​Happy Friday!!!
 
Here is the Uncle Sean Update for 8/7/26 (subscribe here for free):
 

• The BLS released the July Jobs Report this morning showing -23K jobs for July (estimate was 88K and June was revised down to 20K), but the unemployment rate dropped to 4.1% (last month was 4.2%) due to the labor force participation rate of 61.4% (last month was 61.5%).
  • The decline in jobs was in large part due to a decrease in government by -53K followed by losses in leisure and hospitality of -40K (Table B-1); and healthcare and social assistance continues to support the market with +22.6K jobs added for the month followed closely by construction at +22K (Table B-1).
  • Average hourly earnings came in at 3.2% YoY.
  • The May jobs number was revised down by -66K from +129K to +63K.  June was also revised down by -37K from +57K to +20K.  Here is the detailed revision history.

 

• 💥 Yes – I am completely biased, but also super excited to announce IgniteFI and FedFis have partnered together to bring greater transparency to the Credit Union fintech ecosystem via FINNECT.  Together, the organizations are creating a centralized intelligence hub that brings greater transparency to the credit union Fintech ecosystem and helps credit unions evaluate opportunities, benchmark performance, and make more informed strategic decisions. 🚀
  • “FINNECT began as an idea developed through the Filene i3 program and has continued to evolve based on the needs of credit unions and Fintech partners,” said Julie Esser, CEO and Founder of IgniteFI. “Credit unions don’t need more noise. They need better intelligence. The addition of FedFis data accelerates our vision of helping credit union leaders evaluate opportunities make more informed technology and strategic decisions.” 💪
    • Check it out at https://joinfinnect.com/ and tell them Uncle Sean sent you!!! 😊

 

• 👉 Primax released their 2026 Banking In Focus research report highlighting SMB growth opportunities for community banks – and it is fantastic!  I personally love the fragmentation analysis / opportunities as SMB’s grow from Micro and Small into Lower Middle Market business. 👏
  • Their LinkedIn post sums it up best:
    • "Community banks have a strong foundation with small businesses built on trust, relationships and personalized service. This year’s Banking in Focus research shows that the path forward is not replacing those strengths, but building on them with the capabilities SMBs need to manage and grow their businesses. By continuing to evolve alongside their customers, community banks can deepen relationships and strengthen their role in the SMB market," Primax President Bill Hampton.
  • You can download the report here - Primax White Paper | Banking in Focus 2026 - Doubling Down on the SMB Opportunity.  It’s an easy read at 23 pages and packed with great insights, data, and opportunities.

 

• Finovifi announced that OMNICOMMANDER has joined the Finovifi Marketplace for Finovifi’s community bank and credit union clients.
  • OMNICOMMANDER is a veteran-owned digital marketing agency serving financial institutions across the world. Its comprehensive digital ecosystem helps banks and credit unions strengthen member and customer engagement, increase visibility, and support sustainable growth. Solutions include branded and mobile-responsive websites, digital solutions for websites, and full-service marketing support across strategy, search, video, social media, email, creative, and paid advertising.

 

• There’s a new kid in town…  Maximum has emerged from stealth with $30M in seed funding (HUGE for a seed round) and is building an AI-native operating system for banks “designed to replace the fragmented, decades-old infrastructure that powers most of the banking industry today.”
  • Forbes has a good write-up - Maximum Raises $30M To Replace Bank Core Systems With AI.

 

• 👀 Chime (Nasdaq: CHYM) continues their enterprise push for retail accounts as they announced Allied Universal as its newest employer partner.  “Allied Universal, one of the largest employers in the U.S. with approximately 320,000 North American-based employees, will now offer Chime Workplace, Chime's comprehensive financial wellness suite, to its teams at no cost to the company or its employees. Employees gain access to Chime's trusted suite of financial tools: fee-free Earned Wage Access (EWA)2 for on-demand pay, high-yield savings earning up to 3.75% APY3, investing, and credit-building4 tools. Allied Universal, in turn, gains real-time visibility into how its teams are saving, building credit, and using the benefit to improve financial health through the Chime Workplace portal.”

 

• Speaking of Chime…  ICYMI, Chime reported Second Quarter 2026 Financial Results and they were impressive citing 27% YoY revenue growth and GAAP Net Income of $81.3M YTD representing two consecutive quarters of positive Net Income.  This resulted in Chime raising their full-year 2026 guidance considerably. 💰💰💰
  • 👉 I did some digging…  Chime’s Active Members grew 20% YoY to 10.4 million adding 1.7 million net new Active Members.  To put that in perspective from a retail standpoint:
    • The #1 largest credit union in the U.S. (Navy Federal; charter 5536; total assets $204B) reported 15.5 million current members as of the June call report.  Keep in mind that Navy Federal is considerably larger than the #2 largest CU (State Employees’; charter 66310; total assets $60B) which reported a distant 3 million current members as of the June call report.
      • 😲 Those numbers should open some eyes!!!

 

• Coming to America (I love that movie and the 2nd one is even better)…  Thredd announced the expansion of its partnership with Pliant bringing Pliant’s commercial credit and embedded finance platform capabilities to the U.S. market for the first time.  The program is live on the Visa network with bank sponsorship provided by Coastal Community Bank (FDIC 34403; total assets $5.5B).

 

• MeridianLink announced they have acquired Credit Mountain and subsequently launched MeridianLink Pathway to transform the moment of loan decline decision into the beginning of a personalized path forward that educates the borrower, improves financial readiness, and creates opportunities for future lending.  Nice!!! 👍

 

• Lithic continues to make headlines.  This week Lithic and Lightspark announced a partnership to power Lightspark’s card program on the Visa network issued by Lead Bank (FDIC 8283; total assets $2.8B) and powered by Lithic’s Authorization Intelligence program.
  • Recall last week where Byline Bank (FDIC 20624; total assets $9.9B) partners with Lithic as a Sponsor Bank enabling Lithic to connect companies with Byline Bank to launch consumer and commercial card programs and banking services.

 

• FinCEN assessed a record $125M penalty against UBS Financial Services Inc. for willful and recidivist violations of the Bank Secrecy Act.
  • Cutting straight to the chase here – be sure to follow the amazing Sarah Beth Felix on LinkedIn.  Take a look at her excellent write-up on LI (https://www.linkedin.com/feed/update/urn:li:activity:7490075383778750465/) encompassing action items and things to look for.

 

• Klarna (NYSE: KLAR) comes in with some big headlines as they are now live in the U.S. on JPMorgan Payments’ Commerce Platform.  Businesses that are on J.P. Morgan Payments' Commerce Platform can now offer Klarna's full suite of payment options directly through their existing setup with no integration required.
  • Last week, Klarna announced they would be the leasing provider behind the Apple Upgrade program as a new way for U.S. customers to pay for eligible iPhone, Mac, iPad and Apple Watch.

 

• The growth in private credit / NDFI exposure (and lack of visibility to risk structure) is a topic that comes up fairly regularly in our internal discussions here at FedFis.  So, I was happy to see the Federal Reserve Banks of Dallas and New York to launch a pilot survey of the private credit market with the goal of providing “insights into the availability of credit, credit provision, the evolution of lending standards in private credit markets, and the implications for the broader economy and monetary policy.” 👏 Definitely a start in the right direction.
  • The survey is expected to launch following the end of 3Q26, with publication of aggregate level findings anticipated in 1Q27.

