2020-12-24
The company is also looking to hire more senior lenders as it expands in markets around Los Angeles and San Diego.
Read More from: BankThink
2020-12-24
Organizers of the proposed Legacy Bank must raise $25 million before opening.
Read More from: BankThink
2020-12-24
The measure, just the second of its kind the nation, mandates that fintechs, factoring firms and other nonbank small-business lenders clearly explain the terms and conditions to borrowers.
Read More from: BankThink
2020-12-24
Members of $6.3 million-asset FIAFE Federal Credit Union will vote early next year on whether to merge into $43 million-asset Central Credit Union of Maryland.
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2020-12-24
Amy Nigrelli, who recently joined Nusenda Credit Union after nearly a decade at CUNA, offers insights on how the pandemic has changed marketing for the industry and what institutions can learn from the trade group.
Read More from: BankThink
2020-12-23
In the waning days of the Trump administration, the agency issued a new legal theory of its power to let national banks evade state consumer protection laws.
Read More from: BankThink
2020-12-23
The Conference of State Bank Supervisors filed a complaint arguing that the unique bid by the San Francisco fintech is "merely a thinly veiled effort" to evade legal challenges to the federal regulator's chartering of nonbanks.
Read More from: BankThink
2020-12-23
The legislation would let banks postpone the start date of the Current Expected Credit Losses accounting standard and delay categorizing pandemic-related loan modifications as troubled debt restructurings.
Read More from: BankThink
2020-12-23
Under the terms of the rule, NCUA could exempt credit unions from some Bank Secrecy Act requirements on a case-by-case basis, provided there are no safety or soundness concerns.
Read More from: BankThink
2020-12-23
In the second quarter (Q2) of this year, household debt in the United St
Read More from: Bonds & Botes, P.C.
2020-12-23
The Pittsburgh bank says the data aggregator deceptively uses PNC's logo in obtaining bank customers' login credentials.
Read More from: BankThink
2020-12-23
With one study showing consumers racking up additional credit card debt this season, some members may be eager to consolidate their balances in the year ahead.
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2020-12-23
The top Democrats on the House and Senate banking committees urged the Trump administration to pull the plug on any steps to overhaul Fannie Mae and Freddie Mac with the pandemic still taking a toll on the economy.
Read More from: BankThink
2020-12-23
One engineered a big M&A deal, another struggled with his bank's credit issues and another abruptly resigned. Here are their stories and more.
Read More from: BankThink
2020-12-23
The bank has been streamlining common activities for commercial clients as part of a yearlong digital transformation.
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2020-12-23
The proposal would require the government-sponsored enterprises to craft resolution plans similar to regulations imposed on the largest U.S. banks.
Read More from: BankThink