These U.S. banks closed the most branches in the second quarter of 2024
The top five banks in this list closed a net total of 148 branches in this time period — and 492 branches in the past 12 months.
Upstart is emerging from its nuclear winter, CEO says
The company, a pioneer in AI-based lending, says improvements to its models and long-term commitments from the banks it works with will bring about positive returns in the third and fourth quarters.
Sterling in Michigan to sell bank for $261 million
EverBank Financial in Florida said the deal would give it $900 million of loans and $2 billion of deposits. Should the deal close in early 2025 as planned, it would culminate a long saga for Sterling.
How credit unions are staying relevant in the BNPL space
As member demand for installment payments increases, resource-strapped institutions are looking for outside help. Fintechs offer the service.