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Quarterly earnings at the Minneapolis company were boosted instead by a wider net interest margin and a lower tax rate.

Read More from: BankThink

4 days 13 hours ago

The Illinois company has agreed to buy Springfield Bancshares for $87 million.

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4 days 13 hours ago

The outgoing head of the ICBA reflects on how technology and partisan politics have changed policymaking over the past 15 years.

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4 days 13 hours ago

Upcoming Committee Formation Meeting:  Friday, April 27, 2018 10:00 AM

Case Name: 18-10894 (MFW)

Location: Delaware State Bar Association, 405 N. King Street, 2nd Floor, Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick and G. David Dean for more information.

4 days 13 hours ago

Upcoming Committee Formation Meeting:  Friday, April 27, 2018 10:00 AM

Case Name: 18-10894 (MFW)

Location: Delaware State Bar Association, 405 N. King Street, 2nd Floor, Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick and G. David Dean for more information.

4 days 13 hours ago

The U.S. Supreme Court heard oral argument yesterday in Lamar, Archer & Cofrin, LLP v. Appling, a case from the 11th Circuit regarding the bankruptcy dischargeability exceptions in 11 U.S.C.  § 523(a)(2). Locally, Appling is important because it originated across the street–literally–in Chief Bankruptcy Judge James P. Smith’s courtroom here in the Middle District of Georgia. Our firm is also proud to call Judge Smith an alum. Nationally, even in a week filled with other “blockbuster” opinions and argumentsAppling is important because it highlights a split between the 11th and 4th Circuits, on the one hand, and the 5th, 8th, and 10th Circuits, on the other hand.

Read More from: Plan Proponent

4 days 15 hours ago

United States v. Olayer (In re Olayer), 577 B.R. 464 (Bankr. W.D. Pa. 2017) – After a debtor filed his fifth chapter 12 petition in 21 years, the Department of Agriculture Farm Service Agency (FSA) filed a motion for relief from … Continue reading

4 days 16 hours ago

Part of the legacy of Newt Gingrich and his Contract with America (can I get damages for breach?) is the Congressional Review Act.  The CRA creates a mechanism whereby Congress can override an agency rulemaking on a simple majority vote in both houses, meaning that it is not subject to the filibuster in the Senate. Congress has only used this tool infrequently, most notably with the CRA resolution overriding the CFPB's arbitration rule. 

Read More from: Credit Slips

4 days 23 hours ago

The Los Angeles bank also benefited from a reduced reliance on costlier certificates of deposit.

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5 days 1 hour ago

Tala plans to use the latest round of funding to develop new products for its customers in Kenya, Tanzania, the Philippines, India and Mexico.

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5 days 1 hour ago

A Virginia bank's decision to pursue a charter in North Carolina puzzles some observers, given the added complexity and costs.

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5 days 1 hour ago

Community banks are increasingly turning to account onboarding technology to help them solve a growing problem — how to win new customers without opening physical branches.

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5 days 1 hour ago

The rules to comply with the Community Reinvestment Act have become "formulaic and ossified" and must be changed to encourage lending practices the law originally intended to foster, the Fed's top regulator said.

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5 days 1 hour ago

As the Senate closes in on overturning the Consumer Financial Protection Bureau's 2013 indirect auto loan rule, a central question is how lasting the congressional measure will be in limiting the CFPB's authority.

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5 days 1 hour ago

The divide highlights a lingering question about how much commercial and retail depositors value cutting-edge technology over price — and whether midsize banks can keep pace with bigger rivals when it comes to tech investments.

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5 days 1 hour ago

Though total loans and deposits were down from the end of 2017, management expressed optimism that things will pick up over the rest of this year.

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5 days 1 hour ago

The Wall Street giant's acquisition of the app maker Clarity Money is only one part of a long-term strategy to build a digital retail bank from the ground up.

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5 days 1 hour ago

New York Attorney General Eric Schneiderman asked 13 cryptocurrency exchanges for detailed information about their operations as part of a "fact-finding inquiry."

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5 days 1 hour ago

The company benefited from increases in residential and construction lending.

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5 days 1 hour ago

Banks may need to do more to help small businesses after a hurricane, flood or other calamity as those firms tend to favor nonbank lenders after an emergency for a number of reasons, according to research by four regional Federal Reserve banks.

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5 days 1 hour ago

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