Episode Details
Back to EpisodesBank News: Bank charters, NCUA chair, SBA rebound, and M&A activity
Description
Bank News: Fintech company Parker files for bankruptcy. JPMorgan is investing $14M in anti-fraud projects. White House names John Crews to NCUA board. Credit Union membership growth returns to positive territory in 1Q 2026. Payward, the parent company of Kraken, is seeking to get a bank charter from the OCC. Augustus Bank receives conditional charter approval from the OCC. Stellantis follows Ford and GM by receiving an ILC banking charter from the FDIC. In M&A news, Hancock and Whitney acquires One Florida Bank in a $377.6M transaction and NexTier buys Bank of Dublin. SBA 7(a) lending rebounded in the 1Q 2026. U.S. regional banks realized year over year earnings growth in the 1Q 2026. This episode examined multiple articles from Banking Dive and S&P Global Market Intelligence.