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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.
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.
Trump picks former Fed official to run US central bank
President Donald Trump chose a former Federal Reserve governor to head the U.S. central bank when Jerome Powell's leadership term ends.
Introducing The Daily Record’s 2025 Banking & Financial Services Power List
The people in our Banking and Financial Services Power List each play an important part in driving Maryland’s economic successes.
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.
Applications open for MD fund linking community lenders and fintechs to address lending gaps
Maryland opened applications for a new fund meant to broaden access to capital for small businesses in underserved communities.
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.
