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Morgantown Bank & Trust
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Summary
location iconMorgantown, Kentucky
company sizeCompany size: 51-200
total assetsTotal Assets: Up to $2B

Morgantown Bank & Trust is a state chartered bank based in Morgantown, Kentucky founded in 1880. Morgantown Bank & Trust provides business and personal banking services including mortgages, auto loans, personal loans, credit cards, commercial loans and lines of credit, private banking, trust and estate services, retirement and investment services and other services for customers

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Morgantown Bank & Trust - Recent News & Articles

Europe May Soon Discover the Limits of Decoupling on Rates

Monetary policy in advanced countries is diverging in a manner that was thought highly unlikely just a few months ago. A major question facing many c...

Jamie Dimon says there could be 'hell to pay' if the swelling private-credit market starts showing cracks

JPMorgan Chase CEO Jamie Dimon said private credit could spark turmoil if the opaque sector of financial markets weakens. "There could be hell to pay,...

US Bank Regulators Could Have Averted $9 Billion in Losses

The failures of Silicon Valley Bank and First Republic Bank in 2023 caused plenty of finger-pointing at bank regulators. Many US financial institution...

Federal Reserve minutes indicate worries over lack of progress on inflation

“Participants observed that while inflation had eased over the past year, in recent months there had been a lack of further progress toward the Commit...

Source: CNBC
CFPB says buy now, pay later firms must comply with U.S. credit card laws

The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal prot...

Source: CNBC
Private equity firms step up plans to edge banks out of low-risk lending

Private equity firms including Apollo Global, KKR, Blackstone and Brookfield are accelerating efforts to make low-risk loans, encroaching on territory...

Republic First is seized, assets sold to Fulton Bank

The first bank failure of 2024 punctuates the discord that has brewed at Republic First for more than two years. Fulton, meanwhile, will double its Ph...

Source: BankingDive
Fed courts nonbanks for FedNow growth

The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The...

How FedNow is Shaping Payments Since its Groundbreaking Launch

In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a sign...

Source: Finextra
Bank deposits are back above pre-SVB levels. Regional lenders still have problems.

Banks have now regained all deposits they lost following the collapse of Silicon Valley Bank. But that doesn't solve many of the problems still faced ...

Source: Yahoo
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