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Public comments are requested regarding the proposed statement of principles
Plus: Promotions at Northrim, Gateway First, and SchoolsFirst FCU
Many Americans are preparing for a digital financial future, research shows, while a California bank is using bitcoin as loan collateral
Plus: QCR’s acquisition of Guaranty Federal and TriCo Bank’s merger with Valley Republic Bank are nearing completion
M&A has been under scrutiny since President Joe Biden took office last year
The combined bank will have $5.2 billion in assets and 66 locations across Ohio and Pennsylvania
Ruling will block credit unions and other non-bank entities from banking M&A
Cross River Bank, First National Bank of North Arkansas and Bellwether Credit Union have all partnered with fintech firms
The bank is increasing its research into digital currencies in partnership with MIT
The ABA and others have warned that those without electronic payment means will be hit hardest
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