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Rep. Katie Porter, D-Calif., wants details about refunding "hundreds of millions of dollars" in fees improperly charged on checking accounts. Wells has acknowledged the potential problem but hasn't estimated how much it owes.
November 22 -
The move will allow MVB to devote more resources to Northern Virginia and its fintech business.
November 22 -
The Peach State is the latest to offer gamified savings programs as an incentive to draw in deposits and improve consumers' behavior.
November 22 -
The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County.
November 22 -
A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal.
November 21 -
Toronto-Dominion Bank would end up with a smaller stake in a larger brokerage if Schwab and TD Ameritrade combined. But it could parlay that stake into funds for a U.S. bank acquisition.
November 21 -
New American Customer Satisfaction Index data shows consumers slightly favored banks, which are benefiting from investments in technology.
November 21 -
Paul Simons has worked in the industry for 48 years, including more than three decades at the helm of the Illinois-based institution.
November 21 -
Several credit union leaders were recognized for their contributions while other personnel changes were announced.
November 21 -
Members of Ocean Spray Employees FCU will vote next month on whether to merge into MVCU, which absorbed Bridgewater Credit Union earlier this year.
November 20 -
Ana Botin, the Spanish banking giant's chairman, is counting on Santander's new digital platform to help drive expansion in the U.S. and Latin America.
November 20 -
This is the second time in five years the California-based credit union has issued a giveback, for a total of $38 million.
November 20 -
The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County.
November 20 -
Axos Bank favors remote access over chatbots, as it connects bankers with online customers in real time.
November 19 -
The regulators approved the deal after nine months of consideration, but the Fed hit SunTrust with a consent order tied to "unfair and deceptive" business practices from 2013 to 2017.
November 19 -
Several credit unions announced management changes at their branches while others in the industry made their own personnel moves.
November 19 -
United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.
November 18 -
The Bakersfield, Calif.-based institution has applied to convert to a state charter.
November 18 -
The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.
November 18 -
Consumer trust issues have long been a stumbling block for challenger banks, but many say Google will face bigger obstacles.
November 17

















