Reposition
Since 1954 Universal Bank has been dedicated to the commitment of serving its local communities. Universal Bank provides the range of products and services you would expect from a major bank, combined with the added personal attention and excellent service of a community bank. Bank offers: Multi-Family Lending, Commercial Real Estate, 2-4 Non Owner Occupied Lending, Retrofit Loans, Business Checking, Personal Checking, Business Savings, Personal Savings, Certificates of Deposit, Business Certificates of Deposit, Individual Retirement Accounts and Commercial Real Estate Loans.
The Bank of England on Thursday voted narrowly to hold interest rates steady, exercising caution ahead of the government’s Autumn Budget in November. Out of the BOE’s nine-member monetary policy commi...
Huntington Bank will acquire Texas- and Mississippi-based Cadence Bank in a $7.4 billion, all-stock transaction that’s expected to close in the first quarter of 2026, the banks said Monday. It’s the s...
Subprime lender PrimaLend Capital Partners filed for bankruptcy protection on Wednesday, in another sign that low-income consumers in the United States are under strain. The company's filings in a Tex...
UK banks' online services are beginning to recover after a problem with Amazon Web Services (AWS) caused widespread outages across several apps and websites. According to website Downdetector, the out...
“I probably shouldn't say this, but when you see one cockroach, there are probably more.” Jamie Dimon, boss of JPMorgan Chase, America’s biggest bank, offered a warning on October 14th that the recent...
Regional bank stocks tumbled as fears mount around the health of their lending businesses. All but one stock in a popular regional banking ETF is tracking to end Thursday down. Zions was among the har...
The stockmarket is not the economy, as the old investing cliché goes. That is obvious enough to anyone paying attention in America this year. President Donald Trump’s tariff fervour has dented growth,...
Auto-parts supplier First Brands crashed into bankruptcy last month. Now, banks are sifting through their exposure to the company and its chain of customers and suppliers. Jefferies Financial on Wedne...
US bank Fifth Third has struck a $10.9bn all-stock deal to buy Comerica, in the latest example of regional banks combining to compete with larger rivals. The deal, announced on Monday, will propel Fi...
The speed at which US car parts maker First Brands Group unravelled has shocked Wall Street. The privately held group’s longtime bankers at Jefferies were marketing a $6bn loan deal to investment fund...
