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Marion Capital Holdings Inc. of Marion, Ind., has named Steven L. Banks
He will also succeed to those titles at its First Federal Savings Bank.
Mr. Banks, 49, is vice chairman of $195 million-asset Marion Capital,
He came to the company in 1996 from Marion-based Fidelity Federal
Mr. Dalton, 64, will remain chairman of Marion Capital Holdings. He
Consumer spending slowed and charge-offs rose during the first quarter, but Bread Financial said a pending late-fee rule may not be as devastating to its revenue as the Columbus, Ohio-based firm initially feared.
Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
The FDIC board debated and ultimately withdrew two separate proposals to address asset managers' control over banks, but acting Comptroller of the Currency Michael Hsu said he couldn't support either and called for more research and debate about how asset managers' control over banks impacts safety and soundness.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
