US Banking
Latest news, explainers and analysis on US Banking. Tracking 5 stories on Arth Vani.
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Latest on US Banking
M&T Bank to Announce Third Quarter 2026 Earnings on October 16
M&T Bank Corporation, a prominent U.S. financial institution, will release its third-quarter 2026 earnings results before market opening on Friday, October 16, 2026. Following the announcement, the bank will host a conference call to discuss its financial performance.
M&T Bank Raises US Prime Lending Rate to 7.00% Effective September 17, 2026
M&T Bank Corporation, a prominent US financial holding company, announced an increase in its prime lending rate from 6.75% to 7.00%, effective Thursday, September 17, 2026. This move directly impacts borrowing costs for businesses and consumers in the United States, reflecting broader monetary policy trends.
New LaunchUS-Based PremierOne Credit Union Launches New Home Equity and Money Market Products
California-based PremierOne Credit Union has introduced two new home equity loan products and a high-yield 'Premier Money Market Plus' account. These offerings aim to provide members with more flexible financing options and competitive savings rates amid changing market conditions.
Trump Family-Backed Firm World Liberty Gets US Approval to Issue Stablecoins
World Liberty Trust Company, a firm backed by the Trump family, has received conditional approval from the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter. This significant regulatory step will allow the company to issue stablecoins, bringing a crypto entity under traditional banking oversight in the United States.
Happen Bank Reports Record $75.7 Million Pre-Tax Income in Q2 2026 Post-Rebrand
Happen Bank, formerly known as LendingClub, announced a record pre-tax income of $75.7 million for the second quarter of 2026. The San Francisco-based bank also reported substantial year-over-year growth in loan originations and diluted earnings per share, following its successful rebranding.
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