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 U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued an alert to help financial institutions identify and stop funding networks supporting Iran’s Islamic Revolutiona...
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The American Bankers Association, among other financial trade associations, are urging Senate Banking Committee leaders to make technical refinements to the stablecoin bill, the CLARITY Act. Specif...
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Cincinnati-based Fifth Third Bancorp recently closed on its purchase of California-based Mechanics Bank’s Delegated Underwriting and Servicing (DUS) business line. The deal includes a $1.8 billion u...
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The U.S. Small Business Administration announced up to $50 million in grant funding will be available to as many as 10 organizations to provide training and technical assistance to support small manuf...
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Former First National Bank of Lindsay (FNBL) President and CEO Danny Seibel pleaded guilty on Thursday to one count of bank fraud. A federal district court judge will determine his sentence, but Seibe...
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The Office of the Comptroller of the Currency (OCC) released its Semiannual Risk Perspective last week, highlighting the key issues facing the federal banking system. The report found that bank ear...
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Members of the National Association of Insurance Commissioners (NAIC) met with U.S. Treasury Secretary Scott Bessent last week to discuss the intersection of private credit and insurance. State ins...
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Cleveland-based KeyBank, one of the largest bank-based financial services companies in the United States, recently announced it is expanding its middle market commercial banking capabilities in South...
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The Securities and Exchange Commission (SEC) charged 21 individuals for their alleged involvement in an insider trading scheme. The individuals are alleged to have used information misappropriated ...
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