Bill Martin, a real estate developer and athletics executive who founded the community bank in 1996, said he considers the privately held institution to be "like one of my kids."
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At a preliminary injunction hearing seeking to determine whether two sidelined appointees are shielded by removal protections, a federal judge pressed both sides on whether the independent credit union agency exercises executive power.
June 13
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The Trump administration's fiscal 2026 budget carries over 7(a)'s $35 billion funding authority for a fourth consecutive year, even though lending has grown significantly
June 12
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As the crypto-friendly GENIUS Act winds its way through Congress, executives at some of the nation's largest banks are showing a newfound enthusiasm for stablecoins.
June 12
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The card, powered by fintech Cardless' embedded credit card platform, provides up to 4% cash back in bitcoin, and allows customers to service their account directly in the cryptocurrency exchange's app, similar to the way Apple Card works in Apple Wallet.
June 12
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A recent federal road map helps banks implement a security model where no user or device is trusted automatically — a drastic departure from legacy systems.
June 12
Growing loans was a tall order in 2024, but banks that could do just that were able to outperform their peers.
Among banks with between $10 billion and $50 billion of assets, those that targeted narrow lending markets rose to the top.
Seven of the 20 top-performing banks with $2 billion to $10 billion of assets last year were based in Texas. But it's not about being bigger.
The megabank announced it would invest $16 million to grow its footprint in the North Carolina banking mecca.
The labor market was a bigger point of discussion in the Federal Reserve's most recent monetary policy-setting meeting, but officials were divided about the path of future actions.
The digital bank is also partnering with two pro pickleball leagues to court fans through a consistent presence at tournaments later this year.
Bill Martin, a real estate developer and athletics executive who founded the community bank in 1996, said he considers the privately held institution to be "like one of my kids."
The megabank announced it would invest $16 million to grow its footprint in the North Carolina banking mecca.
The labor market was a bigger point of discussion in the Federal Reserve's most recent monetary policy-setting meeting, but officials were divided about the path of future actions.
The digital bank is also partnering with two pro pickleball leagues to court fans through a consistent presence at tournaments later this year.
Bankers are concerned about stablecoins gaining traction due to the passage of the GENIUS Act, and also continue to sound the alarm about the failure to resolve check fraud disputes, according to the latest quarterly survey from IntraFi.
Pulaski Savings Bank's failure will cost the FDIC's Deposit Insurance Fund 57.6% of its total assets.
The CEO of First Northwest Bancorp is promising to fight a lawsuit claiming the lender helped a client perpetrate a Ponzi scheme that bilked a hedge fund out of more than $100 million.
Most Influential Women in Payments honorees say the dramatic expansion in technology presents new opportunities and challenges as employers evolve away from traditional business models.
Honorees from American Banker's Most Influential Women in Payments discuss spotting tangible uses for innovation, rather than buying into hype.
Each year, American Banker recognizes the women who are advancing the payments industry in banking, retail, acquiring, processing and more.
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John Buran shares how his New York bank and its small business customers are faring with tariff uncertainty — and how some have quickly changed suppliers and modified business plans — in the latest American Banker podcast.
July 15 -
Staking activities and stablecoins are two of the possible ways banks could have a role in decentralized finance, said Margaret Butler, head of the financial services practice at the law firm BakerHostetler and Kristiane Koontz, director of Treasury Services and Payments at Zions Bank, in interviews recorded at the Digital Banking Conference in June.
July 1
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American Express teased updates coming later this year to its travel-focused Platinum credit cards.
June 16
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Opposition is growing to the Trump administration's efforts to roll back fair lending requirements for lenders imposed by Biden-era prosecutors.
June 16
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The 3.5% excise tax proposed in President Trump's One Big Beautiful Bill comes with wide-ranging implications for financial institutions engaged in money transmission services.
June 16
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The retail giants are kicking the tires on their own currencies. The potential prize is a way to reimagine prepaid cards and gain a key position as new forms of artificial intelligence-powered payments take off.
June 13
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Primis Bank plans to sell an undisclosed amount of its 19% ownership stake in Panacea Financial, a digital-only lender focusing on medical professionals and veterinarians. The deal should yield $22 million.
June 13
