Community bank lenders were caught flat-footed by both the need to process large numbers of complex PPP loans quickly and support the ever-shifting guidelines from the SBA

California-based tech company is the first such firm to be approved for a bank acquisition and plans a new product launch imminently

The $504 billion banking giant will raise the proportion of its non-white senior leadership and improve pay equity

Midland States to spend up to $15 million on closures and renovations to existing branches, but expects long-term savings

The association’s new foundation is fundraising to help those affected by the storm, which has killed at least 25 people in Louisiana

Regions Bank waives fees and offers other relief while American Express donates to the American Red Cross

Faster decision-making processes and better internal governance structures have allowed banks to roll out new tech quicker

Plus: FirstBank Puerto Rico completes Santander purchase, and Farmers and Merchants Bank is approved for community bank merger

Roughly speaking, neo-banks have a business model where they spend a dollar to get fifty cents back

As their investment in digital transformation increases, banking organizations are learning a valuable lesson that all comes down to trust.