Prelim Named Best-in-Class in ABA’s 2024 Digital Account Opening Product Assessment We’re thrilled to announce that Prelim has been recognized as the best-in-class solution in the American Bankers Association’s (ABA) 2024 Digital Account Opening Product Assessment, conducted in partnership with…
Old Glory Bank, the esteemed pro-America online community bank, proudly announces that its revolutionary Cash-IN program has achieved a remarkable milestone, surpassing $500,000 in cash deposits. Old Glory Cash-IN, an innovative solution by the bank, offers a network of over…
Jackson National Life Insurance Company® (Jackson®), a leading subsidiary of Jackson Financial Inc.1 (NYSE: JXN), has recently been honored with the “Highest Customer Service — Financial Industry” award for achieving the highest first-call resolution rating in the market in 2023,…
Navy Federal Credit Union has proudly announced Kara Cardona as its new Chief Operating Officer, succeeding Dietrich Kuhlmann, who recently assumed the role of Chief Executive Officer following Mary McDuffie’s retirement. Effective as of March 1, 2024, these transitions mark…
Following Joe Exnicios’ official retirement on March 1, 2024, after 46 years of dedicated service, Hancock Whitney has appointed D. Shane Loper, the current Chief Operating Officer, to succeed Exnicios as the President of Hancock Whitney Bank. In his new…
Metropolitan Commercial Bank (the “Bank,” “MCB”), a New York City-based full-service commercial bank, announced today the appointment of Gregory Gaare as Senior Vice President and Chief Risk Officer, Theodore George Andreades as Senior Vice President and Bank Secrecy Act/Anti-Money Laundering…
Required to finalize its merger with American National Bankshares Inc Atlantic Union Bankshares Corporation announced today that it has received regulatory approval from the Board of Governors of the Federal Reserve System (the “Federal Reserve”) to complete the previously announced…
The Federal Home Loan Bank of Dallas (FHLB Dallas) has granted $75,000 to Project Build a Future (PBAF) through its member, First Federal Bank of Louisiana, as part of its Heirs’ Property Program. This initiative aims to assist locals in…
“With Tap to Pay and the TD Bank Mobile App, business owners can accept all types of in-person, contactless payments using only their iPhone – from contactless credit and debit card to digital wallet or wearable, Tap to Pay eliminates…
KBRA has assigned preliminary ratings to six classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2024-NQM1 (NRMLT 2024-NQM1), a non-prime residential mortgage-backed securities (RMBS) transaction valued at $281.9 million. The transaction is sponsored by Rithm Capital Corp., formerly…
Coalition Greenwich Announces 2023 Greenwich Excellence, Best Brand and Share Leaders in U.S. Middle Market Banking Middle market companies in the U.S. are rapidly embracing digitalization, causing significant shifts in the commercial banking sector. Despite continued heavy investment by banks…
Today, FINRA announced a $1.6 million fine imposed on Morgan Stanley Smith Barney LLC for recurring failures in promptly closing out inter-dealer municipal securities transactions and promptly addressing short municipal security positions exceeding 30 calendar days, along with associated supervisory…
