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BofA may sell all but two offices

Feb. 4 at 6:55 a.m.

— Bank of America, the second-largest U.S. lender by assets, may sell all its offices as part of the company’s effort to cut costs, sparing only its headquarters in North Carolina and New York City.

  • New York sues banks over home seizures

    New York’s attorney general on Friday accused some of the nation’s largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures while saving banks more than $2 billion.

  • Fidelity to close three Walmart branches

    Fidelity Bank will not renew leases on three of the seven in-store branches it operates in area Walmarts, officials of the $1.6-billion-asset bank said Friday.

  • Grant Thornton CEO predicts consolidation in accounting industry

    Grant Thornton LLP chief executive Stephen Chipman expects to see more consolidation in the accounting industry in 2012, and he hopes to drive his firm’s growth in the next year by focusing on serving private equity firms and smaller, entrepreneurial companies.

  • Bank of Oklahoma Mortgage expands into Wichita RE/MAX office

    Bank of Oklahoma Mortgage Group has added a third office in Wichita at the same time it marks its first year doing business here.

  • Intrust Bank tries a new approach at some ATMs

    Intrust Bank’s drive-through ATMs are going paperless.

  • Report: Kansas credit unions top national growth averages in several categories

    Kansas credit unions outperformed their national peers in a few categories in the third quarter of 2011, according to a recently released report.

  • Sunflower Bank to close branch at 21st and Tyler

    Sunflower Bank will close its west-side branch in June, an official of the Salina-based bank said Wednesday.

  • Predictions for 2012: Economy moving in a positive direction

    A year ago, forecasters called for slow economic improvement in the year to come. We got that, along with an incredibly bumpy ride.

  • Ailing EU banks could hamper U.S.

    As European banks unwind, will the U.S. recovery come undone?

  • Fed proposes tougher rules for big banks

    NEW YORK – The Federal Reserve on Tuesday said the largest U.S. banks and financial companies should hold extra cash on their balance sheets to cushion themselves against financial crises.

  • Bank wants to attract business customers

    David Harris is planning to make a big push to net more business customers in 2012.

  • State’s credit unions see strong third quarter

    The Kansas credit union industry saw gains in loans and assets and drops in delinquencies in the third quarter.

  • Fewer small banks in state

    There are fewer banks in Kansas today than there were five years ago, and the decline is especially notable among the state’s smallest banks.

  • Secret loans let banks earn $13 billion

    NEW YORK — The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.

  • Babich joins Kansas State Bank as loan officer, VP

    Mike Babich is back in the business of making commercial loans as a bank officer.

  • FDIC report: Kansas bank, thrift earnings swing higher in third quarter

    Kansas banks and thrifts’ profits expanded while their loan portfolios contracted in the third quarter, according to the Federal Deposit Insurance Corp.’s State Banking Performance Summary released Tuesday.

  • Wichita banks roll out their mobile options

    Intrust Bank, the area’s largest bank, is rolling out its first mobile banking product, about four years after the bank-by-cellphone concept was introduced by Bank of America.

  • Small businesses still find big banks to be reluctant lenders

    The TV commercials are heartwarming — Richard and Gloria Pink, sitting in their busy hot-dog stand on Los Angeles’ La Brea Avenue, remember how Bank of America gave Richard’s parents the loan that helped them build their wiener business more than 50 years ago.

  • Conversion to state charter will save Verus Bank money

    Derby’s Verus Bank is changing its bank charter from a national bank to a state bank to save money.

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