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ABA Adds Five to Community Bank Benchmark

ABA Adds Five to Community Bank Benchmark

Banks based in California, Michigan, Ohio, Louisiana and Florida have been added to the Nasdaq index of community institutions
OCC Warns of Lockdown Impact on Banking Sector

OCC Warns of Lockdown Impact on Banking Sector

In his first week as comptroller, Brian Brooks calls for local and regional leaders to weigh the risks of lockdown on banks
M&A Update: Pacific Premier Acquires Opus Bank

M&A Update: Pacific Premier Acquires Opus Bank

Plus: Provident Bank merger with SB One Bank approved; shareholders approve Wayne Bank-USNY Bank merger; Charles Schwab buys USAA’s investment arm
JP Morgan Chase, Pacific Mercantile, Fifth Third: The Top Banking Moves in May

JP Morgan Chase, Pacific Mercantile, Fifth Third: The Top Banking Moves in May

Major appointments this month involved Discover, Wells Fargo, JP Morgan Chase, Sterling Bank & Trust, Pacific Mercantile Bank, Home Bank and Fifth Third
Texas Capital Bank Abandons Merger with Independent Bank

Texas Capital Bank Abandons Merger with Independent Bank

The impact of the COVID-19 pandemic has heavily impacted the two banks’ plans to combine operations
Southern Bank Completes Central Federal Acquisition

Southern Bank Completes Central Federal Acquisition

Also, Cambridge Bank has received regulatory approvals for its delayed purchase of Wellesley Bank
OCC Comptroller Otting to Step Down

OCC Comptroller Otting to Step Down

COO Brian Brooks is to take over as acting Comptroller from June 1 as Otting completes his two-and-half year term
Major Banks Granted Additional Lending Capacity

Major Banks Granted Additional Lending Capacity

A temporary rule change will allow the largest US lenders to expand their balance sheets further to help companies and households through the pandemic
Fed Sounds Warning on Household, Business Debt Strains

Fed Sounds Warning on Household, Business Debt Strains

Historically high levels of debt could lead to losses at lenders in the coming months, says a new Federal Reserve report
How Banks Can Ensure a Safe Return to Office Working

How Banks Can Ensure a Safe Return to Office Working

Leaders should be prepared to support long-term remote working in case of a second spike in virus cases, Deloitte says
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