Bank acquisitions announced in North Dakota, Georgia

By Andia Dinesen In 2019, when the Veterans Benefits Banking Program was created, we never conceived it would grow to be what it is today. The VBBP is a partnership between the Department of Veterans Affairs/Veterans Benefits Administration...

Consumer credit increased at a seasonally adjusted annual rate of 4.3% in April, the Federal Reserve reported.

Job growth surprised to the upside in the May BLS employment report, with total payrolls rising by 139,000 and the unemployment rate remaining steady at 4.2%.

Bowman called for a reemphasis on regulatory tailoring, a rethinking of capital requirements, a review of many regulations enacted in recent years, and a streamlining of the review process for de novo and bank merger applications.

An Ohio lawmaker reintroduced legislation to codify a Treasury Department program that pairs small and rural financial institutions with large banks and credit unions to provide resources, training and technical assistance for their communities.

FinCEN issued an advisory to assist financial institutions in identifying, preventing and reporting suspicious activity connected to Iranian illicit financial activity.