 

• The SOLO Network announced bank-fintech data sharing pilot program in coordination with the U.S. Department of Treasury, FinCEN, OCC, and the FDIC – marking the “first joint regulatory effort to operationalize bank reliance at scale, enabling trusted customer verification to become reusable across financial institutions.”

 

• IAA Credit Union (charter 506883; total assets $415M) selects Mahalo Banking for online and mobile banking to support its members in all 50 states, making digital banking the primary way members interact with the CU.  The PR also cites Mahalo’s deep integration expertise with its Corelation KeyStone core processor.

 

• Big win here for Fiserv (Nasdaq: FISV) as University of Wisconsin Credit Union (charter 789097; total assets $6.7B making them one of the larger CU’s in the nation) selects Fiserv DNA as its future core processing platform. The partnership also includes a multi-year renewal of Fiserv solutions spanning cards, peer-to-peer payments, and account-to-account transfers.

 

• On 8/6/26, the NCUA liquidated African Diaspora Federal Credit Union (charter 24975) in Saint Ann, MO after determining the credit union was insolvent and in violation of numerous provisions of the Federal Credit Union Act and NCUA Regulations, including operating in an unsafe and unsound manner.
  • (Sourcing FedFis CU data) African Diaspora FCU was one of the smallest credit unions in the nation with only $547K in total assets (almost entirely comprised of cash totaling $449K and total loans of only $35K (number of loans is only 4 – not a typo – all were unsecured loans / lines of credit).  Total Shares & Deposits of $492K.
  • The FCU was chartered very recently in 2025 and just never got off the ground.
  • Net Loss YTD was ($49K) with negative equity of ($12K) rendered the FCU insolvent.

 

• Some personnel moves:
  • Yendo appoints Ben Probber as General Counsel.
  • Finovifi named Robin Kolvek as Vice President, Credit Union Strategy & Growth.

 
 
Random Uncle Sean stuff:

• 🏈 Football is back!!!  Okay – it’s just NFL preseason, but I’ll take it!  If you are wondering, College football begins on Saturday, August 29 - https://www.espn.com/college-football/schedule/_/week/1/year/2026/seasontype/2 (NCAA Division I).  WOOHOO!!!!
• You made it!!!  Here are the Dad / Bad Jokes for the week:
  • Nothing refreshes my memory of what I need at the grocery store like coming home from the grocery store! 🤷‍♂️🤦‍♂️
  • An obligatory math pun…  When the teacher told me I was average, she was just being mean… 🤔😆
  • And another math pun with a biology twist…  Cells multiply by dividing… 🙃😅
  • The woman who fell of the cruise ship last week has been identified.  Her name was Eileen Dover… 🙄😏
  • I think Aunt Patty is starting to show signs of dementia…  She said she can’t remember what she ever saw in me! 😂🤣

 
 
“The world needs good people - be one of them.”
 
Have a GREAT weekend and please stay safe in this CRAZY HEAT!!!
 
Uncle Sean
 
Sometimes known as Sean Mayo – contact me directly for scope and pricing of custom reports / analysis projects at [email protected] | 214-604-6961 – or you can contact FedFis Sales Team at 512-960-0911 | [email protected] #FedFisHasTheData FedFis
 
FedFis, LLC disclaimer – The views and opinions of Uncle Sean are of his own and may not necessarily represent the views, endorsements, and/or opinions of FedFis, LLC and its affiliates – we all know he’s a little bit different; but that’s why we love him.
 
 

​Happy Friday!!!
 
Hard to believe we are already welcoming the month of August this weekend (although I admit I am done with this Texas heat)!  Here is the Uncle Sean Update for 7/31/26 (subscribe here for free):
 
A couple of economic updates:
 

• It’s Fed Week!!!  The FOMC voted 9-3 to maintain interest rates at their current range of 3.5% - 3.75%.  The three dissenting votes (Hammack, Kashkari, and Logan – each of which are presidents of Fed Reserve Banks) all preferred a 25 bps increase in rates.
  • If you want to dig deeper, here is Chairman Warsh’s Press Conference Transcript (20 pages) and Press Conference Video (45:03).
  • Additionally, the dissenting members have provided beneficial and detailed explanations (all citing inflation trending too high when looking beyond supply-side shocks):
    • Statement from Dallas Fed President Lorie Logan on FOMC dissent - Dallasfed.org
    • Statement on My FOMC Dissent | Federal Reserve Bank of Minneapolis (Neel Kashkari)
    • Statement from Federal Reserve Bank of Cleveland president Beth Hammack regarding her vote at the Federal Open Market Committee’s July 28–29 meeting
  • Coming up is the Jackson Hole Economic Symposium (Aug 27-29) and then the FOMC meeting in Sept 15-16 which includes the Summary of Economic Projections (Dot Plot).

 

• The BEA released the 2Q2026 GDP (first advanced estimate) showing an increase at an annual rate of 1.5% (1Q2026 was 2.1%).
  • Strong Consumer Spending once again led the way at 2.12% (1Q2026 was 0.37%)
  • Worth noting that Real Final Sales to Private Domestic Purchasers came in at a very strong 3.9% (1Q2026 was 1.7%).

 

• The BEA also released June PCE (the Fed’s preferred gauge of inflation) showing an annual 3.7% inflation rate (May was 4.1%) and Core PCE at 3.3% (May was 3.4%).
  • Headline PCE came down as of June mostly due to lower Gasoline and Other Energy Goods (recall Iran MOU / ceasefire at the end of June that has since fallen apart).
  • The Personal Saving Rate (as a % of DPI) came in at a very low 2.7%.

 
Now back to the rest of the update:
 

• Digital Onboarding announced Ready-to-Launch Audiences, powered by FinGoal, giving community FI’s the ability to package “complex transaction intelligence into pre-built, easy to select, audience segments, making precision targeting accessible to every FI marketing team regardless of data sophistication.”
  • 👉 Check it out at Ready-to-Launch Audiences | AI-Powered Audience Targeting for Financial Institutions

 

• BOND.AI announced the launch of self-service access to ARIA, its AI-powered banking intelligence platform designed exclusively for financial institutions.  “For the first time, banks and credit unions can subscribe to ARIA online and begin using banking-specific artificial intelligence in minutes.”
  • ARIA is designed to help FI’s move beyond descriptive reporting toward predictive decision-making.  Users can ask natural-language questions about deposits, lending, liquidity, net interest income, peer performance, and other critical metrics, receiving institution-specific responses instead of generic AI-generated content.

 

• Bank of Luxemburg (FDIC 13264; total assets $723M) goes live on CSI NuPoint core banking platform following a seamless conversion.  The bank also implemented CSI’s Hawthorn River loan origination platform.
  • “As we were evaluating the best fit for our future growth, CSI emerged as the strongest fit on both product and service,” said DeAnna Tittel, COO of Bank of Luxemburg. “The decision wasn’t just about finding a core; it was about finding the right long-term partner. We were ready to go two weeks before conversion. CSI had everything down like clockwork, and the conversion was seamless.”
    • The term “seamless” is not something you hear very often in a core conversion.  Very nice!!! 💪

 

• M C Bank & Trust Company (FDIC 17388; total assets $710M) selects Jack Henry (Nasdaq: JKHY) in a complete tech sweep to power core processing as well as the Banno Digital Platform for online and mobile; AND Jack Henry’s treasury management for business customers and Managed Secure Cloud supplying managed IT and cybersecurity expertise.
  • WHEW – that’s a lot to take in!!!!  😲

 

• Northrim Bank (FDIC 33216; total assets $3.4B) has been busy!!!  The bank has selected Narmi to modernize its digital banking ecosystem via the Narmi One Platform (unifying digital and account opening) emphasizing Narmi’s expertise in working with the banks existing FIS IBS core.
  • Just last week (7/22/26), Northrim BanCorp, Inc. (NASDAQ: NRIM; FR 3025385), bank subsidiary is Northrim Bank (FDIC 33216), announced an agreement to acquire PBCO Financial Corporation (PCO FR 5687273), bank subsidiary is People’s Bank of Commerce (FDIC 34685; total assets $777M) in an all-stock transaction valued at approximately $167.3M.

