National banks

OCC to allow branch closures in areas hit by wildfires

08/24/20

The agency said national banks could close offices “at their discretion” as a safety precaution if they are affected by fires in California and Colorado.

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SoFi applies to open a national bank

07/09/20

If it’s approved, the charter is expected to lower the fintech’s cost of funds and allow for more product offerings. It comes nearly three years after SoFi pulled the plug on an earlier effort to open an industrial bank.

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Ending the credit union tax exemption hurts everyone

02/24/20

The author of a recent op-ed fails to realize that making credit unions pay corporate taxes would drive up costs for customers and weaken the economy.

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Varo gets vital FDIC OK for bank charter

02/10/20

It was Varo's second try with the Federal Deposit Insurance Corp., but it has now moved within a few steps of obtaining what has eluded fintech firms of late: a green light from banking regulators.

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Varo gets vital FDIC OK for bank charter

02/10/20

It was Varo's second try with the Federal Deposit Insurance Corp., but it has now moved within a few steps of obtaining what has eluded fintech firms of late: a green light from banking regulators.

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The fight over CRA reform just got more complicated

02/04/20

At a recent congressional hearing, OCC chief Joseph Otting showed just how far he might go in allowing reinvestment credits to lenders.

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TD Bank names new consumer products chief

01/27/20

The U.S. arm of Toronto-Dominion Bank said Matt Boss will oversee credit cards, residential loans and deposit products, among other areas.

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Banks and Thrifts with the Largest Securities Portfolios

01/13/20

On Sep. 30, 2019. Dollars in thousands.

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New employee retention tool has four legs and goes 'woof'

01/07/20

Some banks and fintechs have already introduced pet-friendly policies in the office. Here are five reasons why it works.

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