OCC slaps USAA over failure to fix flaws in several areas
2024年12月19日 · Dive Brief: The Office of the Comptroller of the Currency has hit USAA Federal Savings Bank with a “comprehensive” cease-and-desist order, calling out the bank for its “noncompliance” with elements of previously issued orders and OCC requirements.
Evolve Bank ‘failed in its most basic duty,’ stole from customers ...
2024年9月18日 · Evolve Bank ‘failed in its most basic duty,’ stole from customers: lawsuit The allegations come from Yotta Technologies, a fintech that says its customers are currently locked out of more than $100 million in funds.
5 lessons learned from Synapse’s collapse | Banking Dive
2024年10月30日 · Amid the Synapse ordeal, the FDIC proposed a recordkeeping rule last month to bolster recordkeeping for bank deposits received from third-party or non-bank entities that accept those deposits on behalf of consumers and businesses. The proposal aims to address the risks related to these third-party arrangements, like …
NYCB rebrands as Flagstar Financial | Banking Dive
2024年10月17日 · NYCB’s financial health came under scrutiny when the parent company of Flagstar Bank disclosed in January a $252 million loss over commercial real estate exposure and cut its quarterly dividend by 70%. The announcement sent NYCB’s share price into a tailspin that continued as the bank took larger losses and named a new CEO.
Huntington wants to open 55 branches in Carolinas over 5 years
2024年9月9日 · Dive Brief: Huntington Bank is expanding in North and South Carolina, targeting 55 branch openings in those states over the next five years, the Columbus, Ohio-based lender said Monday.; The first North Carolina branches will be located in Charlotte, Raleigh and Winston-Salem, while initial South Carolina branches will be established in Charleston, Columbia and Greenville, said CFO Zach ...
Banking News and Analysis | Banking Dive
Banking Dive provides in-depth journalism and insight into the most impactful news and trends shaping the banking industry.
Old National to acquire Minnesota’s Bremer for $1.4B
2024年11月25日 · Dive Brief: Evansville, Indiana-based Old National Bank will acquire St. Paul, Minnesota-based Bremer Bank for $1.4 billion in a stock-and-cash deal, the banks said Monday. A major farm lender, Bremer has $16.2 billion in assets, $11.5 billion in …
Capital One warns of possible CFPB enforcement action
2024年11月1日 · Dive Brief: The Consumer Financial Protection Bureau is weighing an enforcement action against Capital One related to online savings accounts that have drawn litigation, the bank said Thursday in its latest quarterly filing with the Securities and Exchange Commission.; Customers who sued said Capital One led them to believe they were receiving a higher percentage yield than they actually were.
FirstSun, HomeStreet terminate merger | Banking Dive
2024年11月20日 · Denver-based FirstSun Capital Bancorp and Seattle-based HomeStreet have agreed to terminate their proposed merger after determining “it is in the best interests of their respective companies,” both firms said in filings Tuesday.. The termination comes roughly three weeks after the banks disclosed they were “discussing the pursuit of an alternative regulatory structure ” for the deal ...
Bank of America users report online access issues
2024年10月3日 · Thousands of Bank of America customers Wednesday reported trouble accessing their online accounts, according to tech disruption monitor Downdetector and various social media platforms.. Some users said they were unable to sign in.