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Community banks can integrate stablecoins into their operations as the emerging technology threatens to spark a deposit exodus to less-regulated nonbanks, said Conference of State Bank Supervisors President and CEO Brandon Milhorn.
Speaking April 23 during the Iowa Division of Banking Day with the Superintendent in Des Moines, Milhorn said stablecoins issuers should no...
President Trump wants to cap credit card interest rates at 10 percent. While this populist idea is meant to help consumers and the economy, students of history know such a restriction would be terrible for consumers and seriously harm the economy.
The credit card business, essentially born in the 1960s, grew as middle-income people suddenly gained access to unsecured cr...
Green Bay, Wis.-based Nicolet National Bank is selling its branches in Denver to Sunwest Bank, Sandy, Utah.
The all-cash deal includes Nicolet’s three Denver branches, which the $15.57 billion bank secured through its acquisition of Iowa City...
Marietta, Ohio-based Peoples Bancorp is expanding in eastern Kentucky by acquiring Citizens National Corporation, Paintsville, for $76.6 million.
Announced April 21, the cash-and-stock acquisition is expected to close during the second half of this year. Citizens National Corporation is the parent company of Citizens Bank of Kentucky. The $686 million company has a doze...
Banks are more likely to fail due to underlying balance sheet issues than deposit runs, according to a recent report from the Federal Reserve Bank of New York.
Released April 16, the study included a review of...