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Banks hit out at ‘flawed and harmful’ credit card competition plan

Banks hit out at ‘flawed and harmful’ credit card competition plan

Banking associations have voiced strong opposition to House and Senate bills that aim to break Visa and Mastercard’s dominance
Southern Missouri to acquire Citizens in $140M deal

Southern Missouri to acquire Citizens in $140M deal

Plus, several other M&A deals have been signed off by regulators
Firstrust unveils leadership succession strategy

Firstrust unveils leadership succession strategy

Next year, Timothy J. Abell to become CEO as part of a long-planned succession strategy
Live Oak grows team to support small business

Live Oak grows team to support small business

Plus: Executive appointments at Truist, Provident Bank, WaFd, Comerica
M&A latest: Texas Capital sells insurance business for $3.4B

M&A latest: Texas Capital sells insurance business for $3.4B

Plus: New York’s Gouverneur Bancorp to buy Citizens Bank of Cape Vincent; BankFirst acquires Mechanics Bank
OCC to cut rates for community banks by 40%

OCC to cut rates for community banks by 40%

The regulator’s move will save banks an estimated $41.3 million in total
Illinois banks eye merger to create $5B group

Illinois banks eye merger to create $5B group

HBT Financial and Town and Country Bank to combine, while Virginia’s TowneBank and Farmers Bank also plan a merger
Student Loan Payment Pause Set to End, Country Divided

Student Loan Payment Pause Set to End, Country Divided

The pause on student loan payments that has gone on for over two years is supposed to end at the end of the month
Why Linking Opportunity Zones and the Community Reinvestment Act is a Win-Win for Banks, Investors, and Communities

Why Linking Opportunity Zones and the Community Reinvestment Act is a Win-Win for Banks, Investors, and Communities

Community banks may be missing out on a key opportunity to reinvest their capital gains through the Opportunity Zone (OZ) program
Almost 100% of Community Bank Leaders Predict Imminent Recession

Almost 100% of Community Bank Leaders Predict Imminent Recession

Fed chair Jerome Powell says a recession is not inevitable, but bank executives disagree
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