Sept. 15, 2025
| Today’s news and insights for banking industry leaders
The bank named Dean Athanasia and Jim DeMare co-presidents, while CFO Alastair Borthwick added executive vice president to his title.
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Curt Queyrouze, most recently president of Coastal Community Bank, was chosen as First Fed’s next CEO, following the resignation of former CEO Matthew Deines in July.
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A 2021 disclosure indicates the Fed governor intended to use a Georgia residence as a “vacation home,” in what may be a blow to mortgage fraud allegations pushed by the Trump administration.
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Dashboards are everywhere in enterprise risk and compliance management. But how many deliver value as essential tools?
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As financial firms flock to instant payments, the Federal Reserve has pitched FedNow as a way to ease internal transfers, corporate payroll and big transactions.
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The $89 billion-asset regional is “a really good partner” for small banks that “are going to be looking for a home,” its CEO said this week.
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The McLean, Virginia-based lender said the assessment, stemming from the failures of Signature and Silicon Valley Bank, should have been $325 million, not $474.1 million.
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Banks will spend $97 billion on AI by 2027 — yet only 11% of banks have deployed AI successfully so far. Learn how to automate core banking operations with autonomous AI in this playbook.
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