Jim Dobbs

The National Association of Federally-Insured Credit Unions' new campaign highlights $243 billion in fines slapped on Wall Street banks. The group says it's responding to political attacks, but the banking industry says NAFCU is trying to distract from criticism of its tax exemption.

The Atlanta bank said the deal will accelerate its small-business and commercial and industrial lending while expanding its presence in point-of-sale financing.

The $85 million acquisition of Metro Phoenix Bank would more than double Alerus Financial’s loans and deposits in the nation’s fifth-largest city.

Bankers say the Biden administration’s call for regulatory greater scrutiny of mergers and acquisitions is causing holdups and could slow dealmaking activity in 2022.

The new omicron strain is prompting more financial institutions to extend mask mandates in the workplace and remote work schedules.

The Denver company said it would pay $56 million for Legacy Bank in Colorado and pick up nearly $500 million of assets.

Borrowers expect the Federal Reserve to raise interest rates next year to contain soaring prices and are locking in favorable terms now, bankers say.

The buyer said it would enter two of Wyoming’s largest markets and expand in Nebraska and Colorado with the purchase.

Buying Spirit of Texas would give the Arkansas company access to the Austin, San Antonio and Houston markets and make it a bigger player in the fast-growing south-central U.S.

The retired Laurence Bensignor is prohibited from working for “any insured depository institution or any holding company of an insured depository institution” because of his failure to disclose key information about an alleged insider-loan scheme, the Federal Reserve says.