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The Wisconsin bank's pending acquisition of 32 Huntington branches would boost its ability to make more loans, but like other banks it said deposit costs are cutting into margins.
April 25 -
Stephen Steinour said it was pure conjecture that Huntington was a possible suitor for the Dallas bank if it decides to put itself up for sale at some point. He emphasized Huntington's core-growth strategy and upbeat economic signs from consumers and businesses.
April 25 -
Larger institutions in particular have made banking so convenient that customers see little reason to move their accounts, according to a new report from J.D. Power.
April 25 -
Earnest hopes offering a streamlined process can help it thrive in a risky niche.
April 25 -
The San Antonio bank reported 6.8% growth in loans, but Phil Green said he was unwilling to match overly generous prices and underwriting terms that he is seeing in the market.
April 25 -
The nation's first credit union saw an 88.5% increase in net income for 2018 thanks to a variety of factors, including a one-time payout from the National Credit Union Administration.
April 25 -
The Oklahoma company will pay $122 million for a bank with three branches in Dallas.
April 25 -
The institution had considered a merger of equals that was never finalized before deciding to change its name to Elevate Credit Union.
April 25 -
Deutsche Bank and Commerzbank end merger talks; the digital money transfer unit has more than 40 million digital users, second only to JPMorgan Chase.
April 25 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Blockchain B2B advances in China; Brave adds new ad incentives; New crypto wallet; New York prosecutors win a bitcoin laundering case.
April 25 -
Credit union share of the credit card market is at a record high but there are concerns that this debt could begin to sour if the economy turns.
April 25 -
As with the debate over guns, climate change and other social issues, banks may find themselves pressured to do more to address the country's wealth gap.
April 24
American Banker -
The Wilmington, Del., company's new product relies on technology developed by Earnest, a startup that it acquired in 2017.
April 24 -
Investors seem to be betting that a long-rumored sale of the Dallas company is on hold now that it has named a new CEO, but analysts say it remains an attractive takeover target for a larger regional bank.
April 24 -
At a fintech event hosted by the FDIC, the agency’s chief and the head of the OCC offered their views on a wide range of matters.
April 24 -
The Delaware company said newly formed NewLane Finance will use "advanced technologies" to provide expedited financing decisions.
April 24 -
SmartFinancial lined up a compelling merger with Entegra. Then a bigger bank offered more money and a higher premium.
April 24 -
A panel of federal judges determined that Think Finance and an online tribal payday lender must comply with state interest rate and licensing laws.
April 24 -
In the months ahead, the Birmingham, Ala., bank will drop Compass from its name across all of its branches and digital properties. It’s part of a broader plan by its Spanish parent Banco Bilbao Vizcaya Argentaria to unify its brand worldwide.
April 24 -
David Tyrie, the bank’s new head of digital banking, discusses plans to offer customers constant course corrections and its new Life Plan product, and the latest on the virtual assistant Erica.
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