Kansas City community bank plans fintech accelerator
Fountain City Fintech, a program planned by NBKC Bank, would be one of the first fintech incubators formed by a community bank. ... Read full article
Fountain City Fintech, a program planned by NBKC Bank, would be one of the first fintech incubators formed by a community bank. ... Read full article
The Dallas company expects to report a higher loan-loss provision after the loans, which include two shared-national credits, deteriorated in the second quarter. ... Read full article
Ruoff Financial will make its first push into banking with the purchase of SBB Bancshares. ... Read full article
The National Credit Union Administration is set to vote on revisions to its field-of-membership rule, even as it's entangled in a legal dispute with the American Bankers Association over the rule. ... Read full article
The Connecticut company will have nearly $48 billion in assets after it buys First Connecticut Bancorp. ... Read full article
Cost-cutting will be important, but for its acquisition of CoBiz to be a winner, BOK Financial will have to prove it can boost fee income as it has with smaller acquisitions. ... Read full article
The deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets. ... Read full article
C.G. Kum, who has been the Los Angeles company's CEO the past five years, plans to retire in May. ... Read full article
Blue Lion Capital, which has been a vocal critic of the Seattle company's strategy, also wants management to consider selling its MSR portfolio. ... Read full article
Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had other suitors. ... Read full article
Starling's Anne Boden and Mastercard's Ann Cairns have a similar warning for the banking and tech sectors. Facebook scolds activist investor Natasha Lamb for being "not nice." And some big Most Powerful Women moves, as Catherine Keating ... Read full article
The company, which was flagged for two products, has been working with its regulators to determine the right amount to set aside. ... Read full article
Of all the types of malicious software targeting businesses, ransomware continues to be one of the most pervasive, according to recent studies. Here's an overview of the things banks, especially small ones, are doing to stop it. ... Read full article
Approval rates for small-business loan applications were up at small and larger financial institutions as the labor market continued to improve. ... Read full article
The acquisition will help Carolina Trust expand its operations around Charlotte. ... Read full article
Opening internet cafes and investing in new technology are part of an effort to provide nimble, efficient services, the bank's CFO said in a strategy talk. ... Read full article
Dan Heine and Diana Yates were accused of hiding Bank of Oswego's condition by inaccurately reporting bad loans. ... Read full article
The Seattle company is firing 127 people, or a tenth of its mortgage staff, after enduring months of slow activity. ... Read full article
The Indiana bank would add nearly $100 million in deposits with its purchase of FM Bancorp. ... Read full article
Charter One wanted to sell itself quickly because it feared valuations had peaked, and CenterState was able to beat other potential suitors to the punch. ... Read full article