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Citizens Financial Group plans to merge its two banking charters into a single national bank. The move would make the OCC the bank's primary regulator and eliminate the costs of dealing with the FDIC and state officials.
May 10 -
Japan's biggest bank has been accused by New York officials of dodging tough oversight by swapping its state license for a federal one, putting itself under a U.S. agency on the front lines of President Donald Trump's push to ease financial rules.
April 26 -
The holding company for Union Bank — itself a unit of the Japanese giant Mitsubishi UFJ Financial Group — is on a mission to double its size and become one of the nation's 10 largest banks. Under Steve Cummings, its first-ever American CEO, MUFG Americas has expanded middle-market lending and amassed $3 billion of consumer deposits through its new online bank. Is a splashy acquisition next?
March 26 -
Mid-Southern Bancorp could use proceeds to make more loans or to pursue acquisitions.
March 26 -
Anyone who lives, works or worships within a five-county region can now join the Fort Worth, Texas-based credit union.
December 28 -
Delaware-based CU's new charter will allow it to branch out further into the First State, as well as into Maryland.
December 8 -
Sens. Elizabeth Warren, D-Mass., and Chris Van Hollen, D-Md., sent a letter to OCC officials suggesting that Bank of Tokyo was trying to avoid an investigation by New York examiners when it switched to a federal charter.
November 20 -
Bridge Bancorp, which plans to rebrand is bank as BNB Bank, also plans to boost 2018 profit by $3.3 million by closing 14% of its branches.
November 16 -
The $73 million CU is transitioning to a state charter to expand to other communities
October 24 -
The credit union cited local supervision and lower regulatory fees as part of its reason to switch to a state charter.
August 14