Episode
Bank News: CFPB update, branch cuts, FNBO, OppFi, Chime, and Fintech summer!
- Podcast
- The Banker Next Door
- Published
- Jun 8, 2026
- Duration seconds
- 894
- Processing state
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Summary
Bank News: CFPB orders all remote workers to return to DC headquarters by August 31st. CFPB directs BILT Technologies to reimburse any customers affected by card transition. CFPB faces lawsuit over Regulation B rule change. California judge rules in favor of OppFi. LendingClub sees a learning curve for fintechs that are seeking a bank charter. First National bank buys Blue Ridge Bancshares. OceanFirst seeks to retain customers and employees after acquisitions. Chime is getting sued by J.D. Power over alleged improper use of #1 ranking. The fintech C-suite round robin has begun. Fifth Third to close 81 branches. This episode reviewed multiple articles from Banking Dive.