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Azlo will offer customers the ability to apply for a Kabbage loan through a new program called Mission Street Capital.
May 16 -
Recent letters from NAFCU and CUNA called on the Consumer Financial Protection Bureau to provide a carve out in its payday lending rule for loans made by credit unions.
May 16 -
The first day of CU Direct's annual Drive conference included insights from dealers, executives at online car-buying platforms and more.
May 16 -
At a Senate Banking hearing focusing primarily on predatory lending practices, NCUA Chairman Rodney Hood offered insight into the agency's priorities under his leadership.
May 15 -
Ask 453 bankers their forecasts on loan demand and the economy, or their feelings about the BB&T-SunTrust merger, pot banking as well as other hot issues, and a clear picture emerges. Promontory Interfinancial Network recently did just that, and here our five takeaways from the results.
May 15 -
The New York bank says it acted appropriately in withholding the collateral on a loan to a developer that First Foundation Bank later refinanced. First Foundation’s CEO begs to differ.
May 14 -
The Nashville, Tenn., company hired Tim Schools from Highlands Bancshares to succeed founding CEO Claire Tucker.
May 14 -
The forces reshaping small-business lending are also leading to “a moment of reckoning” for small banks, says former SBA head Karen Mills.
May 14 -
The ranking Democrat on the Senate Banking Committee says he wants answers from the Financial Stability Oversight Council on efforts to address corporate debt risks.
May 13 -
The deals lets a North Carolina group skip the de novo process. West Town, which sold the bank, will use the funds to support a fast-growing business line.
May 10 -
Housing advocates and Democratic lawmakers want to create more protections for tenants of rent-controlled apartments, but they are facing stiff opposition from property owners and the banks that lend to them.
May 10 -
The city, among the Midwest's most vibrant C&I markets, is luring community banks, as well as giants like PNC and JPMorgan Chase.
May 9 -
Pinnacle Bank chief Terry Turner never lacks specifics. He wants to expand inside a triangular zone that connects three Southern and mid-Atlantic cities, aims to enter five particular markets, and speaks bluntly about his plans for hiring alums of BB&T and SunTrust.
May 8 -
The Senate has confirmed a new president and two board members, giving the U.S. Export-Import Bank the ability to approve loan guarantees of more than $10 million for the first time since 2015.
May 8 -
The San Francisco-based online lender, which has recorded nearly $450 million in losses since 2016, is taking aggressive steps to achieve adjusted profitability later this year.
May 7 -
Lenders say they are seeing a rise in synthetic identity and other types of attempted fraud. Here’s what they are doing to thwart it.
May 7 -
The Mile High City has been disrupted by a number of big bank mergers, which could increase competitive pressures on CUs across the state.
May 7 -
The central bank said that while financial markets' desire for higher yields raises the potential for losses, capital and liquidity safeguards temper any concerns about a looming crash.
May 7 -
Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.
May 7 -
Eileen Murray has talked about leaving Bridgewater; A deal with Roger Ng could lead to charges against Goldman and its employees.
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