Consumer banking
Consumer banking
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Huntington Bancshares (HBAN) plans to upgrade hundreds of its automated teller machines to add image-capture technology, and will roll out mobile deposit later this year.
February 13 -
The deal announced Tuesday follows the collapse of the bank's planned merger with C1 Bank.
February 13 -
The Consumer Financial Protection Bureau is launching a yearlong plan to help lenders comply with the onslaught of mortgage rules by the 2014 deadline.
February 13 -
MELBOURNE, Fla. Space Coast CU announced plans this morning to open three new branches and relocate four others as part of an expansion of its 57-branch network.
February 13 -
Cullen/Frost Bankers in San Antonio plans to raise $150 million by selling preferred stock.
February 13 -
Retail banks must start innovating, improve integration across channels and consider charging fees for services to maximize their return on investment.
February 13 -
Carol Galante, the head of the Federal Housing Administration, downplayed a coming budget estimate that is expected to show the agency will need taxpayer aid for the first time since it was founded in the 1930s.
February 13 -
Lawmakers were sharply divided on President Obama's brief remarks regarding the housing market during his State of the Union address Tuesday night.
February 12 -
Ocwen Financial (OCN) is selling off parts of a company it recently purchased and another it expects to buy soon.
February 12 -
OptimumBank Holdings in Ft. Lauderdale, Fla., has hired a veteran banker as its chief executive. The $150 million-asset company said Tuesday that it had hired Timothy Terry.
February 12 -
ConnectOne had a strong IPO on Tuesday, giving it more funding for loans and acquisitions.
February 12 -
The Freedom Bank of Virginia is planning to cash in on the anticipated consolidation of government contractors.
February 12 -
Interest-only home loans are viewed as somewhat risky by the Consumer Financial Protection Bureau, but that is unlikely to stop the San Francisco bank from making them, its CEO says.
February 12 -
Quick decision-making, cash on hand and dedicated employees are musts for successful buyers of loan pools, experts said in analyzing CIT's recent purchase of $1.2 billion of loans.
February 12 -
Developing new online platforms to lower APRs to 365% is a waste of resources. Instead, lenders can tackle the payday problem by partnering together, cultivating loyalty and capping expected default rates.
February 12 -
Smaller banks have historically shied away from equipment finance because it requires a lot of expertise that typically has an up-front cost. But a desire to book assets at higher yields has made the business more attractive, industry experts say.
February 12 -
The Federal Reserve Board has issued an enforcement action against the holding company of an Alabama bank.
February 12 -
Generation Mortgage, a reverse-mortgage lender in Atlanta, has promoted Colin Cushman to fill its recent vacancy at the top.
February 12 -
HopFed Bancorp in Hopkinsville, Ky., is bolstering its presence in neighboring Tennessee with a deal to buy Sumner Bank & Trust in Gallatin.
February 12 -
A decision by the FHFA to study further a proposal by Fannie Mae raises questions about industry pressure to head off a plan that seeks to cut premiums by hundreds of millions of dollars and end controversial payments to banks.
February 12