 

• Byline Bank (FDIC 20624; total assets $9.9B) partners with Lithic as a Sponsor Bank enabling Lithic to connect companies with Byline Bank to launch consumer and commercial card programs and banking services.

 

• Increase (BaaS and embedded finance infrastructure platform) introduced Increase Bank, an FDIC-insured institution following the completion of the acquisition of Twin City Bancorp (and subsequently Twin City Bank (FDIC 35261; total assets $115M) by Increase founder, Darragh Buckley.  This Banking Dive article is a good summary. 
  • This is another fintech infrastructure play similar to Column | The platform bank built for scale (recall their acquisition of Northern California Bank in 2022).

 

• Remitly (Nasdaq: RELY) announced the launch of the Remitly Global Card Visa debit card (issued by Lead Bank) designed for customers whose financial lives span multiple countries.

 

• Swaystack onboarding and engagement platform announced it is partnering with InstaSwitch to give Swaystack's bank and credit union customers a built-in way to move deposits and operational activity into newly opened business accounts.

 

• Pinwheel announced their ‘Switch Kit’ will be integrated with MeridianLink allowing MeridianLink’s 1,500 FI’s to rapidly deploy embedded Direct Deposit Switch and Bill Switch in their digital account onboarding experience.

 

• Grand Bank for Savings, FSB (FDIC 31864; total assets $280M) partnered with Continental Finance Company to introduce the Grand.bank® Plus Mastercard®,  a new credit card designed to expand access to credit and reward everyday spending. The card will be issued by Grand Bank for Savings, FSB and is expected to launch in early September 2026.

 

• Manifest Financial announced the launch of the Manifest Business Debit Mastercard (issued by MVB Bank) purpose-built for creators.
  • Manifest built its fast-scaling financial orchestration layer and expanded its platform to support multiple creator platforms across music, content, NIL (Name, Image, Likeness), talent representation and creative agencies.

 

• InvestiFi gets a two-fer this week 💪 (be sure to check out their embedded investing solution for community banks and credit unions at InvestiFi.com):
  • Utilities Employees Credit Union (charter 64896; total assets $1.5B) has partnered with InvestiFi to introduce embedded investing capabilities to its 64,000 members directly within the digital banking platform.
  • InvestiFi raised $20M in capital citing rapid growth “from just 4 clients in 2024 to more than 60 signed financial institutions as of July, 2026…” 🚀

 

• Mass. Institute of Tech. Federal Credit Union (dba MIT FCU; charter 3830; total assets $743M) has launched a new in-house BNPL solution, powered by equipifi, enabling its members to create and manage installment purchases (both on a pre-purchase and post-purchase basis) directly within the MIT FCU online and mobile app.  👍

 

• Some personnel moves:
  • Flex (private banking platform for business owners) appoints Michael Barrett as CTO following their $70.1M Series B raise announced a few weeks ago.
  • FI Works (data analytics, CRM, and marketing automation solutions built exclusively for banks and credit unions) adds Heather Bonaventura as Senior Vice President Sales and Growth.

 

• Notable FinTech funding for the week:
  • PEX (corporate card and expense management platform) $160M in debt and equity financing following “sustained triple-digit growth in PEX's charge card business and continued expansion of its broader platform, powering more than $11.7 billion in spend since inception.”  👏

 
 
Random Uncle Sean stuff:

• 📣 An obligatory IRS PSA (special thanks to my friend, Mr. Robin Fussell for updating me on this 😉) – the IRS has increased the Standard Mileage Rate for business and self-employed (7/1/26 – 12/31/26) to 76 cents per mile up from 72.5 cents per mile.  Source - https://www.irs.gov/tax-professionals/standard-mileage-rates.  So, make sure you are documenting that mileage log!!!
• Alright – I am cooked for the week so let’s jump right to the best part!  The Dad / Bad Jokes to launch us into the weekend vibe:
  • What do you call a man that has been attacked by a cat?  Claude… 🙀😹
  • Math teachers call retirement…  The aftermath… 🤦‍♂️😆
  • I have CDO…  It’s like OCD, but the letters are in alphabetical order AS THEY SHOULD BE!!!! 🙃😄
  • And my favorite for the week:
    • Due to financial reasons I’m going to have to start posting Adult Content…  So, stay tuned for my posts about cataracts, back pain, and short-term memory issues. 😂🤣

 
 
“The world needs good people - be one of them.”
 
Have a GREAT weekend and please stay safe!
 
Uncle Sean
 
Sometimes known as Sean Mayo – contact me directly for scope and pricing of custom reports / analysis projects at [email protected] | 214-604-6961 – or you can contact FedFis Sales Team at 512-960-0911 | [email protected] #FedFisHasTheData FedFis
 
FedFis, LLC disclaimer – The views and opinions of Uncle Sean are of his own and may not necessarily represent the views, endorsements, and/or opinions of FedFis, LLC and its affiliates – we all know he’s a little bit different; but that’s why we love him.
 
 

Happy Friday!!!
 
Here is the Uncle Sean Update for 7/24/26 (subscribe here for free):
 

• A quick fist-bump 👊 to my friends at Acceleron for their SOC 2 certification per their LinkedIn July newsletter, The Exchange - International Payments Newsletter!!!
  • “For community banks and credit unions moving money across borders, that's one more reason to trust the rails: the same controls protecting your wire transactions now meet the industry's highest bar for security and confidentiality.” 
    • Be sure to reach out to them about how to keep more non-interest income for services you are already providing.  And tell them Uncle Sean sent you!!! 😊 (and no, this is not a paid advertisement - they are just genuinely good people trying to help community banks) 👍

 

• 👀 Another credit union acquisition of a bank…  Gesa Credit Union (Charter 68278; total assets $6.7B) to acquire Willamette Valley Bank (FDIC 57033; total assets $465M).  This is the 5th announced (whole-bank transaction) CU acquisition of a bank so far in 2026 (source: FedFis - FinTech | Banking | Data).
  • 👉 Some additional FedFis intel:
    • Willamette Valley Bank primary tech stack was all Fiserv - Premier, ROB, and Mobiliti for core, online, and mobile (at FedFis we call this a strategic vendor position – i.e. Fiserv strategic).  Gesa also acquired Security State Bank (FDIC 13232; total assets $598M) announced in May 2024 and completed in June 2025.  Interesting to note that Security State Bank was also Fiserv strategic (Premier, ROB, and Mobilit) so there is certainly some direct vendor integration experience here.
    • Reach out to Bobby Button at FedFis for more bank and credit union vendor data and integration detail.  Now that’s a nice plug!! 😊🤘

 

• Nebraska Bankers Association (NBA) endorses Stablecore as digital asset technology provider for the NBA's 150+ member banks, “enabling these institutions to offer stablecoin and digital asset capabilities that help them remain competitive and deliver additional value to current and new customers.” 👏

 

• We had another bank failure late last Friday (makes four for the year and the second in two weeks) as Small Business Bank (FDIC 25744; total assets $73M) was closed on July 17. The bank had a FedFis Rating© of 4.48 as of March 2026 placing them in the lowest possible percentile of all U.S. banks.  For more info, check out the FedFis Bank Failure Alert here - https://www.fedfis.com/bulletin/bank-failure-alert-small-business-bank.

