Central Bancshares in Muscatine, Iowa, has agreed to buy McLaughlin Holding in Moline, Illinois. The $1.1 billion-asset Central Bancshares said in a press release that it plans to buy the holding company for the $337 million-asset SENB Bank in the third quarter.
M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.
The rapid evolution of artificial intelligence technologies reinforces the need for regulators to adopt adaptable supervisory guidance and expectations, Federal Reserve Vice Chair for Supervision Michelle Bowman said.
The seasonally adjusted unemployment rate for college graduates with Bachelor's degrees aged 20-24 years old was 4.0% in March 2026.
The Colorado Senate narrowly passed legislation to prohibit the collection of interchange fees for sales taxes, with the bill modeled after an Illinois law that has been challenged in court by ABA and others.
The rate for a 30-year fixed-rate mortgage was 6.3% this week. The rate for a 15-year fixed-rate mortgage was 5.64%.
The FCC unanimously voted to move forward with proposed rulemaking to impose stronger “know your customer” requirements on voice service providers that originate calls. In addition, the FCC plans to soon take up a related proposal to remove...
The House voted 224-200 in favor of its version of the Farm Bill, sending the legislation to the Senate.
