Financial institutions

Data as of Mar. 31, 2022. Dollars in thousands.

Data as of Mar. 31, 2022. Dollars in thousands.

The growth opportunity is there, the brand trust is there, the clients are there — it’s the banks that are largely absent.

Non-depository institutions originated an even greater share of all home loans compared to the year before, according to the Federal Financial Examination Council’s latest analysis of Home Mortgage Disclosure Act data.

Community development financial institutions proved themselves indispensable during the COVID-19 pandemic. They have earned a seat at the table.

The nonprofit First Step Alliance is working to launch Diverge Federal Credit Union, which plans to offer loans to cover the costs of gender affirmation surgery for individuals and adoption for same-sex couples.

Year to date Dec. 31, 2021. Dollars in thousands.

On Dec. 31, 2022. Dollars in thousands.

On Dec. 31, 2021. Dollars in thousands.

On Dec. 31, 2021. Dollars in thousands.

On Dec. 31, 2021. Dollars in thousands.

On Dec. 31, 2021. Dollars in thousands.

Year to date through Dec. 31, 2021. Dollars in thousands.

Full-time equivalent, as of Dec. 31, 2021. Dollars in thousands.

Year to date through Dec. 31, 2021. Dollars in thousands.

On Dec. 31, 2021. Dollars in thousands.

Mutual institutions, long pillars of underserved communities, now face insurmountable barriers to entry.

Acting Comptroller of the Currency Michael Hsu said some large regional banks are at risk of becoming too big to fail, and the agency is considering ways to increase the resolvability of post-merger banks.

Zions Bancorp. and Webster Financial are among the inaugural members of the Risk Management Association’s climate-risk consortium for regional institutions. Like its large-bank counterpart, the group will work with banks to help guide the economy's transition to a low-carbon future.

Chief Financial Officer Emily Portney said Bank of New York Mellon would be interested in buying more custody assets if an opportunity arises and the price is right. In the meantime, it continues to eye deals for small tech companies.