 

• Samsung launched the Samsung Galaxy Card – a Visa credit card issued by Barclays Bank Delaware that is designed to be a wallet-first card with enhanced rewards within the Samsung Wallet ecosystem.
  • This Reuters report signals that Samsung could soon be broadening its financial services offerings:
    • "The relationship that we're building with Barclays is a strategic and long-term relationship," Lee said. "So while we don't have everything all lined up today, we do have intention to collaborate and explore all avenues of different products and different capabilities that we can actually make available ​as it makes sense ​to our customers," he ⁠added, signaling the company's ambition to go beyond cards.
      • I can’t help but wonder if Google will follow suit soon with a card offering within their wallet ecosystem… 🤷‍♂️

 

• Finwise Bancorp (Nasdaq: FINW; the BHC of FinWise Bank – FDIC 35323; total assets $890M) has acquired the technology platform and related assets of Tallied Technologies, Inc., the credit card issuing and processing platform that FinWise uses to power its co-branded credit card program – allows FinWise to own the entire card tech stack from application, through issuing, processing, and servicing.

 

• Chime (Nasdaq: CHYM) announced the launched Chime Invest launch of Chime Invest “bringing investing to the Chime app where members already get paid, spend, and save. Members can buy stocks and ETFs commission-free, or let an expert-managed portfolio do the work for them, with no account minimums.”

 

• MoneyLion announced the launch of MoneyLion One, a new membership program that bundles daily 1% cashback, fee-free investing and high-yield savings (coming late summer but advertising 3.64% in the PR), along with a suite of personalized financial and identity theft protection tools.
  • “Members who set up at least $500 in monthly direct deposits receive the full membership at no cost, making it more accessible than other memberships with similar benefits. Even without direct deposit, anyone can access all the benefits for just $9.99 per month.”
    • Nice!!! 💪

 

• Walmart’s OnePay announced the launch of OnePay Personal Loans through a partnership with Upgrade allowing OnePay customers to apply for a loan between $1,000 - $50,000 directly within the OnePay app.

 

• Another small business focused solution…  Intuit (Nasdaq: INTU) has introduced the Intuit Business Credit Card (World Elite Business Mastercard issued by WebBank) with a built-in spend management platform for growing teams (issue cards and manage controls / limits) and integrates natively with QuickBooks.
  • You can check out the business CC here - https://www.intuit.com/credit-card/

 

• Did I mention business solutions???  Mercury announced the launch of checkbooks on Mercury per this LinkedIn Post by founder and CEO, Immad Akhund; and can be ordered by Mercury Command (their AI-powered conversational interface – that’s cool!).
  • Mercury Release Notes | Latest Features & Product Updates states that each business can order up to six checkbooks per year for free.

 

• More business solutions…  Affirm (Nasdaq: AFRM) expands its existing BNPL services to Amazon Business Clients directly on the Amazon Business platform allowing eligible business owners to spread the cost of qualifying purchases over time, enhancing cash flow management and purchasing capacity without the complexities often associated with traditional business credit.  Amazon already offers Affirm BNPL at checkout for eligible consumer purchases.

 

• 👀 De Novo watch… 
  • Upstart Holdings, Inc. (Nasdaq: UPST) announced that the OCC has granted conditional approval to establish Upstart Bank, N.A.
  • Flexible Finance, Inc. (“Flex” - https://getflex.com/) announced it has submitted applications to the FDIC and the Utah Department of Financial Institutions to charter Flex Bank, a Utah state-chartered industrial bank (ILC).

 

• 👉 Speaking of De Novo’s…  We were talking about this internally just yesterday.  Here is a quick list of fintech de novo’s / charter applications since December (be sure to reach out to me if I missed anything):
  • Klarna, Affirm, Paypal, Upstart, Nubank, bunq, Mission Lane, OppFi (although they are buying a bank), Revolut, Mercury, and now Flex – makes 11.  Pretty exciting!!! 🚀

 

• FIS (NYSE: FIS) joins Anthropic's Project Glasswing to use Mythos 5 in a controlled-access setting to test and scan its own systems for vulnerabilities.

 

• Fiserv (Nasdaq: FISV) picks up another embedded finance win as they are now the exclusive embedded financial services and payments provider for Datavault AI, Inc. (Nasdaq: DVLT), including Datavault’s upcoming NIL Exchange platform.

 

• Lithic has partnered with Braid to bring card issuing to community banks and credit unions.

 

• Some personnel moves:
  • Smiley Technologies names Jeff Small as COO and CFO to “help guide Smiley’s financial and operational strategy as the company continues to strengthen alignment across teams, support disciplined growth, and serve community banks through secure, integrated technology and relationship-driven service.”
  • i2c Inc. announced the appointments of Joseph Schmidt as Chief Financial Officer and Jason Goldberg as Chief Client Officer.
  • 👀 Interesting to note from a banking perspective…  OpenAI announced that David Vélez and Robin Vince join the boards of the OpenAI Foundation and OpenAI Group PBC.
    • David is the founder, Chairman, and Global CEO of Nubank, recognized as the largest digital bank in Latin America. Robin is Chairman and CEO of BNY, a leading financial services company.

 

• FinTech funding for the week:
  • Augustus (de novo – conditional approval from the OCC) raised $180M in Series B round at a $1B valuation. 🦄
  • Cordant (real-time command center platform for payments companies, fintechs and banks operating across fragmented financial infrastructure) emerged from stealth and announced they have raised $8M in Seed funding.

 
 
Random Uncle Sean stuff:

• 🏀 Well, looks like LeBron James is headed to Philly to play for the 76ers in what could be the last run of his career.  I admit that I did not see that coming!!!
• You made it!!!  Here are the Dad / Bad jokes to kick off the weekend:
  • Do Transformers have car insurance or life insurance…??? 🤔😆
  • If I had a dollar for every time I got distracted, oh look at the kitty. 🐈🙃
  • I was going to make a salad, but we can’t eat lettuce…  So, margaritas it is!!! 🎉😂🍸
  • Aunt Patty told me she had to use my deodorant this morning as she ran out.  She said she’s already going deaf and hasn’t been able to find anything all day! 🤦‍♂️🤣
  • When old folks say (especially in Texas), “Well, as long as you’re happy…”  That’s their way of saying, “You are a complete idiot!!!”  🤠

 
 
“The world needs good people - be one of them.”
 
Have a GREAT weekend and please stay safe!
 
Uncle Sean
 
Sometimes known as Sean Mayo – contact me directly for scope and pricing of custom reports / analysis projects at [email protected] | 214-604-6961 – or you can contact FedFis Sales Team at 512-960-0911 | [email protected] #FedFisHasTheData FedFis
 
FedFis, LLC disclaimer – The views and opinions of Uncle Sean are of his own and may not necessarily represent the views, endorsements, and/or opinions of FedFis, LLC and its affiliates – we all know he’s a little bit different; but that’s why we love him.
 
 

Fourth bank failure for 2026 and the second in two weeks…
 
On 7/17/26, Small Business Bank in Lenexa, Kansas (FDIC 25744; total assets $73M; total deposits $69M), was closed by the Kansas Office of the State Bank Commissioner, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.  The Farmers State Bank of Oakley, Kansas (FDIC 1867; total assets $389M), to assume substantially all deposits and purchase certain assets of Small Business Bank.
 

