Consumer credit increased 1.2% in May
Consumer credit increased at a seasonally adjusted annual rate of 1.2% in May, the Federal Reserve reported.
Newsbytes
Justice Department warns of scammers exploiting Texas floods
The U.S. Attorney’s Office for the Western District of Texas “is on alert” for fraudsters seeking to exploit individuals and...
Business First to buy Progressive Bancorp in Louisiana
Business First Bancshares in Baton Rouge, Louisiana, has agreed to buy Progressive Bancorp in Monroe.
New York Fed: Inflation expectations largely unchanged
Consumer inflation expectations in June ticked down at the short-term horizon but remained flat at the medium- and longer-term horizons,...
FFIEC publishes 2024 data on mortgage lending
The Federal Financial Institutions Examination Council recently published data on 2024 mortgage lending transactions reported under the Home Mortgage Disclosure...
New HSA expansion included in federal budget bill
President Trump last week signed a budget bill that included the largest expansions to Health Savings Accounts since they were...
NFIB Small Business Optimism Index edged down in June
The Small Business Optimism Index declined by 0.2 of a point in June to 98.6, slightly above the 51-year average...
Survey: High interest rates make bank customers want to spend less
Forty percent of people said that "unfamiliarity" is the main factor keeping them from trying a small bank. Nearly 60%...
Texas Bankers Foundation creates donations page in aid of Texas flood victims
The foundation has made an initial $10,000 donation to the Kerrville-based Community Foundation of the Texas Hill Country to help...
OCC allows Texas banks affected by flooding to close
The OCC said that it expects that only those bank offices directly affected by potentially unsafe conditions will close and...
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