News Topic: BankThink

The accelerating pace of branch closures is partly due to industry consolidation, according to the community reinvestment group that authored the new report. ... Read full article

Matt Mamer will take over for Mark Spenny, who has helped Citizens Equity First Credit Union expand in several markets during his tenure. ... Read full article

JPMorgan Chase is partnering with Air Canada, the bank's first new cobranded card partner to be announced in years. ... Read full article

Hauptman said dealing with the economic fallout from the coronavirus was a top priority for the agency, along with aligning incentives and expanding the use of technology in the industry. ... Read full article

It has been 15 years since the federal banking agencies issued guidance on an institution’s obligation to inform its regulator about a cyberattack. A proposal to be unveiled this week could establish a more specific notification deadline. ... Read full article

The Amarillo bank is buying First National Bank of Tahoka, continuing the industry’s consolidation in the state. ... Read full article

Banks are good at updating tech for customers but need to do it for staff ... Read full article

Deutsche Bank is considering moving some of its 4,600 Manhattan staff to other hub cities across the U.S., but there are no concrete plans as yet. ... Read full article

Lawmakers and the credit union regulator have packed schedules this week as both groups attempt to wrap up their 2020 business before the holidays. ... Read full article

A group that includes the private equity firms Apollo Global Management and Blackstone Group is in talks to acquire Wells Fargo’s student loan portfolio, according to people familiar with the matter. ... Read full article

The $62.7 million merger of Linkbancorp and Gratz Bank would create a company with over $800 million of assets and nine branches stretching from Harrisburg to the Philadelphia suburbs. ... Read full article

The two midwest regionals agreed to merge in a $22 billion deal; community banks had their "best year ever," in large part from the "government money that passed through banks on the way to households and businesses." ... Read full article

Management teams are forging ahead with technology projects and bonuses for some employees despite a deep slide in net income this year. ... Read full article

The architects of two major loan deals featuring Black banks, one involving multiple lenders and a pro sports franchise and another backed by Citigroup, say more transactions like these are in the works. ... Read full article

The deal, announced late Sunday, would create a $168 billion banking company in the Midwest and be the latest in a string of regional bank combinations. ... Read full article

There is an emotional and human aspect in all relationships and that holds true for the bond between individuals and brands. The COVID-19 pandemic has brought both the strengths and weaknesses in customer experience under the spotlight. This episode will ... Read full article

The Gainesville, Fla.-based credit union has converted from a federal to a state charter and will debut its new brand identity early next month. ... Read full article

The central bank is exploring how to improve the consistency and transparency of safety and soundness scores used to grade banks and their holding companies, the agency’s vice chairman of supervision said. ... Read full article