Consumer banking

Organizers propose 'values-based' bank in Florida

10/05/20

Climate First Bank, which would be led by veteran banker Ken LaRoe, would offer loans to help individuals and organizations make environmentally sound decisions.

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Ohio University Credit Union adds 8 counties to field of membership

10/02/20

The expansion will give the $416 million-asset institution a deeper reach into southern parts of the state.

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Santander Bank to open Miami branch

10/02/20

With its first branch outside the Northeast U.S., the unit of Spanish banking giant Banco Santander wants to reach international clients who are familiar with the brand.

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Membership growth, profitability anxieties top of mind for credit unions

10/02/20

Many sectors are concerned about making money in an economic downturn, but those fears are higher in the financial sector, according to a study from Arizent.

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Court case reveals new details of fake-account allegations at Fifth Third

10/01/20

The bank has contends that the misconduct was widespread, but a whistleblower letter unearthed by the Consumer Financial Protection Bureau points to Chicago as a hotbed of customer abuse. "We are becoming a 'predatory' financial institution," the 2010 letter said.

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Will Minnesota credit unions’ growth plan catch on elsewhere?

10/01/20

A new initiative from the Minnesota Credit Union Network to help deepen share of wallet is believed to be the first of its kind and could be a model for credit union leagues in other states.

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‘Solid reputation’: Why regulators long deferred to Wells Fargo on sales abuses

09/30/20

A new watchdog report finds that prior to 2015, the Office of the Comptroller of the Currency missed numerous opportunities to address misconduct at the San Francisco bank.

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Most Powerful Women to Watch: Cassandra McKinney, Comerica

09/29/20

Promoted to executive director of the retail bank in April, McKinney oversees an operation that accounts for roughly 40% of Comerica’s workforce and 435 branches in five states.

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Small Louisiana bank gives customers tool to safeguard their data

09/29/20

Origin Bank is rolling out software to let customers curb or shut down account-data sharing with third-party apps. In the process, it hopes to learn a lot about client behavior and preferences that it could use in its own products.

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Goldman shakes up units in fresh push to win over investors

09/29/20

Goldman Sachs Group shuffled its business lines and announced a raft of management changes, carving out new divisions aligned with a strategy pivot unveiled earlier this year.

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