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A service for political professionals · Sunday, May 25, 2025 · 815,887,176 Articles · 3+ Million Readers
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  • Published on 04:30 GMT

    Money market account vs. money market fund: Differences

    Money market accounts combine the features of checking and savings accounts and are FDIC- or NCUA-insured up to $250,000 per depositor. Money market funds aren’t federally insured or regulated, but they are considered conservative investments with very low …

    Source: Yahoo Finance - Center-left
  • Published on May 24, 2025

    10 Of The Worst Car Scams To Avoid When Buying Or Selling A Vehicle

    There are plenty of things you need to look out for when buying a used car or a new car, or when selling your old vehicle. This includes your standard mechanic-approved tips for buying a used car, like checking for rust or signs of water leaks, as well as …

    Source: SlashGear - Pending
  • Published on May 24, 2025

    Liberty, North Adams State banks to merge

    LIBERTY, Ill. — The boards of directors for both Liberty Bank and North Adams State Bank announced the two banks will merge to become one bank on June 26. Regulatory approval has been granted by both the FDIC and the Illinois Department of Financial and …

    Source: The Herald-Whig - Illinois - Neutral
  • Published on May 23, 2025

    Money Movement in Focus as Bank De Novo Activity Accelerates

    Highlights Nonbanks, including FinTechs like Fiserv and Stripe, are increasingly applying for bank charters to gain inroads into processing transactions and connecting directly to payment infrastructure. This trend comes against a backdrop of previously …

    Source: PYMNTS.com - Massachusetts - Neutral
  • Published on May 23, 2025

    FDIC Rescinds 2024 Merger Guidelines; House Votes to Repeal OCC Rule Under CRA

    On May 20, federal merger policy took a sharp turn as the FDIC voted to rescind its 2024 merger guidelines, and the U.S. House passed a Congressional Review Act (CRA) resolution to repeal the OCC’s 2024 merger rule. The FDIC’s now-rescinded guidelines …

    Source: JD Supra - California - Neutral
  • Published on May 23, 2025

    Former bank executive pleads guilty to swindling $2M in check kiting fraud scheme

    EAST ST. LOUIS, Ill. – The former second-in-command of the Bank of O’Fallon appeared in federal court Monday to admit to charges for engaging in a fraud scheme to obtain more than $2 million. Andrew P. Blassie, 69, of St. Louis, pleaded guilty to one count …

    Source: Mount Carmel Register - Illinois - Pending
  • Published on May 23, 2025

    North Shore Bank Names New CEO

    Michael Wheeler. Photo courtesy of North Shore Bank North Shore Bank has named Michael R. Wheeler as its new president and chief executive officer, just a day after announcing a merger. “I am honored to take on the role of CEO, and I look forward to …

    Source: Banker and Tradesman - Massachusetts - Neutral
  • Published on May 23, 2025

    Digital dollars? The stablecoin impact on banks, payments

    Employees at the Yellow Card Financial office in Lagos, Nigeria. Yellow Card traded more than $3 billion worth of crypto in 2024. The pending passage of stablecoin legislation in the U.S. could expand the market for the assets, though to what degree …

    Source: American Banker - New York - Neutral
  • Published on May 22, 2025

    Preferred Bank Announces Stock Buyback

    LOS ANGELES, May 22, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the shareholders have approved a new $125 million stock repurchase plan. Also, on May 8, 2025, …

    Distribution channels: Banking, Finance & Investment Industry ...
  • Published on May 23, 2025

    Los Alamos Historical Society Announces Enterprise Bank & Trust’s $500,000 Contribution Toward Restoration Of Historic ...

    Enterprise Bank & Trust Market President Liddie Martinez presents a $500,000 check to Los Alamos Historical Society Executive Director Todd Nickols Thursday inside the Oppenheimer House, symbolizing the launch of a major fundraising campaign …

    Source: Los Alamos Daily Post - New Mexico - Center-left
  • Published on May 22, 2025

    These are the 92 fastest-growing banks in Chicago area

    The banks in Illinois' Cook County hold about $9.4 trillion in total combined deposits as of Dec. 31, 2024, marking a 1.21% increase over what was reported in the year-earlier period. This week's List is part of a broader strategy shift in our …

    Source: The Business Journals - Neutral
  • Published on May 22, 2025

    These are the 33 fastest-growing banks in Cleveland area

    Locally Researched by: Andrew Vaupel, American City Business Journals May 22, 2025, 6:00am EDT The banks in the Cleveland area hold more than $6.53 trillion in total combined deposits as of Dec. 31, 2024, marking a 1.11% increase over what was reported in …

    Source: The Business Journals - Neutral
  • Published on May 22, 2025

    These are the 103 fastest-growing banks in New York City

    The banks in New York City hold more than $11.06 trillion in total combined deposits as of Dec. 31, 2024, marking a 1.32% increase over what was reported in the year-earlier period. This week's List is part of a broader strategy shift in our research …

    Source: The Business Journals - Neutral
  • Published on May 22, 2025

    These are the 18 fastest-growing banks in Rhode Island

    The banks in Rhode Island hold more than $5.22 trillion in total combined deposits as of Dec. 31, 2024, marking a 0.77% increase over what was reported in the year-earlier period. This week's List is part of a broader strategy shift in our research …

    Source: The Business Journals - Neutral
  • Published on May 22, 2025

    Heritage Commerce Corp and Heritage Bank of Commerce Continue Board Leadership Succession

    SAN JOSE, Calif., May 22, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (“Heritage” or “Company”), parent company of Heritage Bank of Commerce (the “Bank”), a premier community business bank, today announces the appointment of Julianne …

    Distribution channels: Banking, Finance & Investment Industry, Companies ...
  • Published on May 22, 2025

    Why US banks are not taking their eye off reputational risk

    In March 2025, when the Federal Deposit Insurance Corporation (FDIC) became the second US prudential agency to announce plans to withdraw reputational risk as an element of bank supervisory examinations, White House cryptocurrency czar David Sacks …

    Source: Risk.net - Neutral
  • Published on May 22, 2025

    FDIC eyes change in reserve ratio calculation

    The Federal Deposit Insurance Corp.’s acting chair, Travis Hill, wants the agency to reconsider how it calculates the Deposit Insurance Fund’s reserve ratio, he said Tuesday in a statement. Hill suggested using the assessment base – generally, total …

    Source: Banking Dive - Neutral
  • Published on May 22, 2025

    Google Wallet adds a whopping 36 new banks and credit unions in the US

    Link copied to clipboard Sign in to your Android Police account Summary Google Wallet is adding tap-to-pay functionality for an increasing number of local banks and credit unions, recently surpassing a total of 5,000 supported smaller institutions. This …

    Source: Android Police - Pending
  • Published on May 21, 2025

    Lead Bank CEO calls debanking 'a fiction' at fintech summit

    SAN FRANCISCO — Never one to shy away from a hot take, Jackie Reses, CEO of Lead Bank, said during the opening panel of a fintech summit on Tuesday that she thought debanking — the practice of banks unilaterally closing a consumer or business account — was …

    Source: American Banker - New York - Neutral

01 days 21:09:28

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