A coalition of 21 states’ attorneys general sent a letter to the Securities and Exchange Commission (SEC) responding to the agency’s solicitation for public input on issues related to cryptocurren...
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U.S. Sens. Elizabeth Warren (D-MA) and Andy Kim (D-NJ) asked Acting Federal Deposit Insurance Corporation (FDIC) Chair Travis Hill to re-impose a moratorium on new deposit insurance approvals until Co...
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Heartland Bank and Trust Company has acquired CNB Bank & Trust in stock/cash transaction valued at approximately $170.2 million. CNB Bank, owned by CNB Bank Shares, is a community bank in Illinois ...
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A group of Senate Republicans have introduced legislation to increase reporting thresholds for currency transaction reports (CTRs) and suspicious activity reports (SARs) under the Bank Secrecy Act (BS...
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A coalition of fintech trade associations is urging the Consumer Financial Protection Bureau (CFPB) to finalize a strong open banking rule that protects consumers’ rights to their financial data. ...
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The National Credit Union Administration (NCUA) is looking to codify the elimination of reputation risk from its supervisory program. Previously, the agency announced that it ceased using reputati...
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The Bank Policy Institute (BPI) and The Clearing House Association offered several recommendations to the U.S. Department of the Treasury to modernize the Bank Secrecy Act. The recommendations s...
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U.S. consumers trust banks more than any other entity to protect them from fraud, a new survey has found. According to the survey conducted by Morning Consult on behalf of the American Bankers Ass...
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Total single-family mortgage origination volume is expected to increase to $2.2 trillion in 2026 from $2 trillion, the Mortgage Bankers Association (MBA) recently announced at its 2025 Annual Conventi...
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Huntington Bancshares has finalized its merger with Veritex Holdings, a bank holding company headquartered in Dallas, Texas. The acquisition will expand the Columbus, Ohio-based bank’s presence ...
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The U.S. District Court for the Central District of California recently entered a final judgment against Safeguard Metals LLC and its owner, Jeffrey Ikahn, for operating a fraudulent scheme targeting ...
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The federal bank regulatory agencies have withdrawn the interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions. The agencies – including the Federal...
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Security First Bank is acquiring 11 branches in Nebraska from First Interstate, which owns First Interstate Bank. The agreement provides for the transfer of approximately $280 million in deposits,...
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The Mortgage Bankers Association (MBA) Builder Application Survey data show that mortgage applications for new home purchases increased in September. When compared to the same time in 2024, the nu...
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The U.S. Federal Housing Finance Agency released a call for public feedback on its latest proposed Strategic Plan. In an Oct. 15 press release, the agency announced its proposed Strategic Plan for...
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First Citizens Bank & Trust is acquiring 138 branches in the Midwest, Great Plains and West regions from BMO Bank N.A. Specifically, the acquired branches are located in North Dakota, South Dakota...
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Kansas City-based UMB Financial Corp. (UMBF), a financial services company, recently completed Heartland Financial USA’s systems and brand conversion, marking the final step in UMB’s largest acqui...
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The Office of the Comptroller of the Currency (OCC) has granted conditional approval to Erebor Bank for a national bank charter. Erebor will be a full service insured national bank that plans to ta...
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In September, the National Federation of Independent Business (NFIB) Small Business Optimism Index dropped 2 points to 98.8, the first decline in three months. In addition, the Uncertainty Index incre...
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CME Group has introduced options trading this week on both Solana (SOL) and XRP futures. Clients will now have the ability to trade options on SOL, Micro SOL, XRP, and Micro XRP futures, with daily, ...
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