The statement comes after multiple small and midsize institutions earlier this year warned the agencies that the secured overnight financing rate was ill-suited to them.

Integrity Bank for Business is being pursued by a group with ties to Heritage Bankshares, which was sold in 2016.

Infinity FCU sought out a merger partner after realizing that even at $338 million in assets it was too small to provide the technologies members wanted. It could be a harbinger of more deals among larger players.

Executives from a half-dozen major financial institutions avoided detailed commercial lending forecasts and gave a mixed outlook on consumer credit at an industry conference. And they called on Washington to pass an aid package targeted at the most troubled business sectors as soon as it can.

The region now leads the nation in virus cases, and with winter lurking the fear is that the outbreak will only get worse.

Some customer fraud and a lack of cooperation from partners Huntington Bank and Dwolla prevented Beam Financial from returning funds to savers, says Aaron Du, the fintech's CEO. He says he’s trying to make things right, but Huntington and Dwolla are taking the dispute to court.

The Pittsburgh-based institution can now serve more than a dozen municipalities in the Keystone State.

Some banks and credit unions boarded up branches and closed early in anticipation of unrest tied to the tense presidential race.

The two banks are among those deploying advanced analytics to give customers advice before they may even know they need it.

Some banks and credit unions boarded up branches and closed early in anticipation of unrest tied to the tense presidential race.