Press Releases

Orion Financial Goes Live with Narmi Lend to Expand Member Access to Lending | Banking Dive

Piedmont Advantage Members Vote Yes to Merge with Truliant | Banking Dive

Piedmont Advantage Credit Union members have voted to approve the proposed merger with Truliant Federal Credit Union. The legal combination is set for Sept. 1, 2026, with full integration targeted by the end of Q1 2027. The merged credit union will serve more than 355,000 members across North Carolina, South Carolina, and Virginia.

Bank Profits Jump 12% in Q2 but Credit Is Slipping at Nearly Half of U.S. Banks, BlastPoint Finds | Banking Dive

The BlastPoint Banking Scorecard has been updated with Q2 2026 FDIC data, covering 4,221 active banks nationwide. At the industry level, net income reached $90.1 billion, return on assets was 1.37%, and asset quality metrics improved; however, at the individual bank level, 48% of institutions saw year-over-year increases in non-performing loan ratios, with the median bank's non-performing loan ratio rising from 0.40% to 0.46%. The report notes that aggregate industry data masks the credit deterioration trend at most banks and urges bank boards to pay attention to their own credit risk signals.