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The acquisition of Farmers & Merchants Bank created a bank with more than $200 million in assets.
October 15
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Its quarterly results show lower rates and emerging credit risks can be overcome. Whether most banks have all the same levers to pull is another matter.
October 15
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The tiny Monarch Federal Credit Union joined Firefighters & Company FCU in order to offer its 1,000 members a wider range of products.
October 15
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BofA’s do-no-harm approach to AI; looking at what comes next for Fannie and Freddie now that they get to keep their earnings; ruling cuts short debt collectors’ victory lap over CFPB proposal; and more from this week’s most-read stories.
October 11
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Despite a strong economy, volume in the agency's flagship loan program has declined for two straight years. Here's why.
October 10
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The Long Beach, Calif.-based institution can now serve workers from the healthcare industry in six counties.
October 10
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MetroCity Bankshares has said it could use the proceeds to open branches or pursue acquisitions.
October 10
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The financial industry should take notes from regulators that have diverse leadership.
October 10
FS Vector -
The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t overreaching.
October 9
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All personnel will qualify for up to six weeks of paid leave following the birth, adoption, or foster-care placement of a child in their home, the agency said.
October 9
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A thorough process for approving experiments with artificial intelligence, clear philosophical principles and diverse human involvement are some of the ways BofA says it's working to ensure AI does no harm.
October 8
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Investors expect banks to be honest and transparent about employee wages.
October 8
Arjuna Capital -
The Wisconsin company will have 15 branches in its home state on completing the acquisition.
October 7
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The company has agreed to buy a portfolio of commercial loans from Santander Bank.
October 7
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Credit unions now have until Nov. 30 to apply for Community Development Financial Institution certification.
October 7
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Hawaii Pacific Federal Credit Union merged into the Honolulu-based institution last week.
October 7
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Ziv Biron succeeded Uri Levin, who was named CEO of Discount Bank, IDB's Israeli parent company.
October 7 -
Once the Pennsylvania Credit Union Association and the New Jersey Credit Union League complete their merger, the group will go by CrossState Credit Union Association.
October 7
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The merger of Bi-County PTC Federal Credit Union into BlueOx is expected to be completed on Jan. 1.
October 7
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Even with fee revenue already down, Oregon-based Providence FCU has cut its overdraft fees by half. Some analysts say the move could pay off if the economy goes south.
October 7
