Tag: Federal Deposit Insurance Corp.
Citizens to launch online-only digital deposit platform Citizens Access
PROVIDENCE – Citizens Financial Group Inc. will launch a nationwide direct-to-consumer digital platform called Citizens Access, an online-only platform offering Federal Deposit Insurance Corp.-insured...
HarborOne, North Easton Savings Bank score well on CRA compliance
PROVIDENCE – Two banks operating in southeastern Massachusetts received positive grades from the Federal Deposit Insurance Corp. during recent evaluations for compliance with the...
BankNewport acquires Offshore Financial
NEWPORT – BankNewport has acquired a New Jersey financial company to operate as its marine-lending division. The Newport-based bank on Monday announced the purchase of...
FDIC: America Saves Week opportunity to build financial goals
PROVIDENCE – The Federal Deposit Insurance Corp. this week is encouraging people to recognize America Saves Week to develop or review their financial goals. The...
Citizens Bank grows share of deposits in the region
PROVIDENCE –Citizens Bank N.A. cemented its position as the bank in the region with the highest market share of deposits on June 30, according...
Federal agencies propose shortening settlement cycle for securities sales
WASHINGTON – Federal agencies last week proposed a new rule to shorten the settlement cycle for securities sales, which could save broker-dealers and financial...
Federal agencies provide guidance for financial institutions affected by Hurricane Harvey
WASHINGTON – Federal and state banking agencies released supervisory practices related to financial institutions impacted by Hurricane Harvey. The Office of the Comptroller of the...
Rhode Island banks profit at nearly triple the national rate
PROVIDENCE – Rhode Island-based banks grew profit at a much faster clip than the rest of the country during the first half of 2017,...
Federal banking agencies propose increase of commercial real estate appraisal threshold
WASHINGTON – In response to concerns raised about the cost and time associated with completing commercial real estate transactions, federal banking agencies are proposing...
Santander Bank in U.S. names Robert Rubino, Michael Cleary co-presidents
BOSTON – Santander Bank has named Robert Rubino and Michael Cleary to co-presidents of the bank. Rubino joins Santander from Citizens Financial Group Inc., where...
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