BankThink

Hanmi delays quarterly filing over review of nonaccrual loan

08/13/19

The Los Angeles company said it is also looking into internal controls tied to construction lending.

[more]

CIT to buy Mutual of Omaha for $1 billion

08/13/19

CIT will gain nearly $7 billion in low-cost deposits, mostly tied to homeowners associations, as part of the acquisition.

[more]

'Millennials can see through this': How banks' marketing to Gen Y misfires

08/13/19

April Rudin, CEO of the Rudin Group, offers advice on tailoring marketing to younger audiences and women.

[more]

New NCUA chief puts diversity, cybersecurity atop priority list

08/12/19

Tussles over risk-based capital have preoccupied the agency of late, but Rodney Hood says he also wants to foster growth of minority-owned institutions and make sure credit unions are taking the hacker threat seriously.

[more]

New villain in battle over CFPB mortgage rule: Appendix Q

08/12/19

With the agency mulling changes to the “Qualified Mortgage” regulation, mortgage lenders say little-known standards for how they document a borrower’s income would be a good place to start.

[more]

Consumer groups to CFPB: Implement payday rule

08/12/19

Four advocacy groups questioned why the consumer bureau did not ask a judge to lift a stay of the rule's payment provisions.

[more]

USAA walks the diversity talk with latest tech hires

08/12/19

The San Antonio company named Judith Frey vice president of digital banking, Maria Alvarez Mann chief information officer for bank technology and Carri Arnold bank technology officer.

[more]

Venmo adds Instant Transfer link to bank accounts

08/12/19

As the competition mounts to increase adoption rates for person-to-person payment apps, PayPal's Venmo is adding a way for users to quickly move money from the app to their bank account.

[more]

Professional Holding to buy Marquis Bank in South Florida

08/12/19

The companies said the merger will provide scale and help them update technology more efficiently.

[more]

Pressure's on regionals to boost fee income

08/12/19

Margin expansion may grind to a halt if the Fed holds rates steady or cuts them further. The problem is regionals tend to lack the side businesses that the big banks possess to offset lending slumps.

[more]