Browsing: Bank

Mercantile Bank Corp. in Grand Rapids, Michigan, benefited from a 20% increase in deposits in 2024.Adobe Stock A tight focus on deposits helped Mercantile Bank Corp.…

This move is part of a deal the bank made last year after failing to prevent money laundering activities. The portfolio includes jumbo mortgages from U.S.…

Goldman Sachs should be particularly helped by President-elect Donald Trump’s preference for deregulation, Bank of America suggested. Less oversight can boost investor confidence that Goldman will…

Pulaski Savings Bank, a $49.5 million asset Chicago-based community bank, was shut down Friday by the Illinois Department of Financial and Professional Regulation. The Federal Deposit Insurance…

How to open a bank account online Source link

Citizens Financial Group is starting to see the payoff from major investments in its private bank and its wealth business.The company’s private banking unit hit profitability…

Welp, another day in 2025, another mortgage lender calling it quits. This time it’s depository Washington Federal Bank, or WaFd for short.The Seattle-based bank, which has…

UPDATE: This article includes quotes from CEO Brian Moynihan and CFO Alastair Borthwick, as well as new details on Bank of America’s guidance for 2025.Bank of…

Brian Moynihan, CEO of Bank of America, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici…

Rep. Andy Barr, R-Ky.Bloomberg News WASHINGTON — Rep. Andy Barr, R-Ky., is reintroducing a bill that would make it easier for new banks to form. Although Barr…