Benefits of mortgage rules could bypass New Orleans
New mortgage rules aimed at preventing the type of risky lending that led to the financial crisis are expected to tighten lending options for low- to middle-income borrowers across the nation. But...
View ArticleBanks large and small vying for North Shore market share
Competition for North Shore deposits and loans remains stiff, even as national banks corner larger shares of customers in nearby Orleans and Jefferson parishes. Now a growing set of Louisiana banks are...
View ArticleYear in Review: Banking
Even with thin interest margins, New Orleans’ banks have been able to grow slowly over the past year.
View ArticleLocal bankers react to qualified mortgage rules
New federal lending restrictions that take effect this week could slash business for some New Orleans banks. However, one local executive sees growth potential.
View ArticleCosts temper positive bank outlook for homebuilder loans
Though the increase in homebuilding loans this year might not be as large as the one seen in 2013, bankers say they are poised to take advantage of a growing market.
View ArticleNOLA banks move toward teller-less trend with ‘pods’
You might call it “Invasion of the Teller Snatchers,” except that banks are counting on it to bring more bodies into their branches.
View ArticleBanks want changes in new rules for riskier loans
The new Qualified Mortgage guidelines offer banks protection against lawsuits should a borrower default on their loan, but lenders are considering whether it’s worth the risk to make loans outside...
View ArticleCommunity bankers hear M&A knocks at their door
Regulatory changes from the Dodd-Frank Act are putting pressure on local community banks that their CEOs say cost time and money. As a result, they are listening to potential suitors with buyout...
View ArticleBanks mix convenience with choices to keep customers
Some customers like only face-to-face interaction with their bank, while others never want to step foot into one if they can help it.
View ArticleBankers advise reading fine print on alternative loans
New or small businesses turn to alternative lending for fast, no-hassle sources of funding, but bankers are urging them to read the fine print first.
View ArticleNew partnership brings safe deposit box insurance to Louisiana
Make the safest of places even safer. That’s the mantra of a budding insurance sector that’s selling policies for safety deposit boxes.
View ArticleSafe deposit box insurance firm expands local partnerships
Safe Deposit Box Insurance Coverage LLC, a company offering safe deposit box insurance, announced its latest partnership on Wednesday with New Orleans-based Crescent Bank.
View ArticleMetairie Bank moves into former IberiaBank space
Metairie Bank & Trust Company has opened a full-service branch at Clearview Parkway and West Esplanade.
View ArticleLocal banks still uneasy amid proposal to ease regs
Federal Reserve Chair Janet Yellen’s proposal to ease requirements for annual stress tests for large institutions does not alleviate discontent among area community bankers who feel the Fed’s...
View ArticleCosts temper positive bank outlook for homebuilder loans
Though the increase in homebuilding loans this year might not be as large as the one seen in 2013, bankers say they are poised to take advantage of a growing market.
View ArticleNOLA banks move toward teller-less trend with ‘pods’
You might call it “Invasion of the Teller Snatchers,” except that banks are counting on it to bring more bodies into their branches.
View ArticleBanks want changes in new rules for riskier loans
The new Qualified Mortgage guidelines offer banks protection against lawsuits should a borrower default on their loan, but lenders are considering whether it’s worth the risk to make loans outside...
View ArticleCommunity bankers hear M&A knocks at their door
Regulatory changes from the Dodd-Frank Act are putting pressure on local community banks that their CEOs say cost time and money. As a result, they are listening to potential suitors with buyout...
View ArticleBanks mix convenience with choices to keep customers
Some customers like only face-to-face interaction with their bank, while others never want to step foot into one if they can help it.
View ArticleBankers advise reading fine print on alternative loans
New or small businesses turn to alternative lending for fast, no-hassle sources of funding, but bankers are urging them to read the fine print first.
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