Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a rule defining the qualifications for recognized industry standard-setting bodies. These bodies will issue standards that companies can use …
CFPB Finalizes Rule to Ensure Fair Industry Standards in Open Banking Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently issued a strong warning against using unlawful or unenforceable terms in contracts for consumer financial products. This move targets companies …
CFPB Warns Against Unlawful Fine Print in Consumer Contracts Read More
EXTON, PA — Automated Financial Systems, Inc. (AFS®) has announced updates on its RMA Credit Risk Navigator (CRN), a tool that helps banks benchmark loan performance, credit quality, and manage …
AFS Enhances Credit Risk Management with New Clients and Upgraded Tools Read More
LANCASTER, PA — Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has announced a new partnership with Rider University aimed at improving banking services for students, faculty, staff, …
Fulton Bank Partners with Rider University to Enhance Campus Banking Read More
WASHINGTON, D.C. — Aimed at addressing the impact of inflation, the Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board recently announced updates to Regulation CC. These changes will …
Federal Reserve and CFPB Update Rules on Bank Fund Availability Amid Inflation Read More
BLUE BELL, PA — Rego Payment Architectures announced its participation in the Independent Community Bankers of America® (ICBA) ThinkTECH Accelerator Program. This initiative, set to commence on May 19 at …
Rego Payment Architectures Joins ICBA ThinkTECH Accelerator to Innovate Community Banking Read More
HARRISBURG, PA — In a decisive move aimed at safeguarding depositor interests, the Pennsylvania Department of Banking and Securities (DoBS) announced on Friday its takeover of Republic First Bank, also …
Pennsylvania Regulators Seize Republic First Bank, Citing Financial Instability Read More
HARRISBURG, PA — In a significant expansion of a legal battle against Mariner Finance, accused of exploiting consumers through deceptive lending practices, six new states have joined Pennsylvania in a …
States Rally Against Mariner Finance in Expanding Consumer Protection Lawsuit Read More
EXTON, PA — First Resource Bancorp, Inc. (OTCQX: FRSB), the parent company of First Resource Bank, has announced the promotion of Lee Herzer to Executive Vice President & Chief Lending …
First Resource Bancorp Announces Key Executive Promotions to Propel Lending Growth Read More
EXTON, PA — Bank of America has officially opened its doors to a brand new financial center in Exton, highlighting the banking giant’s ongoing investment in its financial center network …
Bank of America Opens New High-Tech Financial Center in Exton Read More