Banks put up strong earnings, lending in Q2
The Federal Deposit Insurance Corp. reported that strong profits and improvements in asset quality contributed to a strong earnings quarter for the banking industry, though capital declined and securities losses remained elevated.
‘We need to reset:’ Bank group aims to drive on-chain tech
The BankChain Alliance has signed up 37 state bankers associations, which are bringing along many of their nearly 4,000 members.
Press Release: FDIC-Insured Institutions Reported Return on Assets of 1.37 Percent and Net Income of $90.1 Billion in Second Quarter 2026
PRESS RELEASE | AUGUST 25, 2026 FDIC-Insured Institutions Reported Return on Assets of 1.37 Percent and Net Income of $90.1 Billion in Second Quarter 2026 WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) today released the results of its latest Quarterly Banking Profile, a comprehensive summary of financial results based on reports from 4,238 insured commercial banks […]
Small banks are both stalking horse and prey in the Clarity Act drama
Community banks stand to gain from the proliferation of stablecoins. Organized programs meant to convince community bankers that stablecoins will drain their deposits are disingenuous.
As education costs rise, credit unions chip in for employees
In recent years, U.S. tuition costs and student debt have skyrocketed. A number of credit unions have stepped up to help their employees handle the bills.
The best credit unions to work for in 2026
In an age of employee burnout, credit unions stand out as places where workers are unusually satisfied with their jobs. Here are the best 70 to work for.
Consumers are starting to get worn down by rising prices
Most Americans are seeing their expenses go up, and lots of them are changing their spending habits as a result, which is sapping the economy’s momentum.
5 AI-related steps to take before the SEC examiner knocks
Firms are using AI more than ever, but few have adopted clear policies outlining human oversight or how third-party vendors should handle cybersecurity.
A $111 million scheme to keep bad merchants banked
Thomas Eide’s CB Surety ran small charges on prepaid cards to dilute clients’ chargeback ratios, keeping open the accounts banks would have closed.
Should I stay or should I go? Wealth taxes add to financial planning decisions
As wealth tax proposals pop up around the country, advisors guide clients through assessing how these factors change the equation of financial planning.