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The bipartisan proposal aims to renew banks' interest in low-income housing tax credits and bring more lower-priced homes to markets that badly need them.
By Jon PriorJune 18 -
The Memphis, Tenn., company said a common corporate identity for all its units made sense given a recent acquisition and its growth ambitions.
By Jon PriorJune 11 -
Lenders are turning to the Farm Service Agency to backstop more loans as their Midwestern customers are beset by flooding in addition to the U.S. trade war with China and volatile crop prices. Can the FSA meet the increased demand?
By Jon PriorJune 10 -
The regional bank has begun closing branches in Chicagoland as part of a plan to reduce its net number of brick-and-mortar offices by up to 15% even as it looks to expand in the Southeast.
By Jon PriorJune 5 -
The Cincinnati bank wants to convert from a state charter as it expands in the Southeast and beefs up digital banking operations.
By Jon PriorMay 31 -
In a presentation Thursday, co-COO Gordon Smith expanded on Jamie Dimon's recent comments about frustrations in the mortgage market, was upbeat about branch profitability and discussed some of the bank's Chase Pay challenges.
By Jon PriorMay 30 -
Many banks have already scaled back home lending or even left the business. With profit margins shrinking, inventories of homes at crisis levels and competition from nonbanks intensifying, that’s unlikely to change.
By Jon PriorMay 29 -
Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.
By Jon PriorMay 16 -
Heightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S.-Mexico border.
By Jon PriorMay 9 -
Community banks in the state have struggled to attract the funds to meet surging loan demand, but that could change now that a new law has made it easier for them to accept government deposits.
By Jon PriorMay 3