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The lending arm of U.S. Department of Agriculture guaranteed 3,439 single-family construction loans in the first quarter of fiscal year 2017, which ended Dec. 31, but just nine of those loans involved its new single-close construction to permanent financing option.
January 5 -
The $407 million-asset company said in a press release Thursday that it paid about $4.2 million to redeem roughly 4,400 shares of preferred stock from the Treasury Department, representing a $152,000 discount.
January 5 -
A California consumer group on Thursday urged the Senate Finance Committee to delay Treasury Secretary-designate Steven Mnuchin's nomination hearing after a leaked 2013 memo described alleged illegal foreclosure practices at OneWest Bank when he was chairman and CEO.
January 5 -
One of the designers who worked on Kasisto's chatbot Kai argues that technologists are perpetuating female stereotypes; SoFi has some unusual ideas about how to get to know its customers better; and Fidelity gives in to the ETF trend. Also, Cathy Engelbert, Barbara Boxer and Megyn Kelly.
January 5
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Fifth Third Bancorp in Cincinnati has a new chief legal officer.
January 5 -
Community Bank System in DeWitt, N.Y., has overhauled several board committees to prepare for crossing $10 billion in assets.
January 5 -
We need more and bigger black-owned banks, not just a surge of deposits for a few institutions, especially if those institutions have not proven that they adequately serve the black community.
January 5
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Washington Federal Chairman and Chief Executive Roy M. Whitehead will hand off his CEO duties to Brent Beardall this spring.
January 5 -
2016 was very good to these financial services executives, who succeeded where others failed, sold their businesses for large sums, felt the love of regulators or could finally breathe a sigh of relief.
January 5
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Carolina Alliance Bank in Spartanburg, S.C., is planning to form a holding company.
January 5
