BankThink

Mnuchin to divest; Bank charters for fintech firms?

01/12/17

Mnuchin to divest; fintech firms may be able to get bank charters

[more]

Retail Banking

01/12/17

This year’s conference will feature an impressive speaker faculty comprised of banks’ presidents and CEOs who have been making headlines, creating praise-worthy customer-centric cultures and turning their institutions around in these revolutionary times. In short, bankers who lead the way. You will also hear from industry analysts and will meet leading solution providers.

[more]

Online business lender Funding Circle raises another $100M

01/11/17

The U.K.-based firm has raised $373 million from investors since it was founded in 2010.

[more]

Southern Missouri Bancorp to buy Capaha Bank

01/11/17

The company will pay $23.4 million for the $194 million-asset parent of Capaha Bank.

[more]

Mnuchin vows to sell fund with ties to GSEs

01/11/17

Treasury Secretary-designate Steven Mnuchin will divest himself of his investments and interests in a number of companies and funds once confirmed, including a fund that has bet on Fannie Mae and Freddie Mac being recapitalized and released from government control.

[more]

Do banks belong on Snapchat?

01/11/17

Banks should experiment with Snapchat and learn to deliver content in small doses even if the platform proves to be a bad fit for the industry in the long run.

[more]

MVB Financial in W.Va. invests in bill-pay startup

01/11/17

Larry Mazza, MVB’s chief executive, joined the board at BillGO.

[more]

Warren outlines blueprint to save the CFPB

01/11/17

Sen. Elizabeth Warren rallied progressives on Tuesday night to launch a campaign to defend the Consumer Financial Protection Bureau and the Dodd-Frank Act.

[more]

Big banks worked with pot industry, despite denials, records show

01/11/17

Documents from Massachusetts complicate the narrative that marijuana businesses either can’t get bank accounts or are only being served by small institutions.

[more]

First Community in Va. redeems its trust-preferred stock

01/11/17

First Community Bancshares in Bluefield, Va., spent $15.5 million to buy back the securities.

[more]