BankThink

Eagle Bancorp resolves corporate governance dispute with investors

01/26/21

The Maryland company agreed to improve its risk and compliance controls, estimating that it will cost $2 million to make changes.

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Amerant Bancorp forms mortgage joint venture

01/26/21

Amerant Mortgage includes several former bankers from City National Bank of Florida in Miami.

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Yellen confirmed as Treasury secretary; Tubman on the $20 moves forward

01/26/21

The Senate voted 84-15 to approve the former Fed chief as the first woman to head the department; Biden White House is resuming efforts to replace Jackson with the abolitionist.

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What will incoming CFPB chief do with $570 million consumer aid fund?

01/25/21

The agency has amassed more in fines than it has returned to wronged customers. With Democrats now in power, some hope the bureau will allocate the unused money more aggressively.

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Berkshire Hills in Boston hires Webster executive as its new CEO

01/25/21

Nitin Mhatre, who ran Webster's consumer and business banking operations, will become the company's third CEO in less than three years.

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Former Comerica branch manager sentenced in elder fraud case

01/25/21

Marie Fulle was ordered to spend nearly three and a half years in federal prison and pay $1.09 million in restitution for stealing money from an elderly customer with dementia.

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Yellen wins confirmation to become first woman as Treasury chief

01/25/21

Janet Yellen was confirmed by the U.S. Senate as the country's 78th Treasury secretary and the first woman to hold the job, putting her in charge of overseeing an economy that continues to be hobbled by the coronavirus pandemic.

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Investar revisits bank purchase it terminated during pandemic's early days

01/25/21

The Louisiana company has agreed for the second time to acquire Cheaha Financial Group in Alabama.

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GreenState Credit Union pledges $500M toward racial equity efforts

01/25/21

The Iowa-based institution hopes the funds can help narrow the racial homeownership gap in the state, which is believed to be among the worst in the nation.

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Citi keeps sponsorship for golfer Thomas after slur

01/25/21

The bank considered terminating the relationship with professional golfer Justin Thomas, but instead decided to use his platform to increase awareness of discrimination against the LGBTQ community, Chief Marketing Officer Carla Hassan said Monday in a blog post.

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