The bank cited regulators’ changing expectations. Banking-as-a-service accounts for 2% of Five Star’s deposits and less than 1% of its loans and two of its 12 clients have already begun offboarding, ...
Fifth Third was awarded the Equality 100 Award as a leader in LGBTQ+ workplace inclusion by the Human Rights Campaign.
The New York community bank cited the contribution of BaaS to its core financial results, evolving regulatory expectations, ...