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The Connecticut company, which will top that asset milestone when it buys United Financial, says it could acquire more banks in coming months.
July 16
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Total and core deposits fell in the second quarter from three months earlier at the Los Angeles bank as consumers sought higher yields, but CEO Matt Wagner said assuring proper funding for loan growth is a priority.
July 16
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The offering would mirror a similar move by Charles Schwab to offer clients a new pricing plan for its robo service.
July 16
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The bank has been slashing expenses, but executives acknowledged they remain high. Between having to hire thousands of compliance employees and waiting on the next CEO to be named, investments in new technology or other long-term growth are limited.
July 16
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David Cerwinski, who joined the CUSO in 2006, was appointed president of the technology provider.
July 16
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Credit unions across the country continue to bulk up their staff at all levels of the organization.
July 16
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The Memphis, Tenn., regional will explore the use of voice assistants as part of its digital banking push.
July 16
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The new funding comes as the challenger bank inches closer to gaining regulatory approval for a national bank charter.
July 16
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The likelihood of Fed rate cuts is causing banks to plan for less net interest income, but it would be a mistake for JPMorgan to back off its move into new markets and tech investments, Jamie Dimon says.
July 16
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Resistance to Libra on the Senate Banking Committee was bipartisan, and other takeaways from Tuesday’s hearing.
July 16
