Retail
-
Permission granted by Citizens Financial Group
Citizens to exit agreements with CoreCivic, GEO
Citizens called the end of its relationships with the ICE contractors “a business decision” that “does not reflect any change in our view regarding these companies' business models or operations.”
By Gabrielle Saulsbery • July 20, 2026 -
Getty Images
Kansas’ Small Business Bank fails
The Fed last month gave the Lenexa-based lender 30 days to increase its equity, after two previous enforcement actions. It’s the fourth bank collapse of 2026 and the second in seven days.
By Dan Ennis • July 20, 2026 -
Explore the Trendline➔
Getty Images
TrendlineArtificial intelligence
Banks must decide whether to forge AI tools in-house or partner with outside firms. AI’s importance can’t be understated, but legacy tech may also constrain the budget for banks looking to innovate.
By Banking Dive staff -
Getty Images
Banks report operational changes driven by AI adoption
Executives at Bank of America, Citi and JPMorgan Chase highlighted the scale of ongoing AI adoption efforts and effects on operations.
By Makenzie Holland • July 20, 2026 -
Kate Tornone/Banking Dive
Citizens to close about 100 in-store branches for 50 retooled ones
The stand-alone branches will give greater emphasis to advice, private banking, wealth and serving small businesses, the bank said Thursday.
By Dan Ennis • July 17, 2026 -
Drew Angerer / Staff via Getty Images
Truist’s Rogers: Lyons CEO appointment brings ‘certainty’
There was “probably a little uncertainty of my timeline,” the outgoing CEO said Friday, and naming Mike Lyons to the role provides “assurance.”
By Caitlin Mullen • July 17, 2026 -
Permission granted by Office of the Comptroller of the Currency
State AGs blow whistle on OppFi, Enova deals
Twenty state attorneys general, led by Illinois AG Kwame Raoul, wrote a letter urging the OCC, Fed and FDIC not to approve the proposed fintech purchases of banks.
By Gabrielle Saulsbery • July 17, 2026 -
Permission granted by Quontic Bank
OCC terminates Quontic consent order
Quontic CEO George Lazaridis said the bank viewed the remediation process “as an opportunity to strengthen the foundation of our bank.”
By Gabrielle Saulsbery • July 16, 2026 -
Melissa Blazer Photography
Former BNY exec seeks to launch community bank in Pittsburgh
Sagehaven Bancorp aims to focus on serving small and mid-market companies and mid- to high-net-worth individuals and is projected to open in April 2027.
By Gabrielle Saulsbery • July 16, 2026 -
Retrieved from Wikimedia Commons.
NC’s First Bank to buy SC lender for $166M
Buying Carolina Bank & Trust would add 14 branches to First Bank’s existing 113-location footprint and push the acquirer well past $13 billion in assets. The deal is set to close by the first quarter of 2027.
By Dan Ennis • July 15, 2026 -
Spencer Platt / Staff via Getty Images
Bank of America’s chatbot Erica continues to amplify digital engagement
Active users of Bank of America’s chatbot grew 23% year over year to 24.6 million.
By Kristen Doerer • July 15, 2026 -
Michael M. Santiago / Staff via Getty Images
Citi flags potential for more severance this year
The bank, which has reduced headcount by about 5% over the past year, is focused on finding efficiencies to fund investments, executives indicated Tuesday.
By Caitlin Mullen • July 15, 2026 -
Getty Images
First Hawaiian to buy California’s TriCo in $2B deal
The acquisition, set to close by year-end, marks a return to the mainland for the Hawaiian lender, which was once part of BNP Paribas’ U.S. network.
By Dan Ennis • July 14, 2026 -
Alexander Tamargo via Getty Images
JPMorgan’s Dimon: Lake chose retirement after board named co-presidents
The CEO didn’t say what prompted last month’s appointment of Doug Petno and Troy Rohrbaugh as co-presidents, but referred to it as “a natural change” in the bank’s succession planning process.
By Caitlin Mullen • July 14, 2026 -
Getty Images
OCC shutters smallest US bank
Customers of Kentland Federal Savings and Loan Association of Kentland, Indiana, automatically became customers of nearby but unrelated Kentland Bank, which was appointed receiver by the FDIC.
By Gabrielle Saulsbery • July 13, 2026 -
Thomas Lohnes via Getty Images
Deutsche Bank fined $2M by Australian regulator
It’s the second fine this year for the German bank, though it did not admit guilt or liability.
By Gabrielle Saulsbery • July 13, 2026 -
Andrew Harnik via Getty Images
Fed faults Iowa bank holding companies
TS Banking Group and its bank holding company subsidiary TS Contrarian Bancshares must strengthen capital at two subsidiary banks, the central bank ordered.
By Gabrielle Saulsbery • July 10, 2026 -
Caitlin Mullen/Banking Dive
Valley Bank exec: AI is changing build-versus-buy question
The New Jersey-based lender is using tiered employee access to control AI costs while pursuing internal efficiencies and relationship-building use cases, its chief operating officer said.
By Caitlin Mullen • July 10, 2026 -
Sean Pavone via Getty Images
Activist investors push Alabama bank to use its built-up equity
United Bancorporation of Alabama has teased the prospect of M&A, but since a $123 million cash infusion, its expenses have ballooned and deposits have stagnated, investors said.
By Dan Ennis • July 9, 2026 -
CrackerClips via Getty Images
Louisiana bank buys financial consulting firm
Business First Bancshares, parent company of b1BANK, is a serial acquirer. This marks its seventh deal since 2020.
By Gabrielle Saulsbery • July 9, 2026 -
Courtesy of Starling Bank
Starling to whittle headcount by 3%
The London challenger bank is cutting jobs to eliminate duplication and accelerate product delivery, a spokesperson said.
By Gabrielle Saulsbery • July 8, 2026 -
Courtesy of PNC
PNC’s new mobile banking app built on personalization
The Pittsburgh-based bank wanted to debut a customizable app with more features and functionality “without making it heavy,” said Alex Overstrom, the lender’s head of retail banking.
By Caitlin Mullen • July 8, 2026 -
Getty Images
Bank7 to buy 71% of Century Bank, maybe
Century said it’s not involved in the share sale. But after its largest shareholder defaulted on loans at another bank with Century shares as collateral, the sale is partly up to the courts.
By Gabrielle Saulsbery • July 7, 2026 -
Caitlin Mullen/Banking Dive
U.S. Bank pursues Gen Z with payments-first strategy
By treating payments as the entry point to banking relationships, the Minneapolis-based lender is cultivating a low-cost funding base in a fiercely competitive deposit environment, said executive Arijit Roy.
By Caitlin Mullen • July 7, 2026 -
Matt Gush via Getty Images
Fed dings small Kansas lender for third time since 2023
Lenexa, Kansas-based Small Business Bank must address being “significantly undercapitalized” within 30 days, the central bank wrote.
By Gabrielle Saulsbery • July 6, 2026 -
Permission granted by Office of the Comptroller of the Currency
OCC ends enforcement against Patriot Bank
Expenses related to the agreement have totaled over $5 million. CEO Steven Sugarman said he now expects regulatory and FDIC fees to decrease.
By Gabrielle Saulsbery • July 2, 2026
