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US banks oppose expansion of credit union charter

US banks oppose expansion of credit union charter

Letter on behalf of bankers’ associations across the US write to Congress regarding HR 7003
Six Former Bank Employees Banned over Covid Loan Fraud

Six Former Bank Employees Banned over Covid Loan Fraud

Four Regions Bank and two Merrill Lynch Wealth Management workers cannot return to the industry after combined near-$90k coronavirus loans fraud
Banking Deals Close as Financial Year-End Looms

Banking Deals Close as Financial Year-End Looms

Needham Bank acquires Cannabis Banking, while merger completion date announced by Citizens Financial Group and Investors Bancorp
Farmers National, Emclaire Financial Strike $105M Merger Deal

Farmers National, Emclaire Financial Strike $105M Merger Deal

The combined bank will have $5.2 billion in assets and 66 locations across Ohio and Pennsylvania
Mississippi to Limit Bank Purchases Across State

Mississippi to Limit Bank Purchases Across State

Ruling will block credit unions and other non-bank entities from banking M&A
Peoples Bank to Buy Trustmark Corporate Trust Arm

Peoples Bank to Buy Trustmark Corporate Trust Arm

Trustmark is set to sell assets for an undisclosed sum in the second quarter of this year
Arizona Credit Union to Buy Community Bank in $91M Deal

Arizona Credit Union to Buy Community Bank in $91M Deal

Horizon Bancorp acquisition will add $539.5 million in assets to Arizona Federal’s balance sheet
Bank On Movement on the Rise

Bank On Movement on the Rise

Branches offering Bank On certified accounts have risen significantly as the US seeks to address its “unbanked” population
Wells Fargo grants $1.5m to advance VC funding for women-owned small businesses

Wells Fargo grants $1.5m to advance VC funding for women-owned small businesses

Funds granted to organization How Women Lead, aimed at building $1 billion fund
Amerant Bank joins USDF Consortium

Amerant Bank joins USDF Consortium

Brings total membership to seven at the blockchain-based payment rail advocate
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