CFG Community Bank is a full service commercial bank with one focus: how can best serve your business.Privately owned and operated, CFG Bank is headquartered in Baltimore, Maryland.
A growing national presence, extensive lending capacity, competitive rates and products distinguish CFG. They proudly offer the same banking tools and level of expertise as larger banks coupled with relationship-driven service, for everything from personal checking to commercial business and real estate loans. CFG also provides niche financing, leverage lending and equipment finance and leasing for business banking clients.
Moody's hands France surprise downgrade over deteriorating finances
Credit ratings agency Moody's unexpectedly downgraded France's rating on Friday, adding pressure on the country's new prime minister to corral divided lawmakers into backing his efforts to rein in the...
PPI shows wholesale inflation jumped more than expected amid 'extended and bumpy journey' to Fed's target
Wholesale prices rose more than expected in November, adding to a string of sticky inflation prints. Thursday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — ...
The Consumer Financial Protection Bureau announced the final version of a rule limiting banks’ ability to charge overdraft fees. It says the rule will save American consumers $5 billion annually. Th...
Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
The U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the shortfall topped $1.8 trillion, the Treasury Department reported Wednesday. For ...
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...
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, ...
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...
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...
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...
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...