High Plains Banking Group in Flagler, Colorado, has agreed to buy First National Bank of Hugo in Colorado. The parent of the $446 million-asset High Plains Bank expects to buy the $146.3 million-asset First National in the first or second quarter, according to an announcement by Olsen Palmer, which represented High Plains.
M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.
ABA said it supports a proposal by the OCC to revise licensing requirements for community banks as part of a broader effort to reduce the overall regulatory burden on the institutions.
ABA released its 2026 Blueprint for Growth, outlining its top policy priorities for the year ahead. Developed by ABA’s Government Relations Council, the Blueprint will shape the association’s ongoing engagement with Congress and the administration on the most...
ABA joined four other associations to request that the FDIC push back the deadline for comment on its proposal to create a process through which banks can seek agency approval to issue stablecoins through a subsidiary.
A proposed 10% federal credit card interest rate cap would significantly reduce access to credit for millions of consumers nationwide, and even those with good credit scores who pay their bills on time will be affected by the...
Three Democratic senators have introduced legislation to revive a Biden-era rule that would lower the cap on credit card late fees to $8.
Comptroller of the Currency Jonathan Gould said he sees no benefit in the FDIC continuing to require filings from large banks that detail their suggested orderly resolution in case of a bank failure, known as CIDI plans. He...
