Consumer banking
Consumer banking
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Notre Dame Federal Credit Union in Notre Dame, Ind. said late last week that it raised $12 million from a new fund created to provide secondary capital to credit unions. It comes a month after a similar move by Jefferson Financial Federal Credit Union.
December 20 -
In a relationship-based business, it’s not enough to sell your customers a sharp tool to pay for things. You also have to help them avoid cutting themselves with it.
December 20 -
Key efforts for banks include developing AI applications, adding fintech allies and strengthening cyberdefenses.
December 19 -
The Fed approved an application giving Natcom Bancshares indirect control over Republic Bank, declining to take into account claims the transaction imperils the target's S corporation status.
December 19 -
This year has been very good to regional banks, bitcoin investors and several bank CEOs who pulled off big deals or successfully refined business models.
December 19 -
Amalgamated in New York wants to enter several left-leaning cities across the country, but it might be tough to find more like-minded banks to buy.
December 19 -
The company agreed to buy PBB Bancorp in Los Angeles just five weeks after completing its last bank acquisition.
December 19 -
Millennials aren’t the only ones who want convenience — everyone, regardless of age, wants it. Where age comes into play is just how someone defines what ‘convenience' is.
December 19 -
The company will set aside more than $10 million, with most of the provision addressing an issue with a commercial loan.
December 19 -
The $280 million securitization is also expected to boost capital levels and lower Dime's loan-to-deposit ratio.
December 19 -
The executive tasked with reshaping Wells Fargo's embattled retail banking unit will now also be responsible for mortgage, auto and student lending.
December 18 -
Gabriel Hamani has been named chief executive of BHI USA, the U.S. banking arm of Bank Hapoalim.
December 18 -
Washington Federal in Chicago, which had a clean balance sheet and plenty of capital on Sept. 30, was shuttered shortly after the death of its CEO and regulators' discovery of "substantial dissipation of assets."
December 18 -
With tax reform close to the finish line, bankers are still clear winners from the compromise worked out between House and Senate negotiators. But the bill includes some caveats that might give institutions pause.
December 18 -
From member givebacks to donations for life-saving research and hurricane relief, here's how credit unions are making a difference in the communities they serve.
December 18 -
The market for initial public offerings was the best since 2014, reflecting a surge in bank stocks and a need to fuel expansion plans.
December 18 -
The planned purchase of Home BanCorp will nearly double the size of First Citizens' branch network in the Sunshine State.
December 18 -
The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions.
December 18 -
Robert Wilmers joined M&T in 1983 when it had just $2 billion of assets and built it into a regional powerhouse with $120 billion of assets and operations in a dozen states.
December 17 -
For the first time in nearly nine years, an acquirer of a failed bank agreed to purchase only the institution’s insured deposits, making it likely that some customers will not recoup all of their uninsured funds.
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