A local bank going public can benefit both the community and its shareholders in the long run

The Financial Crimes Enforcement Network (FinCEN) has imposed a $450,000 civil money penalty on a former compliance / chief operational risk officer

Consumer poll indicates how people will – or won’t – change their banking habits after the COVID-19 pandemic

Accelerating growth in use of Apple Pay and similar services will see market hit $416 billion by 2024, research shows

The Paycheck Protection Program has provided loans to almost half of businesses in every state – and in some it has reached much more

Authorities have inquired about Wells Fargo’s handling of PPP loans, according to a regulatory filing

Also: FireFly and TruStone credit unions plan merger; United Bank completes CresCom acquisition

Consumer survey shows that just a quarter of bank customers expect to change their behaviours in the next 12-24 months

The Fed is boosting several pandemic aid programs, including the PPP, as data shows more than half of its first expansion has been used up

Some states are phasing out stay-at-home orders and allowing businesses to reopen after nearly two months of lockdown