Community banking
Allegiance Bancshares and CBTX received the final blessing they needed from the Fed to complete their proposed deal 10 months after it was announced. But regulators say the new company must take steps to attract more African American mortgage borrowers.
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The Pennsylvania banking company could use the proceeds from its initial public offering to pursue acquisitions.
September 14 -
The credit-cards-as-a-service model allows small banks to develop more products — and keep more revenue — than they had when working with agent banks.
September 7
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After the Office of the Comptroller of the Currency cracked down on a $2.8 billion-asset bank, industry observers expect more scrutiny of the ties between banks and financial technology startups.
September 6 -
Amid flooding and a lack of drinking water, Regions Financial announced a slate of fee waivers and loan deferrals, alongside a donation to a local United Way. Cadence Bank is supplying fresh water to ensure it can keep its doors open.
September 2 -
Merely telling employees what to do may get the job done, but telling them why they're doing it fuels engagement.
August 31 -
The acquisition of Central Financial, expected to close in the first quarter of 2023, would create a bank with more than $10 billion of assets.
August 31 -
Sumitomo Mitsui Banking Corp.'s new consumer-focused digital bank will be born out of its Manufacturers Bank subsidiary — a relatively small commercial bank with nine branches and no consumer business to speak of.
August 30 -
Drake Bank in Minnesota is working with the fintech B Generous to test whether installment loans can help bring in larger donations to nonprofits.
August 29 -
Auto loan growth eased substantially in the second quarter amid competitive pressures from credit unions and other lenders.
August 26
