U.S. Sen. Catherine Cortez Masto (D-NV) introduced legislation last week that would help small businesses across the country access funding from the Small Business Administration (SBA). During Nat...
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The Federal Deposit Insurance Corporation (FDIC) approved a deposit insurance application submitted by Stellantis Financial Services to establish Stellantis Bank USA. Stellantis is a multinational ...
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The Federal Reserve Board issued a report this week that examines the financial circumstances of U.S. adults and their families. Overall, the Economic Well-Being of U.S. Households in 2025 report s...
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Legislation introduced by U.S. Rep. Marlin Stutzman (R-IN) to enhance regulatory agencies’ ability to conduct thorough supervision and ensure the safety of the financial system has unanimously passe...
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Maine-based Androscoggin Bank and Vermont-based Mascoma Bank recently announced their plan to merge their parent companies into a single mutual holding company, pending regulatory approval. Under t...
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The U.S. House of Representatives passed legislation this week that seeks to ensure that community banks are not subject to the same examination requirements as the nation’s largest financial instit...
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The Commodity Futures Trading Commission (CFTC) filed an amicus brief in the U.S. Court of Appeals for the Sixth Circuit on Tuesday that asserts the agency’s exclusive jurisdiction over prediction m...
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The U.S. House of Representatives unanimously passed legislation that seeks to modernize the examination process for community banks and credit unions. The Supervisory Modifications for Appropriat...
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Tri-County Bank, based in Brown City, Mich., is acquiring Mayville Financial Corp. and its subsidiary Mayville State Bank. The combined bank, which will operate under the Tri-County brand, will hav...
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The National Federation of Independent Business (NFIB) Small Business Optimism Index grew 0.1 points in April to 95.9, but for the second consecutive month is below the 52-year average of 98.0. In add...
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