Philly-area credit union’s focus on business loans pays off
Expert quote: “Credit unions are no longer the small players people once assumed,” said Citadel Chief Commercial Banking Officer Thomas Sebok. Key insight: Ongoing consolidation in the financial services industry has created opportunities for community institutions willing to provide personal service to small-business owners, according to Sebok.Forward look: Citadel plans to open three new branches […]
ICBA says stablecoin trust bank would violate scope of charter
ICBA argues Bridge’s stablecoin model pushes the trust charter beyond its intended fiduciary scope.
These banks rely on their cultures to navigate thorny issues
Pinnacle and Peapack-Gladstone have sought to preserve their corporate cultures during periods of major change.
Best Banks to Work For 2025: More than $10B of assets
Banks with more than $10 billion of assets made up 12% of American Banker’s 2025 Best Banks to Work For list.
US regulators must stop pushing innovative fintech firms overseas
Too often, small fintechs working to bring innovative technology online in the U.S. determine that they would be better off overseas. Regulators should copy existing “sandbox” models to keep them here.
Couples finance app Tandem bought by credit union group
Reseda Group, a CUSO owned by MSU Federal Credit Union, acquired the money management app for couples as part of its strategy for family finance offerings.
Debit card rewards are coming back in vogue
Airlines and hotel chains are taking advantage of the banking-as-a-service model and favorable debit interchange regulations offered to bank issuers with under $10 billion in assets to bring debit card rewards back to market after they all but disappeared following the so-called Durbin amendment.
BNY launches stablecoin reserve fund
Following the new GENIUS Act, BNY’s fund provides a regulated vehicle for stablecoin reserves, distinct from its separate tokenization projects.
How banks are laying the foundation for agentic AI
JPMorganChase, BNY, Citi and others are getting ready to launch autonomous digital workers, but for most, several pieces need to be in place before they can go live.
What’s on the docket as Congress returns after shutdown
The government shutdown is over, and Congress gets back to its regular business. For banks, the biggest-ticket issues are ongoing deliberations on raising deposit insurance and shaping a crypto market structure bill.