Compensation
Investment in the latest technology is crucial for banks and credit unions if they are to compete effectively, while the lack of tech talent continues to be an issue.
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The Minneapolis bank has launched a special-purpose credit program that aims to help businesses owned by women, minorities and veterans. Borrowers with comparatively low credit scores and cash flows will qualify for lending products of up to $2.5 million.
April 28 -
A resolution calling for the San Francisco-based bank to adopt and disclose a formal policy supporting collective bargaining rights failed to receive a majority of shareholder votes at the company's annual meeting.
April 25
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Prosecutors claim every dollar in subsidy funds from settlements equates to ten times the amount in value in home lending efforts.
April 24 -
Headcount at the nation's second-largest bank has fallen by around 1,000 since the end of last month. More job reductions are in the works after noninterest expenses rose by 6% during the first quarter.
April 18 -
Startups were left reeling after SVB's failure. But there are challenges to serving young companies.
April 13 -
Oregon Community Credit Union is piloting a new schedule to address rising absenteeism and concerns about stress among its call center staff.
March 29 -
Organizations must have fully-staffed internal controls to manage risk and ensure regulations are properly followed.
March 23 -
Employees of the collapsed bank are using LinkedIn, and old-school means, to find new jobs.
March 16 -
Senate Banking Committee Chair Sherrod Brown wants regulators to hold public meetings on branch shutdowns in situations where community members request them. His request follows opposition to a closure in a low-income section of Toledo, Ohio.
March 6
