The Latest
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Virginia banks to combine in $253M deal
A tie-up with Eagle Financial Services would nearly triple John Marshall Bancorp's branch footprint and almost double its assets.
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Block seeks OCC bank charter
Cash App’s parent is joining a parade of fintechs seeking to become national banks as the Office of the Comptroller of the Currency allows more leeway for such licenses.
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Chime to buy Stride Bank for $590M
Acquiring one of its longtime bank partners offers the fintech “a faster and more proven path to full-stack ownership,” compared to pursuing its own charter, Chime said Tuesday.
Updated Sept. 9, 2026 -
EverBank, WaFd to merge in $3.9B deal
The transaction, set to close in the first quarter of 2027, would create a lender with $75 billion in assets, $59 billion in deposits and $58 billion in loans.
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Georgia de novo opts to recapitalize Virginia bank
“It would have taken us a year and a half to two years to get near a $200 million bank,” Georgia Skyline Bank co-founder Ryan Floyd said. “Now we’re that on Day One.”
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Huntington elevates Standridge to president
Brant Standridge, president of consumer and regional banking, will oversee all of Huntington’s revenue-generating businesses.
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Revolut nabs conditional OCC charter
The neobank has long eyed a U.S. banking charter, seeing it as “a seat at the table” with regulators.
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MoneyLion alums take OpenReserve ‘out of stealth’
Couched as a home for “continuous” banking, the company received conditional approval for a national banking license from the OCC.
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Retrieved from GAO.
Banks without holding companies need better disclosure rules: GAO
Such banks aren’t subject to SEC review, and regulators aren’t assessing those lenders’ disclosures for investors’ benefit, the watchdog said.
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TD pushes US branch expansion amid AML reform
The Canadian bank plans to open 100 U.S. branches by 2028, mostly in the Southeast. But satisfying its long-running consent order remains a top priority, executives said.
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Kansas’ Equity Bank to expand in Iowa with $123.8M deal
Acquiring Lincoln Savings Bank would give Equity 16 added branches in the Hawkeye State and create a lender with $9.1 billion in assets.
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Banks can question customer activity without disclosing SARs
Five federal regulators clarified how financial institutions can talk to customers about suspicious activity without violating the Bank Secrecy Act.
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FNBO to acquire Colorado bank in $204M deal
The Nebraska-based lender said acquiring $1.4 billion-asset InBank will expand its Colorado footprint into the Denver and Colorado Springs markets.
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Citizens targets gap between consumer, commercial banking
Tapping its private-bank focus areas, the lender has hired business bankers in New York, Florida and California markets, targeting clients with $5 million to $50 million in revenue.
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TabaPay eyes OCC charter with Denver bank deal
The money movement platform, which once sought to buy Synapse’s assets, received a $155 million investment to pursue Transact Bank.
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Republicans unveil bill to change CFPB funding structure
"The agency would receive its funding from congressional appropriations instead of the Fed under the bill, which would also limit the CFPB’s ability to enforce violations against unfair, deceptive, or abusive acts or practices.
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Stablecoins lose ground to tokenized deposits
While the digital currencies have gained some acceptance, there is a growing interest by financial institutions in tokenized deposits as an alternative.
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Mike Lyons begins his Truist era
As the industry veteran takes the helm of the bank, he’ll need a “bold and big” plan to jump-start the bank’s growth, an analyst said.
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Wells, BofA, Citi back upcoming stablecoin
Goldman Sachs, PNC and Capital One are also among 21 financial institutions partnering on an asset expected to go to market early next year.
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KeyCorp taps City National, Fifth Third alum as strategy chief
Chris Doll’s “ability to align strategy, financial discipline, and execution will be instrumental as we continue to drive long-term growth,” Key CFO Clark Khayat said.
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U.S. Bank expands business banking roster
The super-regional lender is adding bankers to serve business clients in Florida and Georgia, where it already has wealth and middle-market bankers, an executive said.
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SVB ex-parent not entitled to $1.7B from FDIC
Silicon Valley Bank’s former parent company will not get $1.7 billion from the Federal Deposit Insurance Corp., a federal judge ruled, because some executives made decisions that led to SVB’s bankruptcy.
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BitGo acquires NYDIG’s institutional trading business
The transaction allows NYDIG to focus on power generation, bitcoin mining and data center development, the company said.
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OCC, FDIC cement drill-down on ‘material financial risks’
The agencies said the changes would provide greater clarity and certainty for banks, while critics say revisions will weaken supervision.
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Warsh furthers his push toward a ‘quieter Fed’
In his first Jackson Hole address, new Federal Reserve Chair Kevin Warsh doubled down on a promise to cut “forward guidance” and a commitment to 2% inflation.