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Chime is paying $590m for its own sponsor bank

Chime will pay $590m for Stride Bank, its sponsor of seven years, and rename it Chime Bank. Closing needs OCC and Federal Reserve approval.

Sources (1)· Sep 9, 3:25 PM

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TNW· Sep 9, 3:25 PMChime is paying $590m for its own sponsor bank

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America's Credit Unions President Scott Simpson Warns of Less Secure Payment Systems if Credit Card Competition Act PassesAmerica's Credit Unions is sounding the alarm about a bill that Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS) are trying to pass.

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Spokane Spokesman-Review1mo agoWhole story →

Economy federal reserve rate hike worries

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International Business Times1d agoWhole story →

Trump created a committee to dig into the Fed's Lisa Cook. What is it and what comes next?Trump’s bid to fire the Fed's Lisa Cook follows a Supreme Court ruling and could affect Jerome Powell, central bank independence and interest rates.

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