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Banking

Capital
National

Federal Reserve and CFPB Update Rules on Bank Fund Availability Amid Inflation

May 19, 2024May 19, 2024 - by Maryann Pugh

WASHINGTON, D.C. — Aimed at addressing the impact of inflation, the Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board recently announced updates to Regulation CC. These changes will …

Federal Reserve and CFPB Update Rules on Bank Fund Availability Amid Inflation Read More

REGO Payment Architectures
Regional

Rego Payment Architectures Joins ICBA ThinkTECH Accelerator to Innovate Community Banking

May 14, 2024May 14, 2024 - by Timothy Alexander

BLUE BELL, PA — Rego Payment Architectures announced its participation in the Independent Community Bankers of America® (ICBA) ThinkTECH Accelerator Program. This initiative, set to commence on May 19 at …

Rego Payment Architectures Joins ICBA ThinkTECH Accelerator to Innovate Community Banking Read More
Republic Bancorp
Pennsylvania

Pennsylvania Regulators Seize Republic First Bank, Citing Financial Instability

April 28, 2024April 28, 2024 - by Maryann Pugh

HARRISBURG, PA — In a decisive move aimed at safeguarding depositor interests, the Pennsylvania Department of Banking and Securities (DoBS) announced on Friday its takeover of Republic First Bank, also …

Pennsylvania Regulators Seize Republic First Bank, Citing Financial Instability Read More

Litigation
Pennsylvania

States Rally Against Mariner Finance in Expanding Consumer Protection Lawsuit

April 3, 2024April 4, 2024 - by Maryann Pugh

HARRISBURG, PA — In a significant expansion of a legal battle against Mariner Finance, accused of exploiting consumers through deceptive lending practices, six new states have joined Pennsylvania in a …

States Rally Against Mariner Finance in Expanding Consumer Protection Lawsuit Read More
First Resource Bancorp, Inc
Executives

First Resource Bancorp Announces Key Executive Promotions to Propel Lending Growth

April 1, 2024April 1, 2024 - by Timothy Alexander

EXTON, PA — First Resource Bancorp, Inc. (OTCQX: FRSB), the parent company of First Resource Bank, has announced the promotion of Lee Herzer to Executive Vice President & Chief Lending …

First Resource Bancorp Announces Key Executive Promotions to Propel Lending Growth Read More

Bank of America Exton Financial Center Ribbon Cutting
Business

Bank of America Opens New High-Tech Financial Center in Exton

February 23, 2024February 23, 2024 - by Timothy Alexander

EXTON, PA — Bank of America has officially opened its doors to a brand new financial center in Exton, highlighting the banking giant’s ongoing investment in its financial center network …

Bank of America Opens New High-Tech Financial Center in Exton Read More
Bank
National

CFPB Proposes Game-Changing Rule on Bank NSF Fees

January 28, 2024January 28, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has now taken a bold stance, recently proposing a new rule that may revolutionize the approach of banks and financial institutions …

CFPB Proposes Game-Changing Rule on Bank NSF Fees Read More

Consumer Financial Protection Bureau (CFPB)
National

Proposed CFPB Rule Could Save Billions for Americans: An Insight into Overdraft Fees’ Loophole

January 21, 2024January 20, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has initiated a groundbreaking move to confront the rising overdraft fees that are emptying the wallets of consumers and filling the …

Proposed CFPB Rule Could Save Billions for Americans: An Insight into Overdraft Fees’ Loophole Read More
REGO Payment Architectures
Regional

Rego Payment Architectures Marks a Year of Growth, Reinforcing its Position in Youth Banking

January 18, 2024January 17, 2024 - by Timothy Alexander

BLUE BELL, PA — Rego Payment Architectures, Inc. has concluded a year marked by substantial growth, critical partnerships, and pioneering innovation, solidifying its status in the youth banking sector. This …

Rego Payment Architectures Marks a Year of Growth, Reinforcing its Position in Youth Banking Read More
FDIC
National

FDIC Introduces New Regulations to Guard Its Name, Logo from Misuse

December 26, 2023December 23, 2023 - by Maryann Pugh

In an effort to protect its reputation and the public’s trust, the Federal Deposit Insurance Corporation (FDIC) Board of Directors recently voted for a final rule to update the regulations …

FDIC Introduces New Regulations to Guard Its Name, Logo from Misuse Read More

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