BankThink

Florida bank is biggest to be sold to a credit union

05/03/19

MidFlorida Credit Union has agreed to buy the $730 million-asset Community Bank & Trust of Florida in Ocala.

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Government pushing to spur more business loans by credit unions

05/03/19

The National Credit Union Administration and the Small Business Administration have established a program to boost SBA lending by credit unions, which was very light last year. It is sure to irk bankers, who have raised competitive concerns.

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Greed isn’t good enough: How the bank CEO role has changed

05/03/19

Changing demographics and cultural trends are making bank CEOs think beyond profitability and toward addressing what they stand for.

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Soaring bankruptcies in Farm Belt force banks to boost defenses

05/03/19

Banks that serve U.S. farmers are increasingly restructuring existing loans and boosting the collateral needed for new ones as the numbers of late and missed payments have risen.

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Citigroup forms lab for traders to code and coders to trade

05/03/19

Citigroup has invited second- and third-year analysts from across its markets and technology teams to apply for Citigroup's newly formed Markets Acceleration Lab.

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‘Mini CFPB’ won’t solve California’s bank regulation problems

05/03/19

The state should overhaul its Department of Business Oversight, but proposals to create a statewide financial protection bureau miss the mark.

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Facebook plans crypto-based payments system; Sloan was a keeper

05/03/19

Digital coin could be used for purchases across the internet; Berkshire vice chair says he would have let Sloan stay on at Wells.

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'Good luck with legislating innovation': Comments of the week

05/02/19

Readers respond to JPMorgan's Twitter gaffe, weigh the role banks should play on issues like climate change, consider the impact of artificial intelligence on fair lending and more.

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This behavioral metric could help banks get ready for next downturn

05/02/19

The Money Anxiety Index, a measure of consumer saving and spending habits, has started rising off a 50-year low. The economist who created it says that means another slump is nearing, and that banks should use the intel in pricing deposits and making other decisions.

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N.Y. regulator’s suit to stop fintech charter gets green light

05/02/19

The Office of the Comptroller of the Currency had sought to dismiss the case, but a court ruling suggested that the state regulator’s claim may have merit.

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