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The move will allow MVB to devote more resources to Northern Virginia and its fintech business.
November 22 -
The Peach State is the latest to offer gamified savings programs as an incentive to draw in deposits and improve consumers' behavior.
November 22 -
The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County.
November 22 -
A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal.
November 21 -
Toronto-Dominion Bank would end up with a smaller stake in a larger brokerage if Schwab and TD Ameritrade combined. But it could parlay that stake into funds for a U.S. bank acquisition.
November 21 -
New American Customer Satisfaction Index data shows consumers slightly favored banks, which are benefiting from investments in technology.
November 21 -
Paul Simons has worked in the industry for 48 years, including more than three decades at the helm of the Illinois-based institution.
November 21 -
Several credit union leaders were recognized for their contributions while other personnel changes were announced.
November 21 -
Members of Ocean Spray Employees FCU will vote next month on whether to merge into MVCU, which absorbed Bridgewater Credit Union earlier this year.
November 20 -
Ana Botin, the Spanish banking giant's chairman, is counting on Santander's new digital platform to help drive expansion in the U.S. and Latin America.
November 20 -
This is the second time in five years the California-based credit union has issued a giveback, for a total of $38 million.
November 20 -
The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County.
November 20 -
Axos Bank favors remote access over chatbots, as it connects bankers with online customers in real time.
November 19 -
The regulators approved the deal after nine months of consideration, but the Fed hit SunTrust with a consent order tied to "unfair and deceptive" business practices from 2013 to 2017.
November 19 -
Several credit unions announced management changes at their branches while others in the industry made their own personnel moves.
November 19 -
United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.
November 18 -
The Bakersfield, Calif.-based institution has applied to convert to a state charter.
November 18 -
The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.
November 18 -
Consumer trust issues have long been a stumbling block for challenger banks, but many say Google will face bigger obstacles.
November 17 -
More banks in the state are considering acquisitions to cut costs and combat margin pressure.
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