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American Community Bank & Trust
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location iconCrystal Lake, Illinois
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American Community Bank & Trust is a commercial bank firm based in Crystal Lake, United States. American Community Bank & Trust provides multi-family office account services services for high-net-worth families, foundations and endowments, and institutions.

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Commercial Banks
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American Community Bank & Trust - Recent News & Articles

Asia Economy India’s central bank revises down economic growth forecast for 2025, keeps interest rate steady

India’s central bank expectedly kept the benchmark interest rate unchanged at 6.50% on Friday as it struggles to contain rising inflation without hurting growth in Asia’s third-largest economy. The ce...

Source: CNBC

South Korea’s central bank cuts key interest rate to nurse a slower economy

South Korea’s central bank lowered its key policy rate for a second straight month and said the country’s economy will grow at a slower pace than it initially anticipated. Following a policy meeting, ...

Source: AP News

Bank Leaders Expect Merger Activity to Accelerate in 2025

Nearly half of bank leaders believe their institutions will buy another bank in 2025, suggesting a potential uptick in merger activity in the coming year, according to a new survey on M&A by Bank Dire...

Source: Banking Exchange

Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions

The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). It is doing so to address potential liquidity challenges in core financial markets that could threat...

Source: PYMNTS

How is private credit weathering its first big rate hiking cycle?

Interest rates are coming down, but only after one of the most brutal monetary tightening periods in modern history. And they’re probably coming down too late, too little and too slowly for a lot of s...

Source: Financial Times

Credit card debt hits record $1.17 trillion, New York Fed research shows

Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances rose by $24 b...

Source: CNBC

‘Defanging the SEC’ may turbocharge US economy: Cathie Wood

ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission may turbocharge the economy and bring about an influx of innovatio...

Source: Cointelegraph

Investment Bank Vacancies Soar While Retail Banks Face Decline Reveals Morgan McKinley

The new research looks at the UK’s banking sector and how it compares to other G8 countries. It notes that as a result of deregulation reforms, stable interest rates, and divestment of price equity fi...

Source: The Fintech Times

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

Inflation in the euro area rose from 1.7% to 2% in October, flash figures showed Thursday, coming in slightly higher than the 1.9% forecast. Core inflation and services inflation were both unchanged ...

Source: CNBC

Mastercard Introduces New Commercial Cross-Border Payment Solution for Banks

Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and transparent. The new Mastercard Move Commercial Paym...

Source: PYMNTS