MONTPELIER, Vt. - (02/11/04) -- State lawmakers introduced a creditunion reform bill this week that would clarify the parityprovisions in the state statute and allow Vermont's 32 statechartered credit unions to make member business loans for the firsttime. The bill is almost identical to the one that died in lastyear's legislature. The measure would also allow state charters tobranch interstate for the first time. The bill was drafted by thestate's banking commissioner.
Diligence Capital Management is pushing the beleaguered bank to add directors with bank turnaround experience. Eagle has been searching for a new CEO after getting battered from losses tied to its commercial real estate portfolio.
Cambridge Savings Bank has been stockpiling capital. Now its CEO says it's willing to part with a portion of that stash if the right opportunity presents itself.
A federal judge said Friday that the Trump Organization will have three months to collect new evidence and refile its complaint. It alleges that Capital One illegally closed hundreds of its accounts following the Jan. 6, 2021, attacks on the U.S. Capitol.
The new executive order could add lender competition for self-employed borrowers, potentially via a small loan carveout and one for portfolio products.
There were an estimated 630,000, or 46.3%, more home sellers than buyers in the United States in February, according to a Redfin report.
Huntington is among the banks investing in technology that embeds payments and financial services into nonfinancial functions — a move designed to counter the encroachment of digital wallets and fintechs.
