Economy

By applying to become an industrial loan company, the fintech would be able to use insured deposit accounts as a cheap source of funding without having to comply with the tough rules banks face.

Concerns about an economic slowdown, rising deposit prices and cybersecurity abound, a survey found.

The interagency panel formed to head off approaching systemic risks must figure out its next move after having undone designations of nonbank firms.

The former credit union will shed its mutual status when it becomes a fully stock-owned company.

The biggest U.S. bank says it will break off its relationship with the private-prison industry after deciding it's too risky.

Gulf Atlantic Bank would be the eighth bank in the market, and just the second with local ownership.

The banks have no choice but to pick a new name, marketing experts say, but good luck: The best ones may already be taken, made-up names can sound forced, and any change might nudge more customers to rethink their loyalties.

Add the Alabama company to the list of lenders that are disappointed in the returns on loans made through car dealers and their inability to build broader relationships with those borrowers.

Several groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC.

On Sep. 30, 2018. Dollars in thousands.