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The company recently completed its purchase of Central Bancshares. Following a methodically spaced-out integration, management expects it will be in a special position to do more deals in the state because MidWestOne is publicly traded.
May 7
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Wells Fargo and other banks are testing the use of mobile devices to authenticate consumers in the drive-through lane. The pilot, designed to expedite service and improve security, serves as the latest example of a growing trend: preordering banking services via digital devices.
May 7 -
The Patriot Center at George Mason University is about to be renamed EagleBank Arena.
May 7 -
One more quick illustration of why bank customers and regulators are demanding that the U.S. move to a real-time payments system.
May 7
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Trans Pacific National Bank in San Francisco has named ex-Chicago banker Bob Lussier its president and chief executive.
May 7 -
Elmira Savings Bank in New York has repurchased a warrant from the federal government that had been issued as part of the Troubled Asset Relief Program during the financial crisis.
May 7 -
New York Attorney General Eric T. Schneiderman announced Thursday the introduction of a newly expanded Abandoned Property Neighborhood Relief Act, legislation aimed at curbing the number of abandoned foreclosed homes, also known as zombie foreclosures.
May 7 -
Fannie Mae, the mortgage-finance company operating under U.S. conservatorship, will pay the Treasury Department $1.8 billion after reporting net income of $1.9 billion for the first quarter.
May 7 -
The regulators have spelled it out: If a bank wants relief from onerous compliance requirements, a path to get there is to use simple, basic practices for credit risk management.
May 7
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Bank of the Ozarks in Little Rock, Ark., has agreed to buy Bank of the Carolinas in Mocksville, N.C.
May 7
