Ken McCarthy

Executives at banks in California say there's only so much they can do until the flames subside.

It's difficult to recruit and retain talent amid low unemployment, while uncertainty about GSE and BSA reform makes planning harder, bankers said at the ABA convention.

Laurie Stewart, a former credit union CEO and incoming chair of the American Bankers Association, says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

Laurie Stewart says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

Louisa Community Bank and Resolute Bank were closed on Friday, raising the year's total to three failures.

Hometown Financial, which completed three acquisitions this year, is considering branch openings for a push into the city.

As apps like Uber and Lyft gain more traction, the need for new cars ⁠— and loans ⁠— is expected to diminish.

MetroCity Bankshares has said it could use the proceeds to open branches or pursue acquisitions.

The company has agreed to buy a portfolio of commercial loans from Santander Bank.

Many community banks are launching digital banks, more aggressively courting younger customers and abandoning the idea that only primary banking relationships are worthwhile.