Sign In
Free Newsletter
Supreme Court rebuffs challenge to bank collusion suit brought by Baltimore, cities
The U.S. Supreme Court declined to hear a bid by Bank of America and seven other major financial institutions to prevent cities from banding together in a $12 billion class action.
Commercial lending by credit unions: What MD businesses should know
Credit unions in Maryland increased commercial lending to $6.2 billion in fiscal year 2025, supporting small businesses despite rising risk concerns.
Credit unions partner with fintech to compete with big banks
Credit unions leverage fintech partnerships to enhance digital services and stay competitive with larger banks.
APG Federal Credit Union to open first Baltimore location
APG Federal Credit Union will open its first Baltimore City branch in Canton, expanding financial services and community outreach in central Maryland.
Bank of America agrees to pay $72.5M to settle Epstein accusers’ lawsuit
Bank of America agreed to pay $72.5 million to settle a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein.
Citizens Financial Group acquires investment bank with MD office
Citizens Financial Group Inc. struck an agreement to acquire Matrix Capital Markets Group Inc., an investment bank with a Baltimore office.
JPMorgan Chase to open over 160 new branches, including 3 in MD
JPMorgan Chase plans to open more than 160 branches across more than 30 U.S. states — including Maryland — in 2026.
Fulton, Blue Foundry banks to merge in $243M deal
Regional institutions Fulton Financial Corp., which operates locations across Maryland, and Blue Foundry Bancorp are pursuing a merger.
MD credit unions strengthen ties with small businesses
As community banks consolidate, Maryland small businesses are turning to credit unions for modern tools, local service and strong relationships.
TD Bank branch in MD among dozens to close in early 2026
A TD Bank branch in Maryland is among four dozen branches nationwide expected to permanently close early next year.
Banks and retailers run short on pennies as US Mint stops making them
A nationwide penny shortage sparked by Trump’s production halt is forcing retailers to round down, ration coins and plead for exact change.
Baltimore-based CFG Bank deposits $5M into ACT Program
Baltimore-based CFG Bank gave $5 million to the Advancing Communities Together Deposit Program to aid underinvested communities.
