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The promotion of “insured” accounts by nonbanks and fintechs is a worrying trend, because it could leave customers falsely believing their accounts are just as safe as FDIC-insured ones.
December 21
Consumer Bankers Association -
Selling $1.6 billion in mortgages, and paying off a similar amount of wholesale borrowings, will allow the company to expand its net interest margin in 2019.
December 21 -
Amid rising rates and a surge in lending, credit unions will need to find additional sources of deposits to fund growth.
December 21 -
Among the most innovative CEOs of his generation, the former Umpqua chief and Pivotus founder is taking some of his best ideas to a new fintech as an adviser.
December 20 -
Student loan debt — now at $1.5 trillion in the U.S. — is arguably the greatest pain point for consumers in their 20s and 30s. To court that demographic, banks are increasingly offering help with refinancing and repayment.
December 20 -
The Massachusetts senator and critic of Trump administration policies sent the new CFPB director an expansive list of to-do items for her first month on the job.
December 20 -
The federal banking regulators have proposed allowing more directors and management officials to serve at more than one institution in an effort to provide relief to community banks.
December 20 -
David Rupp was CEO of Four Oaks Fincorp in North Carolina when it sold itself to United Community Banks last year.
December 20 -
The FDIC has approved more new banks this year than in the last four years combined. Here is a look at the class of 2018.
December 20 -
Detractors are suddenly hopeful that the controversial accounting standard could be delayed or altered after FSOC's longer-than-expected closed session on the issue.
December 20













