Deposits

The weakening car-loan market poses a big challenge for the Detroit-based lender, but it also could also present an opportunity, since other big banks are sharply reducing their exposure.

The Tulsa, Okla., company also benefited from higher interest and fee revenue while keeping expenses under control.

The Georgia company invested in HCSB Financial's recapitalization a year before agreeing to buy the coastal South Carolina bank. Doing so allowed United to stay to close to HCSB and its board, which helped when the time came to discuss a deal.

Even with net interest margins improving, banks are reluctant to raise rates on deposits until more floating-rate loans reprice. But how long can they wait before depositors start demanding higher yields?

The Mississippi company's first-quarter earnings rose 60% from a year earlier. Its results from last year were weighed down by a settlement with regulators.

The Ohio company said it is retaining more FirstMerit deposit accounts than it had projected. At the same time, Huntington is moving forward with cost-cutting tied to the acquisition.

A review of activity that long ago would not shed additional light on the scope of misconduct in Wells Fargo's retail banking unit, CFO John Shrewsberry said in an interview.

Business confidence remains high, but Fed data shows commercial borrowing actually decelerated during the first quarter. Fortunately for banks, rate hikes have fattened margins.

Customers of National Capital Bank in Washington wanted mobile banking with remote deposit capture, but the community bank first had to find a new CEO.

Banks eagerly raised their prime rates after the Federal Reserve’s latest rate hike, but the debate about how they should react on the deposit side is robust, and conversations are beginning on how to respond on the investment portion of the balance sheet. Here is a sample of the lively discussion that is emerging.

Seniors typically have stellar credit and can be a good source of deposits in a rising rate environment.

The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise.

The Denver bank had spent the last two-plus years addressing concerns about capital and underwriting procedures.

RI’s State Treasurer will open deposit accounts with local CUs and banks.

Traditional banks may need to think twice about putting off higher rates on CDs and other deposit products. That’s because freer-spending online banks are adding deposits faster than they are, and more Fed rate hikes are expected to fuel that trend.

Loans, deposits and revenue all rose solidly compared to a year earlier.

Webster Financial was unable to hit its loan and deposit goals in Boston last year as it prioritized relationship building over cut-rate pricing.

Acquisition pushes quarterly revenues past $1 billion for first time ever.

Citizens Financial Group in Providence, R.I., reported bigger profits in the fourth quarter on the strength of loan growth and improvements in its loan yield.

Most of the focus for electronic deposits is on mobile-based solutions, but credit unions shouldn't neglect to develop an online solution for use with a desktop computer and scanner.