Banking News and Analysis | Banking Dive
网页NBT to merge with in-state lender in $236M deal. The deal, set to close in the second quarter of 2025, will extend NBT’s footprint into western New York by adding 18 Evans Bank branches. Banking Dive provides in-depth journalism and insight into the most impactful news and trends shaping the banking industry.
CFPB wants banks to prove overdraft opt-ins | Banking Dive
网页2 天之前 · The CFPB in January proposed reducing — to between $3 and $14 — the overdraft fees charged by banks with more than $10 billion in assets. Under the proposed rule, banks would classify overdraft charges as extensions of credit, making them subject to the same consumer protections as credit cards under the Truth in Lending Act.
Retail Banking News | Banking Dive
网页3 天之前 · EverBank to buy Michigan’s Sterling Bank for $261M. The deal includes 25 branches, $900 million in loans and $2 billion in deposits; but not Sterling’s sole Michigan branch or its $372.9 million portfolio of residential tenant-in-common mortgage loans. By Gabrielle Saulsbery • Sept. 16, 2024.
Banking News and Analysis | Banking Dive
网页Five Star Bank expands, eyeing First Republic, Signature customers. The $3.7 billion-asset commercial bank seeks to capitalize on the absence of failed San Francisco-area banks by snagging some of their former employees and emphasizing customer service. Banking Dive provides in-depth journalism and insight into the most impactful news and ...
Fed payments proposal pits big banks against small rivals
网页2 天之前 · The proposal is seen by the biggest U.S. banks, and some large derivatives exchanges, as a smart way to increase the efficiency of the U.S. payments systems, according to some of the roughly 140 comments filed by the Sept. 6 deadline. But to small community banks and credit unions, the proposal has prompted concerns about increased labor and technology costs; more fraud threats and a ...
Commercial Banking News | Banking Dive
网页5 天之前 · Five Star Bank expands, eyeing First Republic, Signature customers. The $3.7 billion-asset commercial bank seeks to capitalize on the absence of failed San Francisco-area banks by snagging some of their former employees and emphasizing customer service. By Caitlin Mullen • Aug. 27, 2024.
U.S. Bank reaches its proving ground | Banking Dive
网页2024年9月13日 · Dive Brief: U.S. Bank CEO Andy Cecere pledged Thursday to grow revenues faster than expenses in the coming years, saying the lender has made needed investments and will better leverage its “set of unique businesses” than it has in the past. During the Minneapolis-based super regional’s investor day in …
Pandemic widens mobile's lead as preferred way to bank, survey …
网页2021年10月26日 · Dive Insight: The ABA survey found 33% of bank customers said mobile apps were their preferred banking channel before the pandemic, compared with 44% since. “Digital banking was on the rise long before COVID-19, but the growth in mobile app use accelerated as the pandemic made in-person banking more challenging,” Rob Morgan, the ABA’s senior vice president of innovation strategy, said in ...
Deep Dive - Banking Dive
网页2024年1月10日 · Cannabis-friendly banks face pressure to differentiate. Banks have used risk-based pricing and non-interest-bearing accounts to justify the high cost and labor associated with banking the sector. But as more players enter the game, firms weigh rethinking their strategies. Anna Hrushka • Sept. 26, 2023.
Fintech News - Banking Dive
网页2024年9月11日 · Fifth Third’s Newline to expand Stripe’s embedded financial services. “Maybe we’re just a little too Midwest humble about it, but Newline isn’t new to this,” Newline GM Tom Bianco said. Working with Stripe, he said, reinforces that it is, and has been, “a real force.”. By Gabrielle Saulsbery • July 31, 2024.