Commercial lending

With President Trump signing the regulatory relief bill into law on Thursday, credit unions expect to see a host of benefits, including changes to MBL regs, HMDA exemptions, changes to the QM rule and more.

The Canadian banks' second-quarter profits were also boosted by double-digit income growth at their U.S. operations.

The agency's bulletin opens the door to banks' making more short-term loans to borrowers with lower credit scores — with few parameters beyond "sound underwriting."

A major study recently named the $2.5 billion-asset CU the No. 1 performing credit union in California.

For many borrowers, near-guaranteed approvals and faster turnaround times are more important than the lower rates offered by banks and credit unions.

MapleMark Bank, which was known as First National Bank of Edgewood when it was bought by an investment group last year, will use the funds to support commercial lending and private banking.

Seacoast in Florida slashed the time it took to make 7(a) loans within months after establishing a partnership with an online lending startup.

A British court throws out Serious Fraud Office charges that the bank conspired with Qatari investors to prop it up; investigators open 70 cases against potentially fraudulent cyber deals.

CEO Tim Sloan said that the bank has "pulled back enough" on auto lending and is poised to grow the business again.

The high multiple Fifth Third is paying for MB Financial raises questions about whether it can cut enough costs, realize enough growth and win over skeptical investors.

The company has also hit its goal of having half of total loans tied to customers around Atlanta.

While reform legislation for banks is just around the corner, market signals suggest the economy could be headed toward another downturn.

Banks feeling the pressure in commerical lending from lightly-regulated, cash-flush competitors; financial institutions take "an increasingly militarized approach" to fighting cybercrime.

The credit union service organization now offers real estate services to a dozen CUs in Florida.

JPMorgan and Santander show off their uses for the technology; commercial and industrial loans outstanding are rising.

Acting CFPB Director Mick Mulvaney has dropped agency plans to crack down on overdraft programs and large marketplace lenders. Here's what else he's changing.

The most common credit union mergers involve a small credit union being acquired by a much larger one, but that could be changing, as three recent deals involving credit unions with more than $300 million in assets as the ones being merged out.

Regulatory burden was the dominant theme of a roundtable discussion, but executives are also concerned about their ability to attract skilled workers and they have mixed feelings on how corporate tax cuts are affecting customers' decisions.

Bigger credit unions present a formidable challenge for banks in areas such as business lending.

Silicon Valley Bank expects to receive a banking license from Germany's Federal Financial Supervisory Authority by the end of May and to open its first German location in Frankfurt in the coming weeks.