WESTERLY, R.I. - (08/15/05) -- Westerly Community CU announced ithas donated $25,000 towards the $2.2 million Stand Up for Animalscapital fund financing a new animal shelter here. The fundraisingdrive was also aided by a $200,000 federal grant from the U.S.Department of Housing and Urban Development. The shelter willoperate on a no-kill policy and will provide 150 cat and 45 dogkennels, as well as offer space for rabbits, hamsters, guinea pigs,birds, birds and snakes.
The company, formerly known as LendingClub, moved from NYSE to Nasdaq as it officially launched its new name as a full-fledged digital bank.
Critics of the OCC's broad preemption stance say the OCC is resurrecting an approach Congress curtailed after the financial crisis, setting up another Supreme Court test over the balance between federal banking powers and state consumer protections.
Keweenaw Financial plans to acquire neighboring Range Financial in a transaction that would create an institution with nearly $1.7 billion of assets.
In 2024, a Honduras-born man who was buying a motorcycle was turned down for a loan. Two years later, Truist Financial is facing a discrimination lawsuit — and the plaintiff's lawyer says many lenders are vulnerable to the same accusations.
The nation's largest banks saw their aggregate capital levels decline the least since the stress testing regime was reformed in 2020. Even so, the Fed will keep stress capital buffers unchanged as it weighs structural changes to its annual capital test.
The Atlanta-based parent company of Ameris Bank plans to open a commercial banking office in Tennessee's largest city by the end of the year, as part of its organic growth strategy.
