Consumer banking
Consumer banking
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City National Bank appointed longtime executive David Cameron as chief operating officer; JPMorganChase is selling a limited-edition Lego version of its new midtown Manhattan headquarters; Esquire Financial Holdings received regulatory approval to complete its acquisition of Signature Bank in Chicago; and more.
June 12 -
Oklahoma City-based BancFirst agreed to pay an undisclosed sum for SpiritBank. The deal comes just seven months after the buyer completed another in-state acquisition.
June 11 -
Independent Community Bankers of America is launching a new campaign comparing community banks with crypto companies, and highlights potential harm that the latter could pose to Main Street.
June 11 -
Rising assessment fees and the fear of punitive actions under newly installed state regulator Rohit Chopra may push some California-chartered banks to switch to a federal overseer, some industry observers say.
June 11 -
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Adam Metz has spent the past decade in senior management roles at Pennsylvania-based Orrstown. For the past year, Metz, served as chief operating officer and the designated successor to departed CEO Thomas Quinn.
June 10 -
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The digital bank released a treasury management system for its business users powered by a robo-adviser.
June 10 -
The bank's first institutional fundraising round brought its total funding to $222 million.
June 9 -
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Capital Community Bank is preparing to launch its fintech-focused rebrand by the end of this month.
June 9 -
Research from the New York Fed suggests that the legalization of sports betting has important implications for consumer lenders.
June 5 -
Republican Sen. Joni Ernst is calling for more scrutiny of 10 lenders that were ejected from a Department of Agriculture program. Several of the lenders are pushing back, questioning officials' characterizations of their lending results and announcing appeal plans.
June 5 -
While the move is seen in a positive light, lenders and Trump administration officials are still angling to raise the loan-size limit within the agency's flagship 7(a) program.
June 4 -
The Omaha, Nebraska-based company announced its second purchase of a Kansas City-area bank in just over a year. It plans to keep expanding in the fast-growing market, according to Chairman and President Clark Lauritzen.
June 2 -
BCB Bancorp in Bayonne, New Jersey, is turning to veteran bank executive Tom O'Brien to accelerate its turnaround after reporting significant losses in 2025.
June 1 -
Governor Greg Abbott proclaimed Texas the "financial capital of America" at the Texas Bankers Association's annual convention; Columbus, Ohio-based Northwest Bank named Chad Ballard chief information officer; Deutsche Bank terminated some staff as a result of its client relationship with convicted sex offender Jeffrey Epstein; and more in this week's banking news roundup.
May 29 -
Farmers and Mechanics Federal Savings Bank in Bloomfield, Indiana, last turned a profit in 2023.
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