A new survey released by the Federal Deposit Insurance Corporation (FDIC) found that almost 96 percent of Americans had bank accounts in 2023. The 2023 FDIC National Survey of Unbanked and Underban...
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The Federal Reserve Board took action against a former executive at Nano Financial Holdings, Inc. and Nano Banc for fraudulently obtaining loans and grants administered under the Coronavirus Aid, Reli...
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A new survey from the Mortgage Bankers Association (MBA) shows that commercial and multifamily mortgage loan originations increased 59 percent in the third quarter of 2024 compared to a year ago. T...
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A new survey from TD Bank found that veterans who own and lead businesses are cautiously optimistic about the next 12 months. The survey released for National Veterans Small Business Week found th...
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The Federal Deposit Insurance Corp. and the Pennsylvania Department of Banking and Securities recently granted regulatory approvals for the merger of ACNB Bank and Traditions Bank, both Pennsylvania-b...
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The Consumer Financial Protection Bureau (CFPB) fined Navy Federal Credit Union $95 million for allegedly charging illegal overdraft fees. The CFPB said that from 2017 to 2022, Navy Federal charge...
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U.S. Senators Elizabeth Warren (D-MA), Richard Blumenthal (D-CT), Chris Van Hollen (D-MD), and Tammy Duckworth (D-IL) recently sent a letter to Scott Giles, Higher Education Loan Authority of the Stat...
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PNC Bank plans to open more than 100 additional new branches and renovate 200 more existing locations across the country. Through this $500 million investment, PNC will now expand its branch netwo...
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) said it is expanding sanctions against Republika Srpska after the corrupt patronage network evaded sanctions to accumula...
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Over the past 12 months, 22 percent of credit card customers and 29 percent of bank customers experienced an instance of fraudulent activity on their accounts, according to the J.D. Power U.S. Financi...
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