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The delay has analysts worried that Customers Bancorp will also postpone the sale of BankMobile, which was slated to take place during the first quarter.
February 3
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American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
February 3
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The deal marks a milestone in SoFi’s evolution into a private bank for millennials, but it won’t solve the challenges of the alternative lender’s funding model.
February 3
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Traditional banks may need to think twice about putting off higher rates on CDs and other deposit products. That’s because freer-spending online banks are adding deposits faster than they are, and more Fed rate hikes are expected to fuel that trend.
February 2
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Dorothy Savarese and Rebeca Romero Rainey now chair two important trade groups … Mary Lynn Lenz, Patti Husic and Terry Jorde weigh in; Barclays CEO Jes Staley talks hiring diverse leaders and how to keep them; and more.
February 2
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They are not a number to be pushed through an algorithm. They are people, each with unique goals and stories.
February 2
TD Bank Group -
Over the last five years, the credit union also saw a 66% rise in membership, 204% increase in auto loans and a 26% uptick in real estate loans.
February 2
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United continues to extend a far-flung operation that includes branches in Chicago, Denver and Florida.
February 2 -
Arkadi Kuhlmann, the founder and CEO of the neobank Zenbanx who pioneered branchless banking at ING Direct, explains why he stopped pursuing a bank charter and made a deal with Social Finance.
February 1
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The American Bankers Association has added a feature to its national crime database to help banks monitor and analyze ATM skimming.
February 1
