotional reason they defect.
February 14 -
First Keystone (FKYS) in Berwick, Pa., has amended its bylaws to allow its board to select a vice chairman.
February 14 -
As part of a report on "high risk" areas in government, the Government Accountability Office expanded the scope of its review of regulatory issues to include the Federal Housing Administration.
February 14 -
A number of regional and community banks — including PNC, Fifth Third and Huntington — are working with the Michigan Economic Development Corp. to provide $30 million in funding to small businesses.
February 14 -
Regions Financial (RF) is taking steps to spur economic development in its home state of Alabama.
February 14 -
Flagstar Bancorp (FBC) in Troy, Mich., has agreed to sell DocVelocity, its document-imaging business, to mortgage tech company Capsilon.
February 14 -
Congress is afraid to tackle this complicated and contentious issue, but the market badly needs positive signals from our lawmakers that provide certainty about the future of housing finance.
February 14 -
M&T Bank (MTB) is offering customers the ability to tailor their checking accounts with a series of add-ons.
February 14 -
Big banks are ceding more of the consumer market to small banks, says John Romano, the new No. 2 executive at Amalgamated Bank in New York.
February 14 -
BOISE, Idaho A Las Vegas man was indicted by a federal grand jury yesterday on charges of stealing three ATMs holding more than $56,000 from local college campuses, including two owned by Idaho State University FCU.
February 14 -
Wells Fargo's mortgage unit is terminating a joint venture with investment firm Edward Jones and closing an office in the Minneapolis area.
February 14 -
QCR will pay roughly $20.1 million in cash and stock for the $290 million-asset Community National. The consideration is 70% stock and 30% cash. The companies expect to complete the deal in the second quarter.
February 14 -
The oft-mischaracterized HUD disparate impact rule will discourage any race-based decision making and minimize lawsuits. Why would any mortgage lender want to continue a practice with a discriminatory effect but no business objective?
February 14 -
Nigel Morris, who co-founded Capital One and is now with an investment firm, has become chairman of the alternative lender borro.
February 14 -
NetSpend Holdings (NTSP) earned $10.1 million in the fourth quarter of last year, a 5% increase from the same period a year earlier, the company announced Wednesday.
February 13 -
Minden Bancorp (MDNB) in Minden, La., is set to begin its third repurchase plan since becoming a public company two years ago.
February 13 -
The attorneys general of eight states are requesting to join a lawsuit that challenges the constitutionality of the Dodd-Frank Act and the Consumer Financial Protection Bureau.
February 13 -
Visa Inc. and MasterCard Inc., the world's biggest payment networks, won dismissal of a price- fixing lawsuit brought by a group representing operators of automated teller machines.
February 13 -
WASHINGTON — Senate Banking Committee Chairman Tim Johnson and Sen. Mike Crapo, the top panel republican, wrote to regulators on Wednesday urging them to weigh concerns by community bankers on pending Basel III capital and liquidity rules.
February 13 -
Citizens First (CZFC) in Bowling Green, Ky., is nearly two-thirds of the way to exiting the Troubled Asset Relief Program.
February 13


