Chime Agrees to Acquire Stride Bank for $590 Million in Cash Chime® (NASDAQ: CHYM), one of America’s leading consumer banking platforms, has announced a definitive agreement to acquire Stride Bank, N.A. (“Stride”) for approximately $590 million in cash. The proposed…
The Bancorp Strengthens Apex 2030 Strategy Through Continued Organizational Alignment The Bancorp Bank, N.A., a wholly owned subsidiary of The Bancorp, Inc. (NASDAQ: TBBK), is moving forward with the next phase of its long-term strategic transformation as the company continues…
FHLB Dallas and WestStar Bank Award $6,000 Grant to Support El Paso Entrepreneurship and Innovation The Federal Home Loan Bank of Dallas (FHLB Dallas), together with its member WestStar Bank, has awarded a $6,000 Partnership Grant Program (PGP) grant to…
Bank of Hope Receives Regulatory Approvals to Acquire SMBC MANUBANK’s Commercial Banking Unit Hope Bancorp, Inc. (NASDAQ: HOPE) announced that its wholly owned banking subsidiary, Bank of Hope, has secured all regulatory approvals required to move forward with its previously…
Block to Expand Cash App Score Access to Lenders Through Nova Credit Partnership Block, Inc. (NYSE: XYZ) has announced plans to make its proprietary Cash App Score available to external lenders for the first time, marking a significant expansion of…
U.S. Bank Taps NFL Quarterback Fernando Mendoza for New Campaign to Make Financial Conversations More Relatable U.S. Bank is expanding its efforts to connect with younger consumers through a new brand campaign featuring NFL quarterback Fernando Mendoza, who serves as…
FHLBank Chicago and WHEDA Strengthen Homeownership Support for Waukesha-Area Families Through Housing Counseling Grant The Federal Home Loan Bank of Chicago (FHLBank Chicago) and the Wisconsin Housing and Economic Development Authority (WHEDA) are expanding efforts to help Wisconsin residents prepare…
Mission Valley Bank Appoints Brian Carlson as President and CEO in Planned Leadership Transition Mission Valley Bank and Mission Valley Bancorp have announced a planned leadership succession that will bring veteran banking executive Brian Carlson into the role of President…
Movemint Expands Embedded Personalization Platform to Help Banks Drive Engagement and Financial Growth Movemint has announced the expansion of its embedded personalization technology into the banking sector, giving financial institutions new data-driven capabilities to personalize customer interactions, promote financial products…
U.S. Bank Wealth Management Appoints Chris Peary as Chief Private Banking Officer U.S. Bank has announced the appointment of Chris Peary as chief private banking officer for its Wealth Management business, bringing an experienced banking executive into a leadership role…
Yrefy Seeks Student Loan Origination Partner to Meet Rising Borrower Demand Yrefy, a student loan refinancing company focused on helping consumers manage private student loan debt, has announced that it is seeking an experienced private student loan origination partner to…
Trustar Bank to Acquire Forbright Bank Branches and Approximately $750 Million in Deposits Trustar Bank, the wholly owned banking subsidiary of Trustar Bankshares, Inc. (OTCQX: TRSB), has announced a strategic agreement to acquire three key locations and approximately $750 million…
