Docking Bancshares in Arkansas City, Kan., has agreed to buy RelianzBank in Wichita, Kan.
The $434 million-asset Docking is expected to complete the acquisition of the $51 million-asset Relianz by June 30, according to the
David Harris, president and chief executive of RelianzBank, will become the Docking's Kansas regional president.
Consumer groups and banks are pushing for increased regulation on credit unions, aligning on concerns over tax exemptions, consumer protection standards, and the rising trend of credit union acquisitions of community banks.
Morais, the former president of consumer and commercial banking at Ally, reflects on the lessons learned in her more than three-decade career.
Analysts are watching both Vice President Kamala Harris and former President Donald Trump for potential regulatory picks, as well as how strongly Trump advocates for policies like tariffs and deportations that could impact the economy, inflation and bankers' prospects.
Leaders at financial institutions said borrower demand should pick back up, if slowly, following Tuesday's vote.
The Consumer Financial Protection Bureau will soon have to defend its interpretive buy now/pay later rule in court following an industry advocacy group lawsuit. Here's what's at stake.
Potential new Senate Finance Committee Chair Sen. Mike Crapo, R-Idaho, has suggested a potential workaround to offset the cost of extending the Tax Cuts and Jobs Act.