• The FDIC preliminarily estimates that the failure will cost the Deposit Insurance Fund approximately $5.7 million.
• Sources - The Farmers State Bank of Oakley, Kansas Assumes All Deposits of Small Business Bank, Lenexa, Kansas | FDIC.gov and Kansas Office of the State Bank Commissioner Closes Small Business Bank, Lenexa, Kansas, Appoints Federal Deposit Insurance Corporation (FDIC) as Receiver – Kansas Office of the State Bank Commissioner

 
 
Additional FedFis insights as of the 3/31/26 call report:

• Small Business Bank had a FedFis Rating© of 4.48 as of March 2026 placing them in the lowest possible percentile of all US banks. The bank had incurred continued losses since 2022.
• The bank was primarily an agricultural lender with Agricultural and Farm Loans representing $32.6M (52.85%) of the $61.7M loan portfolio.  Commercial Real Estate Loans also made up a material $17.3M (28.05%) of the total loan portfolio.  The bank had equity capital of $3.5M as of the March 2026 call report, but the trailing twelve-month (TTM) losses of ($4.5M) and asset quality issues placed the bank in a precarious position.
  • ROAA was a negative (4.29%), ROAE was negative (79.52%) and Efficiency Ratio of 246.72%.
  • Nonperforming Loans / Total Loans of 4.81% and 30-89 Past Due / Total Loans of 11.15% with an Adjusted Texas Ratio of 45.01%.
    • Allowance for Loan and Lease Losses of only $1.8M is not sufficient to cover nonaccrual loans of $3M (schedule RC-N).
• Small Business Bank was owned by Gardner Bancshares, Inc. (FR 1067617), a non-public insolvent bank holding company with negative equity capital of ($7M) per the Dec 2025 PCO filing.
• Per the Kansas Office of the State Bank Commissioner, “Small Business Bank has operated with financial difficulties for the past several years and has been subject to strict supervisory oversight.  Ongoing operating losses resulted in the bank’s capital becoming critically undercapitalized under federal and state law.”

 
 
Sean Mayo
Sr. VP, US Financial Institutions Group
[email protected]

Happy Friday!!!
 
Thoughts and prayers 🙏 to all those affected from the record Texas Hill Country flooding this week…  Here is the Uncle Sean Update for 7/17/26 (subscribe here for free):
 

• 💥 Big news from CSI this week as they continue on their multi-year acquisition trail.  CSI has acquired Qolo, a fintech provider of modern treasury solutions and payments infrastructure, to strengthen and expand CSI’s commercial banking and embedded finance capabilities. 🎉
  • A quick look at recent CSI acquisitions (since going private following Centerbridge and Bridgeport acquisition of CSI in 2022 for $1.6B):
    • Jul 2026 – Qolo (treasury and payments).  This was kind of scripted in this PR from 2025 - CSI targets commercial deposits, payments for M&A.
    • Aug 2025 – CSI to Acquire Apiture (digital banking platform) allowing for scale in online and mobile on a core agnostic platform.
    • Sep 2024 – CSI Acquires Velocity Solutions (deposit acquisition, customer engagement, and overdraft management platform).
    • Dec 2023 – CSI Acquires Hawthorn River (loan origination system).

 

• Congrats to our friends at Primax 👏 as Finovifi selects Primax to power debit card processing for its MBS Core platform.  Very nice!!! 🚀

 

• Stripe and Advent (private equity firm) made a $53B bid for PayPal this week.  Although PayPal has not made a formal response, Reuters is reporting that the PayPal board (according to unnamed sources) sees the offer as inadequate and undervalues the company.
  • Not a new development as this article from February reminds us - Payments processor Stripe expresses interest in PayPal.
  • Also recall in April that the new CEO segmented PayPal into business segments - PayPal makes Venmo a standalone business unit as potential buyers circle.
    • Worth noting that PayPal shares peaked in 2021 at $305+ per share with a market capitalization of approximately $360B.  Yesterday, PayPal closed at $55.52 with a market cap of $50B (source https://finance.yahoo.com/quote/PYPL/); and this is after a 17% increase due to the Stripe bid.

 

• On the economic front, the BLS June CPI Report came in on the light side at 3.5% (May was 4.2%) as energy prices decreased.  Core CPI came in at 2.6% (May was 2.9%).  CNBC has a good summary.
  • Of course this is only through June and the Iran conflict has escalated again in July with oil prices (WTI Crude) jumping from $69.50 on 6/30 to $82.22 as of this afternoon (7/17) – an 18% increase.

 

• PlexPay announced the launch of its merchant processing and patient finance program powered by U.S. Bank Avvance® point-of-sale financing solution.
  • 👉 This is interesting…  PlexPay (Plex Payments, Inc.) is a wholly owned subsidiary of Panacea (Panacea Financial Holdings, Inc. – “the financial platform built for doctors”), which is the direct digital bank division of Primis Bank (FDIC 57968; total assets $4.2B).
    • So it seems that the direct digital bank has launched a white-label patient financing and payment solution.  Pretty cool! 👍

 

• Unfortunately, we had our third bank failure of 2026 late last Friday as Kentland Federal Savings and Loan Association (FDIC 28722; total assets $3.8M) was closed on July 10. The bank had a FedFis Rating© of 4.58 as of March 2026 placing them in the lowest possible percentile of all U.S. banks.  For more info, you can see the FedFis Bank Failure Alert here - https://www.fedfis.com/bulletin/bank-failure-alert-kentland-federal-savings-and-loan-association.

 

• Capital Community Bank (dba CCBank – soon to be rebranded as Accordia Bank; FDIC 33823; total assets $1.5B) partners with Synctera to launch credit card products as a direct FI issuer for their business and consumer customers via Synctera’s modern credit card infrastructure.

 

• GoCardless expands its strategic partnership with Sage to embed the GoCardless Pay by Bank payment functionality directly within Sage Business Cloud Accounting software platform. 💪

 

• Pliant (B2B payment solutions and credit card platform) announced its official launch in the United States via strategic partnership with Coastal Community Bank (Nasdaq: CCB; FDIC 34403; total assets $5.7B and growing rapidly).

 

• Oportun inks a new lending partnership with Column N.A. (FDIC 58224; total assets $1.4B) as sponsor originating bank for unsecured personal loans.

 

• Visa (NYSE: V) announced AI Financial Assistant allowing banks to offer a conversational, in‑app experience for understanding spending, receiving personalized insights, and taking action, all inside their existing banking apps.  “The feature helps banks bring AI-powered financial insights to cardholders under their own brand, look and feel with no custom development required.” 🤙
  • AI Financial Assistant will be available to U.S. financial institutions for pilot in August 2026, with a planned global rollout to follow.

 

• 👀 De Novo watch…  Former BNY exec, Brian Tabb, is seeking approval to launch Sagehaven Bancorp, a community bank in Pittsburgh focusing on serving small and mid-market companies and mid- to high-net-worth individuals, and is projected to open in April 2027.

 

• Notre Dame FCU (charter 24034; total assets $1.3B) announced a new partnership with My First Nest Egg to provide a family-first financial education platform designed to help children and teens build strong money habits early.
  • Uncle Sean loves this as I am a strong advocate of financial literacy – particularly with children and young adults. 🫶  Nicolle Hood and Annie Shoen – keep up the good work at My First Nest Egg!!!

