Community banking

Meta Financial to handle refund-advance loans for H&R Block


The agreement comes a day after Axos Financial warned that H&R Block was ending their six-year-old partnership.


Heartland taps industry veteran to lead Wisconsin bank


The Iowa company said Brent Giles, who was CEO of a bank that was recently sold, will run its Wisconsin Bank & Trust.


Pandemic makes CRA reform more urgent, not less


Critics of the Community Reinvestment Act revamp want to freeze the rulemaking process. That would only delay financial help to New York and other hard-hit cities.


Coronavirus scuttles major credit union-bank deal


Suncoast Credit Union and Apollo Bank said the pandemic complicated their efforts to secure regulatory approval.


Lenders worry they could be stuck with billions in PPP loans


Banks could end up holding many low-rate Paycheck Protection Program loans on their books for two years, and dealing with irate borrowers who failed to meet federal requirements for forgiveness.


Bankers fear massive borrower fraud in PPP


Up to 12% of loans under the $660 billion small-business rescue program could be tied to misleading or completely phony applications, fueling concerns about lenders' potential liability.


Federal systems' tech flaws laid bare by coronavirus crisis


It's time for agencies like the Small Business Administration to stop playing catch-up and invest in state-of-the art technology.


Small banks hope relief efforts lead to big gains in market share


Community banks that have used the Paycheck Protection Program to help businesses ride out the coronavirus outbreak are looking to turn that goodwill into deeper loan and deposit relationships down the road.


First Defiance rebrand to reflect recently closed merger


The Ohio company, which bought United Community Financial in February, will start operating as Premier Bank later this summer.


Revive the Treasury’s Small Business Lending Fund


The program, created in response to the 2008 financial crisis, generated $19 billion in small-business loans. It could be used as a viable path out of the coronavirus pandemic.