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Two Bank Mergers and Its Effect on a State’s Economy

Two Bank Mergers and Its Effect on a State’s Economy

M&T’s merger with People’s United could potentially disrupt the state of Connecticut’s economy
Patriot Bank Announces $119m Merger with American Challenger

Patriot Bank Announces $119m Merger with American Challenger

Combined firm will form the largest digital bank in the US
Financial Institutions Claim Regulatory Compliance Remains a Barrier for Digital Transformation

Financial Institutions Claim Regulatory Compliance Remains a Barrier for Digital Transformation

Annual report reveals regulations aimed at digital currencies and securing digital economies
Federal Home Loan Bank of Dallas Awards $18.5m for Affordable Housing

Federal Home Loan Bank of Dallas Awards $18.5m for Affordable Housing

Subsidies will create or rehabilitate more than 2,100 housing units
ABA President Emphasizes Importance of Bank On Certified Accounts

ABA President Emphasizes Importance of Bank On Certified Accounts

Almost half of all US bank branches offer a Bank On-certified account
In the BNPL Future, Everyone is a Lender

In the BNPL Future, Everyone is a Lender

Fintechs and banks should prepare now by upgrading backend loan-servicing rails
Individuals in the justice system face barriers in entering the financial system, reveals ABA Foundation

Individuals in the justice system face barriers in entering the financial system, reveals ABA Foundation

Recommendations include Bank On-certified accounts, greater flexibility around identification and financial education
Five Banks Award Nearly $18k Grant to Support Affordable Housing Nonprofit

Five Banks Award Nearly $18k Grant to Support Affordable Housing Nonprofit

Grant will help non-profit offset expenses which includes pre-development costs for a single-family housing construction
Consumer satisfaction with mortgage originators has declined, according to a JD Power report

Consumer satisfaction with mortgage originators has declined, according to a JD Power report

Citi bank scored 875 out of 1000
Banks Continue to be Profitable And Well Capitalized, Reveals Fed Report

Banks Continue to be Profitable And Well Capitalized, Reveals Fed Report

Bank capital ratios remained well in excess of regulatory requirements finds Federal Reserve financial stability report
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