The Trump administration is taking additional steps to prevent people living in the U.S. illegally from using the nation’s banking system, cracking down on financial institutions that are lending money to them.
Patriot Bank is now free from enforcement actions initiated by The Office of the Comptroller of the Currency and says it wants to grow its assets by around $700 million.
Every year, the Commercial Record analyzes mortgage data to identify the state’s top loan originators. In a tough market, what helped them beat their competitors? One bank’s experience offers clues.
The Supreme Court on Monday said the Federal Reserve, unlike any other agency in Washington, has a measure of independence from the presidency and day-to-day politics. But the court didn’t define to what extent.
Stamford-based Patriot Bank is heading south. The bank is opening a branch in Palm Beach, Florida.
Like many economists, Kevin Warsh thinks the financial markets have become too dependent on Fed guidance, and that such direction is more effective in financial crises or economic downturns.
Liberty Bank is enhancing its investment in artificial intelligence with a new project dubbed the “AI Center of Excellence.” It will serve as the hub for AI strategy, governance and execution across Liberty Bank’s personal, commercial and digital banking operations.
Ion Bank will be merging with The Cooperative Bank, with the latter operating as a division of the Connecticut-based institution.
While Patriot Bank is expanding its presence in Fairfield County, the bank is also expanding its high net worth banking program.
The Treasury Department moved Friday to enlist the nation’s banks more deeply in President Donald Trump’s immigration crackdown, including issuing fresh guidance that lets banks rapidly share information about suspected customers.
Skyline Financial FCU’s COO Benjamyn Frye will add EVP responsibilities to his schedule.
Federal financial crimes investigators want banks to help as part of the Trump administration’s latest measure to clamp down on immigration.
Nitin Mhatre’s jumping from a $12 billion bank to a $2.3 billion bank as he takes the reins at First County Bank. The attraction? New ways to have an impact – and a little fun.
DR Bank, headquartered in Connecticut, submitted an application to open a new branch in White Plains, New York.
Treasury Secretary Scott Bessent winces at the allure of easy money – whether it’s lottery tickets, buy now, pay later loans or the promise of a crypto windfall.
As economic conditions grow more uncertain, Rick Muskus says First County Bank is positioning itself as a reliable financial partner for businesses.
President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office. Yet Americans shouldn’t pencil in lower borrowing costs for mortgages, auto loans or business loans just yet.
Stamford’s First County Bank has formally passed into the care of Nitin Mhatre, formerly CEO of the $12 billion-asset Berkshire Bank.
The nation’s biggest banks posted another quarter of strong profits, helped by a resilient economy and a flurry of dealmaking for their investment banking units.
One of the many multifamily complexes in Danbury near the New York state line has traded hands with a $34 million increase in sale price.
