Donn C. Costa has been named acting president of Golf Savings Bank, Mountlake Terrace, Wash., a savings bank focused on single-family mortgage originations. He has been with Golf Savings since 1994 and has served as its executive vice president since 2006 when it was acquired by Sterling Financial Corp., Spokane, Wash.. Mr. Costa will work closely with Sterling's acting chief executive, Gregory Seibly, who was appointed as acting CEO of Golf Savings as well. Golf Savings Bank currently employs more than 600 people in 32 mortgage offices and retail banks across the Pacific Northwest.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
6h ago -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18










