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Regional and small banks are striking digital partnerships and launching new savings offerings as they attempt to steal away business from bigger institutions.
June 4 -
Raisin is planning to create an online marketplace for high-yield savings accounts and CDs for the U.S., but persuading Americans to save could be a challenge.
May 28 -
The Federal Reserve is considering revising Regulation D, which limits consumers to six transfers per month on savings and money market accounts through certain methods.
May 20 -
Plinqit, led by a former banker, was developed specifically for community banks as a way to appeal to young customers.
May 9 -
As with the debate over guns, climate change and other social issues, banks may find themselves pressured to do more to address the country's wealth gap.
April 24American Banker -
Gateway Mortgage Group’s dream of being a national, diversified financial services player will hinge on its effort to turn a community bank into an online-only platform.
April 9 -
Aspiration, Wealthfront and SoFi have all begun offering high-yield savings accounts during the past few weeks.
February 28 -
Fifth Third is helping consumers — and millennials in particular — save for big-ticket purchases with a new tool that squirrels away small sums into an account that can’t be immediately accessed.
February 22 -
The Trump administration will offer a framework and get Congressional input on housing finance; some online banks offer more than 2% interest on deposits.
January 30 -
The 35-day partial government closing was a stark reminder that many Americans live paycheck to paycheck, and financial firms need to help solve that problem, the mobile banking firm’s CEO says.
January 29