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Even more so than activist investors, customers and a new generation of employees are driving banks to back environmental, social and governance reforms, executives said during a Women in Banking roundtable hosted by American Banker.
October 9
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The deal is expected to close sometime next year but is still subject to regulatory and member approval.
October 9
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Many consumers are taking to the highways and the water for safe getaways during the pandemic — powering one of the few bright spots in lending. However, bankers warn that boomlets usually come with distinctive credit risks.
October 7
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Last year, credit unions surpassed 291 million members in 118 countries.
October 7
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Many community banks need brokered deposits to help fund loans, so policymakers must strike the right balance between promoting liquidity and guarding against reckless lending.
October 7
Peoples Bank -
The number of religiously affiliated credit unions continues to dwindle and many have changed their name as part of a push to diversify their fields of membership.
October 5
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The Georgia company will add nearly $200 million in assets as part of the acquisition.
October 5 -
Climate First Bank, which would be led by veteran banker Ken LaRoe, would offer loans to help individuals and organizations make environmentally sound decisions.
October 5
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New rules on shareholder submissions of proxy proposals could help banks fend off demands to disclose more pay data, cut financing to fossil fuels companies and adopt other reforms.
October 4
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The expansion will give the $416 million-asset institution a deeper reach into southern parts of the state.
October 2
