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The best-performing larger Main Street Banks, those in the $2 billion to $10 billion asset class, were asset sensitive, a position that worked to their advantage as rates continued to climb in 2023.
June 23
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The head of digital product management, platforms and innovation at BMO Bank is one of American Banker's 2024 Innovators of the Year.
June 21
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The founder and CEO of Owners Bank, a division of Liberty Bank, is one of American Banker's 2024 Innovators of the Year.
June 21
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Why banks believe fraud prevention and customer experience are both top priorities
June 21
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Vancouver, Washington's Riverview Bancorp announces Nicole Sherman as its next president and CEO; Happauge, New York-based Dime Community Bancshares is expanding its deposits strategy to Manhattan; UBS hires Guggenheim banker Ananya Das; and more in this week's banking news roundup.
June 21
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U.K. banks are testing machines that can accept deposits from multiple machines.
June 21
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The Honolulu bank is raising $165 million through depositary shares, a move that two observers said would help boost its below-average leverage ratio.
June 20
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A federal judge granted a preliminary injunction sought by industry groups that sued to block a Colorado law. The law, which would cap interest rates on consumer loans, targets partnerships between fintechs and out-of-state banks.
June 20
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PeoplesBank and Cornerstone Bank entered into an agreement to combine their holding companies in a deal slated to close early in 2025. The banks would continue to operate separately.
June 20
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In a win for credit card issuers, a lawsuit challenging the Consumer Financial Protection Bureau's $8 credit card late fee rule will remain in a Texas court and not be transferred to Washington, D.C.
June 20
