Banking News and Analysis | Banking Dive
WEBNBT to merge with in-state lender in $236M deal. The deal, set to close in the second quarter of 2025, will extend NBT’s footprint into western New York by adding 18 Evans Bank branches. Banking Dive provides in-depth journalism and insight into the most impactful news and trends shaping the banking industry.
Banking News and Analysis | Banking Dive
WEBGoldman to cut hundreds of jobs: reports. The staff reduction, tied to annual performance reviews, could affect between 1,300 and 1,800 employees, or 3% to 4% of the bank’s workforce, The Wall Street Journal reported Friday. Banking Dive provides in-depth journalism and insight into the most impactful news …
NY credit union-bank tie-up pushes 2024 to brink of M&A record
WEB7 hours ago · Rochester, New York-based ESL Federal Credit Union has agreed to acquire Seneca Falls-based Generations Bancorp in an all-cash transaction valued at $26.2 million — marking the 16th proposed whole-bank purchase by a credit union this year. The transaction — expected to close in the second or third quarter of …
Banks Improve Transaction Search and Debit Card Management …
WEB4 hours ago · WILMINGTON, Del. — Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of the Q3 2024 edition of its Mobile Banker Scorecard.U.S. Bank retained the top rank with the highest Overall Score for its mobile user experience in Keynova Group’s competitive evaluation of 17 leading U.S. banks’ mobile app and mobile web ...
U.S. Bank reaches its proving ground | Banking Dive
WEBSep 13, 2024 · Dive Brief: U.S. Bank CEO Andy Cecere pledged Thursday to grow revenues faster than expenses in the coming years, saying the lender has made needed investments and will better leverage its “set of unique businesses” than it has in the past. During the Minneapolis-based super regional’s investor day …
Banking Technology News | Banking Dive
WEB6 days ago · Open technology empowers banks to thrive in a dynamic digital world. Today’s banking and financial services industry is characterized by constant, rapid change. By Joe Gomez - General Manager for US Mid-Market Core …
Retail Banking News | Banking Dive
WEB5 days ago · EverBank to buy Michigan’s Sterling Bank for $261M. The deal includes 25 branches, $900 million in loans and $2 billion in deposits; but not Sterling’s sole Michigan branch or its $372.9 million portfolio of residential tenant-in-common mortgage loans. By Gabrielle Saulsbery • Sept. 16, 2024.
Banking Payments News | Banking Dive
WEBSep 18, 2024 · U.S. Bank works to simplify SMB banking, payments. To stand out from competitors, the Minneapolis-based lender has also expanded its SBA loan program over the last year, said Shruti Patel, chief product officer for business banking. By Caitlin Mullen • Aug. 29, 2024. Explore the Trendline .
Fintech News - Banking Dive
WEB5 days ago · Compliance in banking. A trio of fintech execs share their thoughts on partnerships with banks. This collection also explores the most pressing issues faced by three banks — TD, Capital One and Citi — heavily invested in …
Deep Dive - Banking Dive
WEBJan 10, 2024 · Cannabis-friendly banks face pressure to differentiate. Banks have used risk-based pricing and non-interest-bearing accounts to justify the high cost and labor associated with banking the sector. But as more players enter the game, firms weigh rethinking their strategies. Anna Hrushka • Sept. 26, 2023.