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Home » Industry

Industry

Somerset Regal Bank in New Jersey appoints new CEO

By Dave Kovaleski   |   November 21, 2025   |   Industry

New Jersey -based SR Bancorp, the holding company for Somerset Regal Bank, named a new CEO to replace its retiring chief executive.  Current SR Bancorp CEO William Taylor announced his retirement ...

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Organization urges industry members to join working group

By Melina Druga   |   November 20, 2025   |   Federal

The Mortgage Industry Standards Maintenance Organization (MISMO), the standards development body for the mortgage industry, urges industry professionals to join the Title and Closing Documents to Data...

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Idaho executive pleads guilty to insider trading

By Liz Carey   |   November 20, 2025   |   Industry

Officials at the U.S. Department of Justice said the former Eagle, Idaho-based president and CEO of a public company has pleaded guilty to insider trading. According to the DOJ, Michael Smith, 48,...

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United States, Saudi Arabia sign cooperation frameworks

By Melina Druga   |   November 20, 2025   |   Federal

The U.S. Department of the Treasury and the kingdom of Saudi Arabia signed two new frameworks for enhanced cooperation on Monday. The documents are part of the Strategic Economic Partnership with ...

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Federal Reserve Board releases bank supervision enhancements information

By Liz Carey   |   November 19, 2025   |   Federal

On Tuesday, the Federal Reserve Board released information about enhancements to supervisory operating principals for banks. The new principles were provided to all Fed supervisory leadership and ...

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Community First Credit Union to acquire First Southern Bank

By Melina Druga   |   November 19, 2025   |   Industry

Community First Credit Union of Florida, a state-chartered credit union with 24 locations, has entered into an agreement to acquire all of Georgia-based First Southern Bank’s assets and liabilities....

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Valley National Bank names chief banking officer for New Jersey

By Melina Druga   |   November 18, 2025   |   Industry

Valley National Bancorp, the holding company of New Jersey-based Valley National Bank, announced that Curt Lang has been appointed chief banking officer for New Jersey. He will lead the strategic dire...

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First United Bank names Carissa Rodeheaver as new chairman, president, CEO

By Dave Kovaleski   |   November 18, 2025   |   Industry

First United Bank & Trust announced that Carissa Rodeheaver, chairman, president, and CEO, will retire after the 2026 annual meeting scheduled for May 7, 2026.  To facilitate the succession pl...

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Senators call for federal transparency on economy

By Liz Carey   |   November 18, 2025   |   Federal

U.S. Sens. Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Maria Cantwell (D-WA) and Gary Peters (D-MI) are urging the federal government to release economic data before the Federal Reserve’s Decemb...

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SEC Division of Enforcement deputy director concluding term

By Melina Druga   |   November 17, 2025   |   Federal

Antonia M. Apps, Securities and Exchange Commission (SEC) Division of Enforcement (Northeast) deputy director, will conclude her tenure on Dec. 1. She was appointed Division of Enforcement acting depu...

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Cannabis Banking

  • Pennsylvania AG among coalition urging Congress to pass cannabis banking bill
  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access

Digital Currency

  • CME Group cryptocurrency complex reaches record daily volume
  • Rep. Davidson introduces bill to allow Americans to pay taxes in Bitcoin
  • Nebraska issues charter to Telcoin Digital Asset Bank
  • Scam Center Strike Force to address crypto-facilitated fraud, scams
  • Crypto fintech Ripple announces $500M strategic investment

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