The average turnover rate has risen to 23% this year from about 16% in 2021, according to a Crowe Global survey of more than 400 banks. Raises and more generous benefits aren't enough to keep workers, the firm warns.

Veritex Holdings announced that its deal to buy interLINK has been terminated by the seller's parent, StoneCastle Partners in New York. No reason was given, though Veritex says regulatory pushback was not to blame.

The credit-cards-as-a-service model allows small banks to develop more products — and keep more revenue — than they had when working with agent banks.

After the Office of the Comptroller of the Currency cracked down on a $2.8 billion-asset bank, industry observers expect more scrutiny of the ties between banks and financial technology startups.

Banks make up just 10% of the client base for Eltropy, which hopes to increase that number through two tech acquisitions that add video banking and artificial intelligence capabilities.

Amid flooding and a lack of drinking water, Regions Financial announced a slate of fee waivers and loan deferrals, alongside a donation to a local United Way. Cadence Bank is supplying fresh water to ensure it can keep its doors open.

The reduction in banks' assessments marks the fourth time in four years that the OCC has cut the semiannual regulatory fees that fund supervisory work.

Merely telling employees what to do may get the job done, but telling them why they're doing it fuels engagement.