 

• Notable FinTech funding for the week (lots of celebrations):
  • Shoutout to Linker Finance for their additional $5M Seed funding bringing their total Seed funding to $8.7M. 🎉
    • This LinkedIn post from Angels Ventures sums it up perfectly:
      • “We first backed Jorge Garcia, Claudia Bardales, and Alejandro Corpeño in 2023, right after Techstars, and since then, contracted ARR is up 600% year over year, the live customer base has grown 5x, and Vault.bank (built on Linker) helped Bank of Brodhead grow deposits 20% in its first full year.” (bold emphasis added by Uncle Sean) 🚀
  • A virtual high-five to Lumin Digital as they raised $70M in client investments following a recent $45M growth equity round totaling more than $115M in new capital at a $1.6B valuation. 🦄
  • And Flex (fka Flexbase – an AI-driven private banking platform for high-net-worth business owners) gets in on the unicorn action 🦄 as they picked up $70M in Series B1 funding round and doubled their valuation to $1.2B in six months while “its revenue has tripled since December.”  WOW!!!

 
 
Random Uncle Sean stuff:

• ⚽ The World Cup has come down to Spain vs. Argentina on 7/19 for the Final and France vs. England on 7/18 for the Bronze final.
• Be sure to check out The Oldest Bar in Every US State - Business Insider with some very cool pics.  Spoiler alert – the oldest in the U.S. is The White Horse Tavern in Newport, RI established in 1673 (History | The White Horse Tavern, Newport, Rhode Island).
• Okay – here are the Dad / Bad jokes for the week:
  • If you get sick at the airport, is it a terminal illness??? 😏✈️
  • A boiled egg in the morning is hard to beat…. 🙄🤦‍♂️
  • My life coach called and told me I didn’t make the team… 😂🤣
  • If you can’t think of a word, say “I forget the English word for it.”  That way people will think you’re bilingual instead of just an idiot. 🤔🙃😆
  • Cyclospora cayetanensis is the microscopic parasite responsible for the current cyclosporiasis outbreak from contaminated shredded lettuce.  Primary symptoms of cyclosporiasis include severe watery diarrhea, fatigue, and loss of appetite.  Without treatment, symptoms can last anywhere from a few days to a month or longer (😲 oh dear Lord!)…
    • I’m just sayin’ that donuts won’t do you that way! 🍩😋  Be sure to follow me for more health and fitness tips! 🤠

 
 
“The world needs good people - be one of them.”
 
Have a GREAT weekend and please stay safe!
 
Uncle Sean
 
Sometimes known as Sean Mayo – contact me directly for scope and pricing of custom reports / analysis projects at [email protected] | 214-604-6961 – or you can contact FedFis Sales Team at 512-960-0911 | [email protected] #FedFisHasTheData FedFis
 
FedFis, LLC disclaimer – The views and opinions of Uncle Sean are of his own and may not necessarily represent the views, endorsements, and/or opinions of FedFis, LLC and its affiliates – we all know he’s a little bit different; but that’s why we love him.
 
 

The third bank failure of 2026...

On 7/10/26, the Office of the Comptroller of the Currency (OCC) closed Kentland Federal Savings and Loan Association of Kentland, IN (FDIC 28722; total assets $3.8M; total deposits $3.7M as of the 3/31/26 call report) and appointed the FDIC as receiver. Kentland Bank of Kentland, In (FDIC 13843; total assets $402M - no affiliation with Kentland Federal Savings and Loan Association) to purchase substantially all assets and assume all deposits of Kentland Federal Savings and Loan Association. 
 ​

• The FDIC preliminarily estimates that the failure will cost the Deposit Insurance Fund approximately $1.2 million.
• With total assets of $3.73M and total deposits of $3.65M, Kentland FSLA was the smallest standalone bank in the U.S.
• Sources: Kentland Bank Assumes All Deposits of Kentland Federal Savings and Loan Association | FDIC.gov and OCC Appoints Receiver for Kentland Federal Savings and Loan Association, Kentland, Indiana | OCC

 
 
Additional FedFis insights as of the 3/31/26 call report:

• Kentland Federal Savings and Loan Association had a FedFis Rating© of 4.58 as of March 2026 placing them in the lowest possible percentile of all US banks.  Even at only $3.8M in total assets (as the smallest standalone bank in the U.S.), the bank has struggled to grow assets and income as a mortgage lender sufficient enough to cover operating expenses; and had incurred continued losses for many years resulting in a critically undercapitalized position.
  • 95% of the bank loan portfolio is in home mortgages. Efficiency Ratio of 305%.  Negative ROAA of (4.81%) and negative ROAE of (105.57%). 
  • Total bank equity position remaining of only $148K and a quarterly loss rate of ($45K - $50K) left no capital buffer; and the OCC deemed no reasonable prospect that the bank will become adequately capitalized.

​
Sean Mayo
Sr. VP, US Financial Institutions Group
[email protected]

Happy Friday!!!
 
Summer 🔥🥵 is definitely here!!!  Here is the Uncle Sean Update for 7/10/26 (subscribe here for free):
 
First up is some macroeconomic data (you know how I love to geek out on that 🤓):
 

• Late last week, the BLS released a fairly week June Jobs Report showing total non-farm payrolls added only 57,000 jobs in June, significantly lower than the 115,000 Dow Jones consensus estimate.  April and May jobs were also revised down by a total of -74,000 (you can see the revision history here - Nonfarm Payroll Employment: Revisions between over-the-month estimates, 1979-present).  Still shows positive job growth of roughly 90K jobs per month for the first six months of 2026, so it’s not all bad.   
  • Other key points:
    • If you have been following the Bankers Helping Bankers (BHB) Inside the Numbers quarterly podcast, you will not be surprised to see that Healthcare and Social Assistance once again led the job growth at +46.6K jobs added in June (Uncle Sean refers to this as the “Gray-shaped Economy” – LOL)
    • Unemployment dropped to 4.2% driven mostly by a noticeable drop in the labor force participation rate to 61.5%.
      • 👉 This is the lowest since March 2021; and if you skip the pandemic era, this is the lowest reading since May 1976 – HOLY SMOKES!!!! 😲 Source: Federal Reserve Bank of St. Louis (FRED) - https://fred.stlouisfed.org/series/CIVPART/
    • Average hourly earnings hit at 3.5% - so if you are getting reasonable annual COLA / wage increases, you are doing okay – not great, but okay.

 

• If you want to go even deeper, I highly suggest looking at the Federal Reserve’s July 2026 Semiannual Monetary Policy Report that they submitted to Congress today – great stuff here; and it gives you a good sense of how the FOMC is looking at the economy!!! 🤙

 
Now back to the rest of the Update 🤠:
 

• 👀 Open Standard announced Open USD (OUSD) – a new stablecoin for international money movement backed by a consortium of more than 140 companies including Visa, Stripe, Mastercard, Coinbase, BlackRock, BNY, Ripple, Google, Shopify, and the Solana Foundation.
  • Businesses can mint and redeem OUSD at no cost and no volume limits; partners receive most of the OUSD reserve earnings (less a mgmt. fee to cover opex); with governance shared among partners through an independent organization rather than a single controlling issuer. Open Standard's interim CEO is Zach Abrams, who founded Bridge, the stablecoin platform Stripe acquired in 2024.

 

• Grasshopper Bank, N.A. (FDIC 59113; total assets $1.5B) partners with Increase to launch instant payments via stablecoins for international payments in near real time and 24/7 availability.
  • Per the PR, “With the new solution, fintechs can convert fiat funds held in a Grasshopper Bank account into USDC, issued through Circle's regulated affiliates, through an Increase API and track transactions end-to-end. Funds can then settle on supported blockchains 24/7, helping streamline cross-border payments.”

