The Federal Reserve announced it would extend the Paycheck Protection Program Liquidity Facility until June 30; CFPB delays mandatory compliance date for a new Qualified Mortgage standard; Mehrsa Baradaran emerges as top contender to lead OCC; and more from this week’s most-read stories.
The nation's largest second credit union is thanking all full-time employees for their work since COVID hit. But even as vaccinations ramp up, remote work will be the norm for most for several more months.
Harmening, set to take the helm of Associated Banc-Corp next month, is being asked to replicate the digital transformation he led at Huntington Bancshares. His career path is a signal to the industry’s rising stars that the road to the corner office includes hands-on technology work.
Large banks and aggregator sites, like Bankrate, tend to outperform regional and community banks, but smaller institutions can compete by publishing valuable content and creating web pages for individual branches.
Unify Financial is sponsoring a $300M securitization of prime auto loans. The $3.3 billion-asset institution is only the second CU to sell securities backed by auto loans since the NCUA gave the green light for credit union securitizations nearly four years ago.
Mark Kelly will step down next month as president and CEO of the Oklahoma City-based institution. He be succeeded by the credit union's executive vice president.
Binance Holdings, the world's largest cryptocurrency exchange, has named prominent former U.S. politician Max Baucus as a policy and government-relations adviser.
CEO Solomon says there are challenges but a good chance it can meet its goal; Chase Home Lending will expand a program that provides $5,000 for closing costs and down payments in majority-Black neighborhoods.
