Retail & Commercial

No-fee digital bank accounts subsidized by the Federal Reserve would help community banks draw in new customers and pay for technology upgrades, proponents of the idea say. But it's a hard sell to executives skeptical of government involvement in retail banking.

The fintech specializes in lending to dentists, veterinarians and other solo providers looking to grow or establish their own practice.

Sunwest Bank in Irvine, California, lets business customers open new checking accounts completely online, a technology challenge some large and regional financial institutions have yet to tackle.

Southern Bancorp, a community development financial institution, will devote part of a multimillion-dollar investment from the payments giant to developing technology that helps consumers budget, buy a home and more.

In buying the $1.5 billion-asset County Bancorp, Nicolet would become the second-largest bank in Wisconsin and the state’s No. 1 dairy lender. It's the second bank acquisition deal Nicolet has announced this quarter.

Cannabis, though still illegal at the federal level, continues to inch into the financial mainstream. Small credit unions and lenders as large as Valley National and East West have moved beyond just taking deposits from marijuana companies.

Revolut is in the early stages of a fundraising round that could value the British company at $20 billion or more.

On Mar. 31, 2021. Dollars in thousands.

Goldman Sachs Group has begun offering cash management and treasury services in the U.K. as it builds out its new transaction-banking arm.

The new calculation of borrowers’ monthly obligations will allow for a higher debt load from tuition, potentially opening eligibility to more Black applicants, according to public officials.