 

• U.S. Bank, N.A. (FDIC 6548; total assets $684B) continues to lean into the SMB banking space and announced the launch of Enhanced Payments (includes same-day ACH, domestic and international wires, and instant payments) directly within U.S. Bank online banking and the bank’s mobile app.

 

• 👏 Shoutout to Nova Credit as they announced that Sallie Mae (Nasdaq: SLM) has selected the Nova Credit’s Income Navigator to support income verification as part of its private student loan underwriting process.

 

• 👀 De Novo watch…  Klarna (NYSE: KLAR) announced they have applied for U.S. banking license with the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC) to establish Klarna Bank USA, a proposed Utah-chartered industrial bank (ILC).

 

• Business First Bancshares (Nasdaq: BFST; bank subsidiary is b1BANK; FDIC 58228; total assets $8.9B) has acquired American Planning Corporation.  American Planning CEO T. Jefferson Fair and his team will join Smith Shellnut Wilson, LLC (SSW), a b1BANK subsidiary, expanding SSW’s advisory platform to serve SSW and b1 Financial Services Group clients nationwide.
  • “Jeff Fair and his team have earned the trust of community bankers over many years—including ours,” said Jude Melville, chairman, president and CEO of Business First Bancshares, Inc. “We’ve worked together since our founding twenty years ago, and I have complete confidence that by formally joining forces, we will amplify the positive impact Jeff already has had on the community banking industry.”
    • Congrats, Jeff!!!! 🚀

 

• United Roosevelt Savings Bank (FDIC 29170; total assets $384M) selects COCC as its new core processing vendor.

 

• On the AI front…
  • Liberty Bank (FDIC 17943; total assets $9B) announced the launch of its AI Center of Excellence powered by Flare AI.
  • Axos Financial (bank subsidiary is Axos Bank; FDIC 35546; total assets $28.2B) to acquire Arc Technologies, Inc. bringing integrated cash management, capital markets, and AI-powered financial software solutions through a unified platform designed to help businesses manage cash, access debt financing, and streamline financial operations.
  • ArcOne AI announced the extension of ArcOne BankOS™ into major banking domains covering retail, commercial, global transaction banking, capital markets, wealth, and payments.

 

• Plenty of flexing 💪 going on this week:
  • MANTL milestone - announced they have helped customers raise over $40B in deposits while saving more than 1M hours across account opening workflows in digital and branch channels.
  • Erebor Bank, N.A. (FDIC 59378; total assets $1.7B) is eyeing an additional funding raise at a valuation of at least $8B (according to Bloomberg) as the “bank's deposit base has nearly quadrupled since March, reaching $4.05 billion from the $1.1 billion it disclosed to regulators at the end of that month, per the report.”
  • Greenlight, the popular family banking app, announced it has surpassed 100 credit union partners nationwide through its Greenlight for Credit Unions program launched in 2023 (Greenlight Financial CUSO).

 

• Capital Community Bank (dba CCBank; FDIC 33823; total assets $1.5B) continues its rebranding as CCBank and its subsidiary, Security Home Mortgage, announce a strategic rebrand to Accordia Bank and Accordia Mortgage effective Aug 17, 2026.
  • Recall in June where CCBank launched Quill Bank website in support of BaaS and fintech platforms – “Banking infrastructure for modern finance.”
  • It also appears that Limelight Bank (CCBank’s direct digital brand) is also rebranding to Accordia Bank per the Limelight Bank website – “Limelight Bank and CCBank are becoming Accordia Bank.”

 

• Cascade Federal Credit Union (charter 7748; total assets $380M) selects Swaystack to deliver onboarding “inside the Jack Henry Banno digital banking platform, guiding members through account funding, direct deposit switching, and subscription transfers from the first login.”

 

• 🤔 Well, well, well…  The SEC’s semiannual reporting proposal draws groundswell of opposition as nearly all (99%) of letters submitted were from those who opposed the SEC’s proposal, according to this SEC Semi-Annual Reporting Proposal Tracker (S7-2026-15) overseen by Ohio State University accounting professor Tzachi Zach.

 

• On the funding side – Super.com (savings and rewards app) raised $65M in Series D funding round at a $1.2B valuation 🦄. 
  • “2025 was a breakout growth year for Super.com. The company became profitable and grew revenue over 50%, surpassing $200 million in net revenue diversified across recurring and transactional revenue streams. Its Super+ membership is now approaching 1 million members and continues to grow with over half of U.S. hotel bookings now coming from Super+ members.”
    • Check them out at Super.com: Save, Earn, Travel.

 
 
Random Uncle Sean stuff:

• A tribute to the 80’s – no, not the decade or the super-cool 80’s rock 🕺, but the age…  A trio of Presidential Happy Birthday’s to: Former President George W. Bush who turned 80 on July 6th; President Trump who turned 80 last month; and Former President Clinton who turns 80 on Aug. 19. 🎂🎉
• It’s that time of year…  We made it to mid-July, it’s 100 degrees outside – and that can mean only one thing….  Walmart should have their Christmas stuff out any day now! 🎅🎄
• You made it!!!  Here are the Dad / Bad Jokes to wrap up the week:
  • Home is where you trust the toilet seat!!! 😬🤠
  • Me:  But 60 is the new 40…  The officer who pulled me over:  Sir, step out of the vehicle. 🚔😭
  • I’m not saying I’m old, but my body is starting to make noises that sound expensive! 😅
  • And my favorite for the week:
    • Aunt Patty said she found a picture of me when I was a baby…  Turns out it was just a picture she took during our last argument.  😂❤️🤣

 
 
“The world needs good people - be one of them.”
 
Have a GREAT weekend and please stay safe!
 
Uncle Sean
 
Sometimes known as Sean Mayo – contact me directly for scope and pricing of custom reports / analysis projects at [email protected] | 214-604-6961 – or you can contact FedFis Sales Team at 512-960-0911 | [email protected] #FedFisHasTheData FedFis
 
FedFis, LLC disclaimer – The views and opinions of Uncle Sean are of his own and may not necessarily represent the views, endorsements, and/or opinions of FedFis, LLC and its affiliates – we all know he’s a little bit different; but that’s why we love him.
 
 

Happy Friday!!!
 
We will be pausing the Uncle Sean Update next week in celebration of Independence Day 🎆🧨.  But first, here is the Uncle Sean Update for 6/26/26 (subscribe here for free):
 

• 👉 Primax gets in on the 2fer action this week:
  • First up is a huge salute 🫡 as Primax joins Bankers Helping Bankers (BHB) as a Premier Sponsor!!!
    • “We believe in the community banking model and the vital role these institutions play in the lives of everyday Americans. Supporting BHB is our way of putting that belief into action and making sure the resources, connections and insights that community banks need are always within reach,” said Bill Hampton, President, Primax. 🎉
  • And check out Bankers’ Bank of Kansas (FDIC 27351; total assets $212M) selects Primax as its credit card processing partner for its agent credit card program. 👏  BBOK has grown into one of the nation’s leading bankers’ banks providing correspondent services to banks across multiple states and serving more than 90% of banks across Kansas.  Primax will begin providing credit processing support to BBOK by early 2027.

