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News Stories (24 Results) - Banking News

The federal bank regulatory agencies on Friday announced an interim final rule that provides temporary relief for certain community banking organizations related to certain regulations and reporting requirements as a result, in large part, of their... Read Story

November 23, 2020, 08:05 AM

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank are proud to announce that NJBankers recently recognized Matthew Remo as a “Rising Star” of the New Jersey banking industry at its virtual awards ceremony held on November 5, 2020.... Read Story

November 20, 2020, 06:00 AM

U.S. Bank announced the opening of its Luxembourg office, which provides fund accounting and administration, domiciliation, depositary and custody-related services for Luxembourg-domiciled funds.Didier Delvaux, who joined U.S. Bank earlier this year... Read Story

November 16, 2020, 08:30 AM

KeyBank announced that John J. Manginelli, Northeast Regional Executive for KeyBank Real Estate Capital, will assume an expanded role that includes Market President for Key’s Hudson Valley/Metro New York market. As market president, Manginelli will... Read Story

November 12, 2020, 08:22 AM

Small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.5% in September to 13.3% in October, demonstrating the challenges of small business owners searching for capital, according to the latest... Read Story

November 12, 2020, 08:00 AM

For the 11th consecutive year, the J.D. Power Certified Customer Service Program has recognized Bank of America’s Corporate, Commercial and Business Banking contact centers, which include card servicing, for providing “An Outstanding Customer Service... Read Story

June 25, 2020, 08:00 AM

TD Bank Group, of which TD Bank, America's Most Convenient Bank® is part, announced that there will be no job losses in 2020 as a result of COVID-19."It is only natural that the speed and scale of the impacts across society have employees feeling... Read Story

April 03, 2020, 09:10 AM

The federal bank regulatory agencies announced two actions to support the U.S. economy and allow banks to continue lending to households and businesses. They are: A statement encouraging banks to use their resources to support households and... Read Story

March 18, 2020, 09:00 AM

For the third year in a row, Stearns Bank has received nationwide recognition for high performance. This month, American Banker magazine and Independent Community Bankers of America (ICBA) both ranked Stearns Bank in their top ten lists of high... Read Story

June 27, 2019, 08:45 AM

The federal banking agencies proposed a rule to limit the interconnectedness of large banking organizations and reduce the impact from failure of the largest banking organizations. The proposal would complement other measures that the banking... Read Story

April 04, 2019, 09:15 AM

CIT Bank, CIT Group's national online bank, announced it has been selected as winner of the Best Personal Finance Company award by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the... Read Story

April 04, 2019, 08:00 AM

S&P Global Market Intelligence released its annual rankings for 2018’s best-performing community banks with assets between $3 billion and $10 billion, community banks with assets less than $3 billion, and top-performing credit unions.For the second... Read Story

March 28, 2019, 08:55 AM

Middle-market companies could soon experience changes in how banks view and service them due to banks’ adoption of sophisticated artificial intelligence (AI) systems that rank companies in terms of their potential profitability as clients. That’s one... Read Story

February 06, 2019, 08:03 AM

Mechanics Bank and Learner Financial Corporation, the bank holding company for Scott Valley Bank, announced that they have reached a definitive agreement for Mechanics to acquire Learner Financial and its wholly owned subsidiary, Scott Valley Bank.... Read Story

February 20, 2018, 08:00 AM

First Business Financial Services, Inc.  announced plans to consolidate the charters of its three subsidiary banks, First Business Bank, headquartered in Madison, Wisconsin, First Business Bank- Milwaukee, headquartered in Brookfield, Wisconsin, and... Read Story

January 13, 2017, 07:17 AM

Westfield Bank has been recognized as the top 3rd party lender in Western Massachusetts in terms of dollars and volume for 2016, according to the Massachusetts District Office of the U.S. Small Business Administration (SBA). Westfield Bank was among... Read Story

December 28, 2016, 07:00 AM

Bridge Bank reaffirmed its commitment to providing commercial banking services, including working capital loans and lines of credit, to technology and innovation companies throughout the country through its expanding national network of business... Read Story

December 09, 2016, 07:57 AM

Signature Bank, a New York-based full-service commercial bank, announced today the appointment of several new private client banking professionals, who joined existing banking teams. Pasquale (Pat) Loporcaro was named Group Director and Vice... Read Story

December 07, 2016, 07:13 AM

Wells Fargo & Company announced that its Board of Directors has amended the Company’s By-Laws to require the separation of the Chairman and CEO roles and for the Chairman and Vice Chairman of the Board to be independent directors. The Board approved... Read Story

December 02, 2016, 07:30 AM

Opus Bank announced that, as part of the previously announced focus on enhancing the leadership at Opus, Ed Padilla, Opus’ Senior Vice President, President of Commercial Real Estate Banking, has been named Executive Vice President, Co-Chief Lending... Read Story

November 02, 2016, 07:24 AM

BMO Financial Corp. announced the appointment of Diane Cooper, formerly the President and CEO of GE Capital's Commercial Distribution business, to the BMO Financial Corp. Board of Directors."Diane's wealth of knowledge and financial services... Read Story

October 25, 2016, 07:36 AM

The Federal Deposit Insurance Corporation (FDIC) has announced the selection of eight new members for its Advisory Committee on Community Banking, which has been providing advice and recommendations to the FDIC on a broad range of community bank... Read Story

September 06, 2016, 07:50 AM

Avidia Bank announced the launch of Commercial Lending Center™, a new online business loan application portal. Commercial Lending Center is the simple and secure way to help businesses get quick and convenient access to loans online.Business loan... Read Story

May 23, 2016, 08:00 AM

Wells Fargo announced the launch of FastFlex Small Business Loan, an online, fast-decision loan that is funded as soon as the next business day and offers a competitive interest rate to small businesses with short-term credit needs. An innovation... Read Story

May 11, 2016, 07:56 AM