Banking

America's farms have taken on near-record levels of debt in recent years, and commodity prices and trade wars are putting pressure on farm country. That could spell bad news for bankers that lend to them.

Executives at the Minneapolis bank, who expect two Fed rate cuts this year, said they can rely on growth in noninterest income to soften the blow.

After FASB's decision to give most banks extra time to prepare, lobbying groups are pushing for more.

Bank of America says rate cuts could reinvigorate mortgages and that its digital and cards strategies will help it grab more market share to offset shrinking margins.

The former mutual, which had faced pressure from an activist investor, agreed to be sold to Corporate America Family Credit Union.

The South Dakota company warned that it will charge off millions of dollars in loans to dairy and cattle farmers.

Alleged discrimination over immigration status is the latest legal headache for Wells Fargo.

It's created a new digital assets and distributed ledger group, trades bitcoin futures and is funding a crypto exchange.

CEO William Demchak, encouraged by early returns from new branches in Dallas and Kansas City, Mo., plans to enter even more markets.

The purchase of Ben Franklin Bank is the latest deal in a year that has seen a record number of CUs buying out the competition.

The decision gives the vast majority of banks and credit unions another year to implement the controversial accounting method for loan losses.

The Texas bank said it was setting aside higher provisions for credit losses as private investments are drying up in a volatile oil and gas market.

The Minneapolis bank reported growth across several lending and noninterest income categories in the second quarter, which offset net interest margin pressures and declining deposit service fees.

Banks can fine-tune their apps so the customer doesn't give up halfway through a cumbersome sign-up process.

Gains in the retail division helped drive overall profit to a record for a fifth consecutive quarter as mortgage activity surged and provisions for bad loans posted a surprise drop from the first quarter.

Low rates spur more retail lending at big U.S. banks as trading revenue drops; the company’s plan to create its own digital currency runs into more opposition.

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The Connecticut company, which will top that asset milestone when it buys United Financial, says it could acquire more banks in coming months.

Total and core deposits fell in the second quarter from three months earlier at the Los Angeles bank as consumers sought higher yields, but CEO Matt Wagner said assuring proper funding for loan growth is a priority.

The Memphis, Tenn., regional will explore the use of voice assistants as part of its digital banking push.