New report from McKinsey finds strong take up of banking apps, but lack of penetration beyond tech-savvy users

F&M set to acquire Ossian State Bank, while Consumers National Bank adds two CFBank branches and Coulee Bank brings on assets from BNC

The ABA has urged banks to prepare as a fresh round of economic stimulus payments is rolled out

Global loan loss provisions and foregone revenue due to economic impact of pandemic will climb for the next few years

The bank is giving away $250 online savings accounts to all children born before midnight on Thursday of last week

This week’s $892 billion package includes $284 billion for the Paycheck Protection Program

The association objects to further capital raising flexibilities for large credit unions that already receive tax exemptions

Several large banks have already announced share buybacks after the temporary ban was lifted

FICO survey finds lack of confidence in short-term finances, but satisfaction with bank support is high

Consumers will continue to act on the behaviors formed during the pandemic, especially as it relates to digital means of operation and communication