Commercial lending

The startup — whose backers include CitiVentures, SVB Capital and Microsoft's venture fund — says it's building an end-to-end platform for small businesses that integrates loans, checking, payments and other services.

The 2015 decision posed new legal challenges for institutions trying to sell loans to third parties, but the federal regulatory agency proposed steps Monday for banks and debt parties to evade state interest rate caps.

Earnings hit could be avoided if BB&T and SunTrust complete deal by 2020; Fannie and Freddie will likely exit conservatorship by 2024, Calabria says; tired of paying 'ransom' to core vendors, two small banks fund new one; and more from this week's most-read stories.

Member business lending growth has fluctuated in recent years but growth overall is slowing even as balances continue to rise. The long run of success could prove to be a problem when the economy finally turns south.

Banks are putting more effort in deposit gathering and fee-based products to offset thinning margins and increased payoffs by small-business clients.

A similar bill was introduced into the House earlier this year and both pieces of legislation have have bipartisan support.

Gov. Phil Murphy signed an executive order Wednesday establishing a board that would come up with a plan to create a public bank in New Jersey.

So far farm loans are holding up well, but bankers gathered at an industry conference this week said they are growing increasingly concerned that credit quality will weaken if the U.S. and China don’t reach a deal soon.

Community bank leaders at an ABA-hosted meeting questioned the timing for a new accounting standard for loan losses and discussed their struggles to keep pace with new technology.

HMBradley will assign interest rates according to how much customers set aside from direct deposits each month.