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More Than 200 Bankers Let Go At Wells Fargo

PYMNTS

With that in mind, it is currently hiring agricultural bankers in markets like California, Wyoming and Idaho. However, federal data showed that Wells Fargo has been cutting back on its agricultural loans, with its Federal Deposit Insurance Corporation (FDIC)-insured units slashed $1.24 billion, or 15.3

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Wells Axes 200+ Staffers From US Lending Units

PYMNTS

With that in mind, it is currently hiring agricultural bankers in markets like California, Wyoming and Idaho. However, federal data showed that Wells Fargo has been cutting back on its agricultural loans, with its Federal Deposit Insurance Corporation (FDIC)-insured units slashed $1.24 billion, or 15.3

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Bitcoin Daily: US Regulators Join Global Financial Innovation Network; Colorado Explores Crypto Banking For Cannabis Firms

PYMNTS

The Commodity Futures Trading Commission ( CFTC ), Federal Deposit Insurance Corporation ( FDIC ), Office of the Comptroller of the Currency ( OCC ), and the Securities and Exchange Commission ( SEC ) have announced that they are joining the Global Financial Innovation Network ( GFIN ). Colorado’s bill does have support from some lawmakers.

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Cryptocurrency risks, rewards and red flags for financial institutions

Abrigo

Takeaway 2 While these financial products are appealing, the lack of stability and consumer protections surrounding them are a concern for the FDIC. ? . Takeaway 3 Financial institutions should notify the FDIC of crypto-related activity and be familiar with the risks of the cryptocurrency world. . Crypto turbulence.

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The top-performing community banks of 2021

Independent Banker

Wyoming Bank & Trust. Using FDIC data, we took into account pre-tax return-on-assets (ROA) figures from the past three years, with the most recent year weighted at 3x, second most recent year at 2x and third most recent year at 1x. First Western Federal Savings Bank. Rapid City. Bank of Montana. First Bank of Ohio. Elmore City.