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It's long been understood that there's a digital divide between Black banks and credit unions and other depositories. A new Urban Institute analysis looks at the prevalence of online banking services and mobile apps — and finds a chasm between the haves and have-nots.

A decline in deposits at many banks is putting upward pressure on loan-to-deposit ratios, a key metric of liquidity. The sharpest increases have come at banks with between $3 billion and $10 billion of assets.

The investment firm is partnering with Appian, a low-code software company, to ramp up automation.

House Financial Services Committee Chairman Patrick McHenry's, R-N.C., bill would overrule state privacy rules.

Despite the positive trajectory, a joint report from the Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency pointed to potential distress on the horizon.

Jodie Harris is leaving the Community Development Financial Institutions Fund this spring to be president of the Philadelphia Industrial Development Corp.

TD Bank gets approval to buy a U.S. brokerage, Western Union adds installment payments, and American Express is awarding $1 million in grants to restaurant operators. These stories and more in banking news this week.

Employees at LMCU's Bonita Beach Road location in Florida announced their intent to organize to address claims of being overworked.

The fresh round of sanctions and export controls on more than 250 individuals and entities includes MTS Bank, which has branches in Moscow and Abu Dhabi.

Reducing access to funding would harm both homebuyers and communities across the country.