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The proposal to push up some federal deposit insurance coverage to $10 million per account would encourage banks to take excessive risks while leaving consumers with the bill.

Advances from the Federal Home Loan Banks dipped in the third quarter, but experts do not necessarily see the dip as a sign of ample liquidity in the economy.

Profitable community banks based in Georgia and New Mexico have announced deals to sell themselves to credit unions this week, drawing the ire of banking advocates.

A "spike in unusual traffic" caused service degradation for the infrastructure giant, disrupting digital banking for customers.

Brady Lochte is the founder and financial advisor at Axon Capital Management, a fee-only fiduciary RIA based in Georgetown, Texas.

The West Reading-based bank has opened three offices in California and two in Nevada, continuing its strategy of establishing a presence in high-growth markets around the country, CEO Sam Sidhu said.

Award-winning writer and editor Shawn Moynihan is a seasoned insurance journalist, and served as editor-in-chief of both National Underwriter Property & Casualty and Reactions magazine.

Chris Wilmot is chief financial officer of Medius. He has more than two decades of experience in analytics and global business strategy, most recently serving as CFO at Qualitest Group. He also held CFO roles at Clarion Events and BT Global Services, driving rapid development and overseeing financial performance internationally.

Witnesses and lawmakers at a House Financial Services Committee hearing gave a more downcast view of a Senate deposit insurance reform proposal, with many House committee members expressing cost concerns.