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Banks now have until Nov. 21 to provide feedback on the FDIC's proposed rule on brokered deposits that could lead to higher costs for some insured depositories.
October 8
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The all-digital Grasshopper will vault from $835 million of assets to $1.4 billion and gain a potential audience of 13 million Auto Club Group customers in 14 states.
October 8
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Elena Gallo will replace Mara Holley, who is retiring.
October 8
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The Consumer Financial Protection Bureau is in the business of promoting economic justice. A second Trump administration might permanently damage the agency's ability to deliver for American consumers.
October 8
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Interchange reductions for small Canadian businesses join global efforts to curb swipe fees, prompting Visa and Mastercard to diversify
October 8
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The top five credit unions have combined real estate loans and lines of credit of more than $217 million as of June 30.
October 8
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Financial institutions are on the front lines of relief efforts in Tennessee and North Carolina, while in Florida, Hurricane Milton threatens to deal a second blow.
October 7
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A debt collection agency that provided services to Truist suffered a data breach in February affecting 4.2 million people. Truist now says some of those were its customers.
October 7
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River Run Bancorp near Boston said it would acquire Rollstone Bank and Trust, adding to a string of industry combinations as M&A activity gathers momentum in the second half of 2024.
October 7
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As regulators and Congress push for stronger consumer protections as losses mount, payment experts say there are steps companies should be taking now to respond.
October 7
