OCC Finalizes Rule to Rescind 2020 CRA Rulemaking

Mid Penn Bancorp in Harrisburg, Pennsylvania, has agreed to buy William Penn Bancorp in Bristol. The deal is expected to close in the first half of next year.

Small-business owners have grown more confident about their bank’s ability to help them meet their future needs, according to J.D. Power’s 2024 Small Business Banking Satisfaction Survey.

The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of New Mexico and South Dakota affected by severe storms and flooding.

The international trade deficit in goods and services was $84.4 billion in September, up from $70.8 billion the previous month, the Commerce Department announced.

The ISM services index increased 1.1% from the prior month to land at 56% in October, the Institute for Supply Management said.

New orders of manufactured goods decreased $2.8 billion, or 0.5%, from the prior month to $584.2 billion in September, the Commerce Department said.