Aug. 20, 2025
| Today’s news and insights for banking industry leaders
The bank is targeting high-growth markets such as Austin, Miami and Dallas in a push that involves hiring more advisers, refining its AI tools and renovating 300 of its current branches.
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Markel O’Neal Calhoun stole nearly $18,000 from the bank last February, the Federal Reserve alleged.
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The proposal focuses display requirements toward screens and webpages most relevant to consumers, simplifying rules for signage on bank websites, mobile apps and ATMs.
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Learn the five reasons banks are moving print to the cloud.
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The move would add 17 branches – many along the I-85 corridor in the Carolinas. TowneBank is set to close a separate acquisition of Old Point Financial on Sept. 1.
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“People like to do business with folks that know the community, know the state, know the region,” and “that’s where banks of our size fit,” said Danny Butler, CEO of San Antonio-based Jefferson Bank.
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California resident John Tasker sued the North Carolina lender in May for alleged privacy law violations. He filed a similar lawsuit against BMO that remains active.
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When adopting secure managed file transfer (MFT) solutions, banking, financial services and insurance companies often face obstacles. Learn what they are and how to overcome them in this playbook.
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