CDFI, MDI leaders join Mission Driven Bank Fund advisory committee
The Mission Driven Bank Fund announced the appointment of its inaugural Mission Advisory Committee, comprising seven industry leaders with expertise...
Community Banking
FDIC: Percentage of unbanked households dropped slightly in 2023
Roughly 4.2% of U.S. households were unbanked in 2023, according to the FDIC’s National Survey of Unbanked and Underbanked Households,...
ABA survey: U.S. consumers think Congress should hold credit unions accountable
U.S. consumers believe federal credit unions should be held accountable for meeting the same legal standards as the banks they...
Bank survey finds Gen Z seeks to build savings, credit
The top financial goal for most Generation Z adults is growing their savings, followed by building their credit and increasing...
FDIC debuts online tool to promote creation of minority banks
The FDIC has released a new online tool to help financial institutions, investors and others identify neighborhoods that could benefit...
Mid Penn Bancorp to buy William Penn Bancorp in Pennsylvania
Mid Penn Bancorp in Harrisburg, Pennsylvania, has agreed to buy William Penn Bancorp in Bristol. The deal is expected to...
Bank acquisition announced in Illinois, North Carolina bank to acquire fintech
Griggsville Bancshares in Illinois to buy Scott Morgan Bancorp; First Carolina Bank in North Carolina to purchase BM Technologies.
Learning the savings habits and preferences of each generation
Banks that prioritize education, coupled with compelling savings vehicles, will meaningfully empower customers on their personal finance journeys.
Podcast: Rebuilding ‘the great Virginia regional bank’
John Asbury didn't need a new job in 2016, but when he saw an opportunity to build something lost in...
Asbury challenges industry to ‘caring, courage, commitment’
In his opening remarks as ABA chair, John Asbury spoke to the core values of Atlantic Union Bank—“caring, courageous, committed”—and...
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