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In May's roundup of American Banker's favorite stories: Washington state plans to provide mortgage assistance to help address historical discrimination, an insider look at how Comerica is faring with the Treasury's Direct Express program, the fall of First Republic Bank and more.

But when compared past periods of upheaval, those rates remain relatively low, the Mortgage Bankers Association report showed.

The ill-conceived proposed rule would increase costs for a significant majority of credit card customers.

All In Credit Union's acquisition of $115 million-asset SunSouth Bank will push the credit union above the $3 billion asset mark.

U.S. banks lost 2.5% of their deposits during the first quarter while credit unions saw a 2.1% quarterly increase, according to an S&P Global Market Intelligence analysis. Aggressive marketing — and credit unions' relatively untarnished reputations — helped motivate the shift.

The search giant is adding travel, health care and other consumer services to encourage users to stay within its ecosystem.

Mobile banking offerings at midsize banks scored below those of their larger peers in a recent customer satisfaction survey. At a time of rising interest rates, consumers are increasingly valuing digital offerings that act as money movement hubs, experts say.

Will this Change the Payments Economic Model?

As legalization occurs across the U.S. the payments industry will need to be ready. Uncertain politics and challenging regulatory issues leave cannabis financial services leaders under constant pressure. 

How are banks partnering with fintechs around digital adoption and supporting underserved and unbanked populations through easy-to-use digital solutions such as digital wallets, mobile banking, and digital payments?

The Pago Transaction Gateway allows payment processors to offer crypto payments to their merchants.  We will discuss how consumers can on-ramp funds, securely make payments, and how merchants can off-ramp the collected funds to traditional bank accounts.  

Nearly two out of three finance chiefs surveyed by Piper Sandler said they were most worried about deposit costs in the aftermath of recent bank closures. Only 7% cited credit quality as their top reason for unease.

Banks across the country have had deposit guarantees since 1998. By extending this to credit unions, Ukraine can provide economic stability while also improving its chances of joining the European Union.

House Republicans will likely need to gain support from Democrats to get the debt limit deal through a critical vote in the House Wednesday evening.

Potential uses for banks include risk analysis, investment portfolio construction and financial crime monitoring.