Coronavirus Impact
Coronavirus Impact
FDIC Chairman Jelena McWilliams
BankThink

Jelena McWilliams explains the agency's decision to enlist the help of tech innovators to modernize a reporting process that the coronavirus epidemic has exposed as outdated.

July 1
3 Min Read

Investar Holding called off its deal to buy Cheaha Financial in Alabama.

July 1
1 Min Read
branch-closed.jpeg

CB Financial Services, Mercantile Bank and Nicolet Bankshares said they would shutter a total of 12 branches.

July 1
1 Min Read
BankThink

Fintech is providing real, viable and more affordable options for money remitters, to continue to be the lifeblood for communities all around the world, says Ding's Rupert Shaw.

July 1
2 Min Read
Fed Chairman Jerome Powell

Federal Reserve Chairman Jerome Powell said about 300 lenders have signed on to the program and that the central bank is committed to making adjustments that could attract more borrowers.

June 30
3 Min Read
If the 2010 reforms were not passed, "this crisis we are going through now would have been far worse,” said former Sen. Chris Dodd, D-Conn.

Chris Dodd and Barney Frank said the legislation — nearing its 10th anniversary — put banks in position to be a stabilizing force during the coronavirus crisis.

June 30
6 Min Read
Federal Reserve Exterior As Fed Looks Locked In For Quarter-Point Cut

Six of the eight regional banks that announced their stress capital buffers on Tuesday said they will need just a 2.5% cushion to weather an economic downturn. All eight said they’ll keep their dividends steady.

June 30
2 Min Read

Lenders are selling their Paycheck Protection Program loans or hiring outside companies to navigate the process in an effort to reduce risk and avoid overloading their employees.

June 30
5 Min Read
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