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February 24, 2020

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Daily Edition

TRENDING

Unbanked

New pressure on banks to offer affordable consumer accounts

Both the Federal Deposit Insurance Corp. and the American Bankers Association are encouraging the industry to offer basic products that could bring more unbanked households into the financial mainstream.

By Kevin Wack

1h ago
Community banking

Univest in Pennsylvania to shutter a fifth of its branches

The company will close eight locations, noting that customers have been quick to adopt digital channels during the coronavirus pandemic.

By Paul Davis

3h ago
Community banking

Can CDFIs help their communities while keeping investors satisfied?

Southern Bancorp in Arkansas, which raised $35 million in capital from private investors, is out to prove that that community development financial institutions can deliver attractive returns and fulfill their missions to help the underserved.

By John Reosti

4h ago