Sage Capital Bank hopes digital banking upgrade fosters growth
A partnership with fintech Apiture will give the bank new online and mobile banking services by the end of 2025.
HomeTrust to sell east Tennessee branches to Apex Bank
Asheville, North Carolina-based HomeTrust Bancshares is pulling back from the region, selling its two Knoxville branches for an undisclosed sum. Apex will assume the branches’ deposits, valued at an estimated $42 million.
What the critics of a strategic bitcoin reserve don’t understand
There are reasons to be cautious about how a strategic reserve of the cryptocurrency is established, but the economic arguments for including it in the federal government’s portfolio are strong.
Trump’s flip, EU regs give stablecoin issuers hope
Circle and other payment executives say Trump’s stated support for digital assets will remove hurdles that have held back support from merchants and consumers.
M&T Bank hires ex-USAA executive as new chief risk officer
Neeraj Singh joins the Buffalo, New York-based bank after a four-year stint at USAA, which has seen an exodus of top executives.
Citi revamps private bank’s leadership following Ida Liu’s exit
The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy Sieg, head of wealth.
Michigan credit union LAFCU slashes overdraft fees
The Michigan-based institution lowered overdraft and nonsufficient fund fees to 99 cents, amid a torrent regulatory rulemaking and action related to overdraft.
What bankers need to know about the Trump coin
President Donald Trump and the first lady released their own cryptocurrencies. Experts compare them to Beanie Babies and Dogecoin.
Scott Bessent’s confirmation as Treasury Secretary expected today
The Senate voted 67-23 over the weekend to consider the hedge fund billionaire’s nomination, setting him up for a vote this evening.
Southern California banks gauge wildfire damage, prep rebuild plans
Financial services providers in the region say they’re ready to do their part rebuilding Southern California after a series of devastating fires. For many regional and community banks, initial fire-damage surveys identified limited impact.