Consumer banking
Consumer banking
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First Horizon National in Memphis, Tenn., has expanded its dealings in municipal bonds.
February 5 -
Community bankers should continue to bolster lending despite challenges created by compliance with a host of new Dodd-Frank regulations, Federal Reserve Gov. Elizabeth Duke said Tuesday.
February 5 -
U.S. financial institutions may see their reporting burdens rise as a result of a law designed to prevent taxpayers from hiding funds offshore.
February 5 -
Improving the branch experience could fail to increase foot traffic, but will boost customer satisfaction, loyalty and, ideally, advocacy.
February 5 -
The Treasury Department is planning to wind down its Troubled Asset Relief Program investments in six financial institutions by auctioning off approximately $358 million in preferred stock and subordinated debt investments.
February 5 -
An international crime ring created thousands of fake identities to obtain tens of thousands of credit cards and steal more than $200 million, the Justice Department said.
February 5 -
Woodforest National Bank in Woodlands, Texas, has promoted Julie Mayrant to president of its retail operations, according to a news report.
February 5 -
Naugatuck Valley Financial in Connecticut has added Orville Aarons as a director. Aarons is president of O. Aarons & Co., an investment bank, and had been a chief lending officer at The Community's Bank.
February 5 -
Local merchants, especially those with credit card minimums, may find a small surcharge improves customer service. Alternately, all retailers should consider product-level surcharging, with fees only for high-cost cards.
February 5 -
SIERRA VISTA, Ariz. American Southwest CU held a grand opening for its expanded offices, a two-story addition to its original building, adding 14,000 square feet of new space.
February 4 -
TRAVERSE CITY, Mich. Redevelopment funded in part by tax dollars will clean a significant chunk of pollution at an old gas station site where Traverse Bay Area CU is building a new headquarters.
February 4 -
Kind words by Stewart McClure, the head of Somerset Hills Bancorp, for Kevin Cummings, the CEO of rival Investors Bancorp, are part of a mutual admiration society budding in New Jersey banking.
February 4 -
Orrstown Financial Services (ORRF) reached a legal settlement with PL Capital over a requirement that the outside investor said wrongly benefited management.
February 4 -
Stop Huntingdon Animal Cruelty said Monday that a U.S. Bancorp unit is a lender to Huntingdon Life Sciences, a U.K.-based research facility that helps makers of pharmaceuticals, chemicals, cosmetics and other products assess the safety of their wares.
February 4 -
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The Consumer Financial Protection Bureau is expected to be inundated with comments on how to rework the proposed 3% cap on loan origination points and fees.
February 4 -
The ABA is raising concerns about a credit union's potential plans to change its field of membership from just Lutherans to serve all Christian denominations.
February 4 -
Terminations of bank deals have dramatically slowed since 2009, when a third of the announced deals were called off. Still, buyers should give regulators a heads-up and leave ample time to finalize details.
February 4 -
The quality of lending for most types of loans is likely to remain fairly steady this year, according to a survey of loan officers released Monday by the Federal Reserve Board.
February 4 -
Dodd-Frank repealed the ban on paying interest on business checking accounts. No longer necessary to circumvent that restriction, sweep accounts with overnight repos can still protect and retain high-balance depositors.
February 4



