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ICBA Warns Against SBA Expansion

ICBA Warns Against SBA Expansion

The industry group said the expansion of the SBA 7(a) loan program would harm borrowers
American Consumers Optimistic Despite Financial Pressures

American Consumers Optimistic Despite Financial Pressures

Survey shows significant majority of consumers expect to reach financial prosperity in the next 10 years
Old National to Acquire CapStar in $344m deal

Old National to Acquire CapStar in $344m deal

Plus: Cadence Bank is set to sell its insurance arm to Gallagher
Treasury Yields Retreat This Week as Fed Halts Interest Rate Hikes

Treasury Yields Retreat This Week as Fed Halts Interest Rate Hikes

Unemployment is expected to stay around 3.8% and payrolls have continued to increase
Banks Call for Streamlined Cybersecurity Regulations

Banks Call for Streamlined Cybersecurity Regulations

The ABA and BPI want the White House to reduce the reporting overlap and regulatory burden regarding cybersecurity
Inflation Decline Not Helping Financial Health, Survey Finds

Inflation Decline Not Helping Financial Health, Survey Finds

Customers are still struggling to meet costs and are dipping into emergency savings despite the recent fall in inflation
Banks Increasingly Using AI to Enhance Customer Experience

Banks Increasingly Using AI to Enhance Customer Experience

Survey found banks and credit unions are continuing to invest in automated customer service
Most Customers Use Mobile Banking Apps to Manage Accounts

Most Customers Use Mobile Banking Apps to Manage Accounts

Only 9% of Americans choose to go into a bank branch
Surge in Small Businesses Receiving Financial Advice From Banks

Surge in Small Businesses Receiving Financial Advice From Banks

Survey also found improved digital tools have helped banks’ services for small businesses
Bank of America Report Finds Wealthy Most Pessimistic While GDP Rises 4.9%

Bank of America Report Finds Wealthy Most Pessimistic While GDP Rises 4.9%

Consumer spending, government spending and residential investments were the catalysts for growth
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