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American State would be the largest bank buyout for Equity, which has acquired 17 banks since 2003.
May 17 -
The legislation would bar firms that receive government contracts from discriminating against firearms companies. Smaller banks have quietly dropped their opposition in hopes of gaining more municipal bond business.
May 17 -
In letters to regulators and lawmakers, bankers and their trade groups argued that deals like Vystar Credit Union's proposed acquisition of a small Georgia bank could result in less community development lending and declines in federal tax receipts.
May 14 -
Companies from Bank of America to PlainsCapital have ditched dull webinars and found more engaging ways to train workers to show empathy to clients and explain bank programs.
May 14 -
Michael Butler relied on partnerships with tech startups in areas such as checking and mobile banking to turn Radius into a digital-only bank before its sale to LendingClub. As the new CEO of Grasshopper Bank, he plans to strike similar deals to expand beyond business lending.
May 14 -
Some banks are removing the term “sales” from training materials out of fear regulators will accuse them of unethical, high-pressure tactics. But that’s an overreaction to federal probes of extreme cases — sales are essential to growth.
May 14
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The best-performing banks' revenue rose at nearly twice the rate of expenses thanks to mortgage refinancing and the Paycheck Protection Program.
May 14 -
The deal should allow the prepaid card issuer to expand its footprint in a business it entered seven years ago.
May 14 -
Christine Channels will oversee a group of branches focused on low- and moderate-income areas, according to a memo from executives who run the division.
May 14 -
Five payments of $20 seems less detrimental to a wallet than a one-time $100 fee, says Four's Chaim Lever.
May 14
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