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With the move, the Mississippi bank would no longer be regulated by the Federal Reserve. The decision comes after the bank struggled with Bank Secrecy Act and Community Reinvestment Act compliance.
July 28 -
Next month, India Prime Minister Narendra Modi’s government will begin amassing a warehouse of virtual information collected not just from traditional sources like banks but also from social media sites, as it looks to match residents’ spending patterns with income declarations, said people familiar with the matter.
July 28 -
At least one winner has emerged from India’s crackdown on so-called black money: the country’s richest banker.
July 28 -
Starbucks has hit a mobile payments milestone, with 30% of all U.S. transactions now coming through mobile, and to smooth operations surrounding its popular Mobile Order & Pay service, the company is introducing digital-ordering specialists at its busiest stores.
July 28 -
The New Jersey company reported lower quarterly profit that included professional fees tied to addressing an informal order from regulators.
July 28 -
Southwest Bancorp, frustrated with a lethargic stock price, opted to find a buyer last summer. It was holding talks with Simmons First when the post-election run-up in bank stocks gave its shares an unexpected lift. Did it do the right thing by proceeding?
July 28 -
Children also will receive school supplies, financial literacy resources.
July 28 -
After its CEO struggled with the college planning process for her daughter, a new in-house team was established at CommunityAmerica CU to assist members with everything from choosing a school to deciding how to pay for it.
July 28 -
Mendo Lake CU, Community First CU will join core systems this weekend.
July 27 -
All Rose City staff and executive team members will retain their jobs post-merger.
July 27 -
Valley National's latest acquisition would make it a much bigger player in Florida and provide a platform to write more auto loans. Both markets present attractive returns but high risks.
July 27 -
Amazon.com Inc. is kicking off in Singapore with its most aggressive service yet, offering the Prime Now two-hour delivery service on everything from chilled Tiger beer to Samsung mobile phones.
July 27 -
The company will also gain $260 million in loans and $180 million in deposits from Banner Corp.
July 27 -
The company has agreed to buy Puget Sound Bancorp to expand in a competitive, fast-growth market.
July 27 -
20 Minnesota credit unions now offer the program, members have put $3.5 million in 5,000 accounts.
July 26 -
The Texas company would add seven branches and more than $300 million of assets by acquiring Valley Bancorp.
July 26 -
First Financial in Ohio is buying MainSource in Indiana — with a twist. MainSource's leader will become CEO.
July 26 -
Atlantic Bay Mortgage Group has agreed to buy a majority stake in Virginia Community Bank in a rare instance of a nondepository mortgage company buying a bank, rather than the reverse.
July 26 -
Snapdeal’s co-founders are resisting the latest acquisition bid from rival Flipkart Online Services Pvt. and the company’s board plans to let all shareholders vote on the offer to reach a final resolution, according to people familiar with the matter.
July 26 -
The acquisition would be Valley's third in the Sunshine State since 2014 and would give the New Jersey company its first branches in Alabama.
July 26





















