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Josh Williams, chief banking officer for Seattle Bank, explains how changes in payments technology will affect smaller institutions.
June 8
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The FDIC gave Cadence Bank in Mississippi the highest possible rating on its most recent Community Reinvestment Act evaluation. Cadence was the product of a 2021 merger completed just months after the acquired bank settled a federal lending discrimination case.
June 8
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The seller announced the delay to give it time to solicit more votes in favor of the deal. It plans to push a June 13 meeting to next month, when shareholders will decide whether to approve the transaction.
June 8
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Regulators need to recognize the uniqueness and potential of cryptocurrency instead of seeking to fit crypto assets into an outdated regulatory framework.
June 8
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The measure will prevent banks chartered elsewhere from charging interest rates above Colorado's 36% rate cap. If additional states take the same approach, it could hamper the business model for high-cost consumer lenders that partner with banks.
June 7
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Robert Trunzo, who has led TruState since 2014, will retire in October. The company, previously called CUNA Mutual Group, hired Terrance Williams to replace him.
June 7
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After shares dropped in the aftermath of recent failures, most banks demonstrated resilience and investors started to buy back into the sector.
June 7
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Market professionals fear a pending circuit court decision could significantly disrupt term loan B and CLO markets.
June 7
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The interagency report recommends practices for financial institutions to manage relationships with fintechs and other third parties.
June 7
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Paulding County, northwest of Atlanta, is Georgia's second-fastest growing county, but after years of consolidation just one community bank has a branch there.
June 7
