Archive for October, 2025


US Bank Prime Rate Cut to 7.00% Resets a Key Consumer Lending Benchmark

U.S. Bank prime rate drops to 7.00% from 7.50% effective Oct. 30, a benchmark move that can influence variable-rate borrowing.

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Banc of California downtown office lease puts its name on the LA skyline

Banc of California downtown office deal adds 40,000 sq. ft. in LA and plans skyline signage while keeping its Wilshire branch open.

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BMO Branch Optimization Points to California-Centric Expansion Plan

BMO branch optimization sells 138 branches, keeps customers banking normally, and signals California-centric new branch growth plans.

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BanksNeverAskThat Campaign Pushes Scam Awareness as Losses Rise Nationwide

BanksNeverAskThat campaign expands scam education as FTC estimates $12.5B in 2024 scam losses and banks push stronger warnings.

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