SAN FRANCISCO - (08/30/05) -- The Federal Home Loan Bank of SanFrancisco said it has cut its second quarter dividend to 4.21%,compared to 4.68% for the second quarter last year. Dividends arepaid on stock owned by the San Francisco bank's 363 member/ownersin California, Arizona and Nevada, including 40 creditunions.
A bottleneck at the Small Business Administration in clearing federal small business loans because of the ongoing federal government shutdown is becoming an increasingly urgent issue for small and even some midsized banks.
BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
A report from J.D. Power indicates that the neobank Chime gained the highest percentage of newly opened checking accounts in the third quarter of 2025.
The court upheld the Federal Reserve Board's right to block Custodia from direct access to its payment systems. The bank is considering asking for a rehearing.
The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
