Bank News: Michigan CU buys FL bank, AI problems, strategy, layoffs, and tech scales!
Bank News: DFCU to purchase Gulfside Bank. PenAir CU to merge with Fort McClellan CU. Texas Bank to purchase Haskell National Bank. Cross River Bank to purchase Accrue. Triad Business Bank rejected by M&F Bancorp for the fourth time! Enova International and Grasshopper Bancorp terminate deal. Ramp applies for national trust bank charter. Sezzle applies for national bank charter. Upstart gets revolving credit facility from MUFG. TabaPay happy they did not purchase Synapse. Wells Fargo is transforming its AI strategy. PNC CEO says agent only will never happen! Never say that! Plaid CEO thinks…
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