 

• On the macroeconomic front… 
  • The BEA released the May PCE Report and inflation came in hot as expected at 4.1% with core PCE at 3.4%.  The good news is that there were no real surprises.
  • The BEA also updated the 1Q2026 GDP (third and final estimate) and was revised up 0.5% to 2.1% largely due to a downward revision to imports (which is positive to GDP).
  • The next FOMC meeting is scheduled for July 28 – 29; it will be interesting to see if the Iran ceasefire holds and energy costs remain in check.

 

• 👉 I admit it… I am biased as I love both of these firms (their principals and employees are awesome) and what they are doing to help community banks and credit unions.
  • Happy to share that FIntegrate Technology and OMNICOMMANDER have announced a new partnership to help FI’s grow, compete, and operate more efficiently.
    • “Through the strategic partnership, clients of both companies gain expanded access to capabilities that address the full arc of financial institution performance. OMNICOMMANDER helps banks and credit unions take control of their digital presence with customized digital solutions designed to strengthen engagement, improve visibility, and support sustainable growth. FIntegrate Technology provides the operational technology institutions need to streamline collections and recovery, improve dispute management, and securely convert legacy data.”

 

• And a shoutout 🎉 to my friends at CSI as they continue to lean into modernization for community banks by announcing the launch of Open Integration Hub, giving community banks transparency and control over fintech integrations – NICE!!! 👏
  • Here is the actual link to the Open Integration Hub | CSI.

 

• Finosec flex 💪 (okay – that just sounds cool) this week by announcing they have surpassed 200 FI's on its cybersecurity governance platform while also sporting a 99% client retention rate! 🚀
  • Check out their platform at Finosec | Automated Governance for Financial Institutions.

 

• 👀 Stablecore, in partnership with Circuit and Curql, launched an early-access stablecoin and digital asset program for Credit Unions.
  • Participants of the initial launch include RBFCU (charter 8111; total assets $19.2B), Stanford FCU (charter 13392; total assets $4.8B), and La Capitol FCU (charter 14568; total assets $800M) representing some heavy hitters in the CU space.🤙

 

• Parafin announced the launch of the Parafin Spend Card – a business credit card program that allows platforms/brands to deploy a small-business credit product in weeks without becoming a bank.  Parafin’s embedded business credit card solution is issued by Column N.A. and powered by Marqeta.

 

• 👀 X Money goes live as user sends $25 directly to Elon Musk via real-time P2P transaction.

 

• Mercantile announced a new partnership with the American Bar Association (ABA) to launch the new ABA American Express Business Card (issued by Celtic Bank) to support solo practitioners and small law firms.

 

• Backbase acquires Kasisto, a pioneer in agentic AI for banking and financial services, adding to Backbase’s AI-native Banking OS.

 

• Lili (online banking platform built for small business owners) has selected Lendio's AI-driven origination platform to embed business lending directly into the Lili platform.

 

• FLEX Payment Solutions adds Pay By Bank solution further expanding on FLEX's payment ecosystem, which includes ACH processing, card processing solutions, text payments, IVR payments, instant funding technologies, and payment gateway integrations.

 

• Some sponsor bank rebranding taking place…
  • It’s official…  LendingClub Bank (Nasdaq: HAPN; FDIC 3255; total assets $11.8B) has rebranded to Happen Bank (www.happen.com).
  • Capital Community Bank (FDIC 33823; total assets $1.5B) is set to rebrand to Quill as of June 30 including a new website (Coming Soon - Quill).

 

• Jordan Credit Union (charter 24698; total assets $421M) selects Mahalo Banking's Thoughtful Banking platform for digital banking in conjunction with Jordan CU’s planned transition to the Corelation Keystone core system.

 

• NCR Atleos (NYSE: NATL) U.S. reseller collaboration with Sesami which Atleos and its channel partners will resell Sesami’s CM-Series Intelligent Teller Cash Recycler (TCR) solutions to banks and credit unions across the United States.

 

• Edward Jones makes a big commitment to trust by offering Careful at no cost to clients nationwide.  Careful is a financial safety platform that helps monitor accounts for warning signs such as suspicious transactions, behavior changes associated with scams, and even mistakes people make themselves – including those that can come with aging. The tool allows clients to choose to send selected alerts or information to trusted loved ones, creating shared awareness without transferring control. 👏

 

• Modern Treasury announced a partnership with Sardine to help businesses detect fraud earlier (via Sardine’s real-time monitoring and risk infrastructure) and reduce risk at scale for businesses moving money across the US and globally.

 

• Cash is still King…
  • Treasury Prime announced the launch of Prime Cash powered by Green Dot’s (NYSE: GDOT; FDIC 22653; total assets $5.9B) embedded finance platform, Arc.  Treasury Prime’s fintech partners can now enable customers to deposit cash to their digital accounts at more than 90,000 retail locations nationwide.
  • Synctera partners with InComm Payments to enable FinTechs and companies offering embedded finance to offer in-store cash deposits to their customers. 

 

• Some personnel moves:
  • Candescent appoints Jason Edelboim as CEO to accelerate the shift from digital to intelligent banking.
  • Performance Trust Capital Partners adds Nathan Stovall as Managing Director, Head of Industry Insights within its Financial Institutions Group.
  • ICBA Payments announced the election of Trent Sorbe to its board of directors.  Trent Sorbe, a payments industry veteran and super nice guy, is currently the EVP and Chief Payments Officer of First International Bank & Trust.

 

• Some FinTech funding announcements:
  • Flagright (AI operating system for financial crime compliance) raised $12.5M in Series A funding round.
  • Airwallex (AI native global financial platform for businesses) raised a massive $320M in Series H round at a valuation of $11B, up from its $8B valuation just a few months ago in Dec 2025.
  • Trovy (HELOC loan and HELOC card platform) raised $15M in Series A round bringing its total capital raised to $25M.
  • Taktile (AI transformation for financial institutions) raise $110M in Series C funding.

 
 
Random Uncle Sean stuff:

• Remembering Alan Greenspan, the legendary Fed Chair that served for nearly two decades and under four presidents, who passed away on Monday at the age of 100.
• Somehow, we (as Texans) lost a giraffe 🦒 🤷‍♂️ in the remote Texas Hill Country west of San Antonio; and in classic Texas humor, she has broken the internet with AI-generated memes (Facebook is a riot – just search Gracie the Giraffe and you can thank me later).  Not to worry though as she has been found today safe and sound after nearly two weeks of being on the run.
• Applebee’s is bringing back the DOLLARITA® for the entire month of July!!! 🎉  Hey – it’s Friday and you can tell where my mind is!!! ☺️
• Yep – here are the Dad / Bad jokes:
  • I have no idea how dishwasher tablets work…  I’ve already taken five of them and I still don’t feel like doing the dishes! 🤷‍♂️🫣
  • Not all math puns are funny…  Just sum… 😉🙃
  • If they don’t want me to drink the whole bottle, they should make it easier to put the cork back in! 😂🍷
  • Quinoa tastes like I’d rather be fat… 🤠
  • And my favorite for the week:
    • It’s not that the man didn’t know how to juggle, he just didn’t have the balls to do it. 🤣

 
 
“The world needs good people - be one of them.”
 
Have a GREAT weekend, a WONDERFUL upcoming 4th of July and please stay safe!
 
Uncle Sean
 
Sometimes known as Sean Mayo – contact me directly for scope and pricing of custom reports / analysis projects at [email protected] | 214-604-6961 – or you can contact FedFis Sales Team at 512-960-0911 | [email protected] #FedFisHasTheData FedFis
 
FedFis, LLC disclaimer – The views and opinions of Uncle Sean are of his own and may not necessarily represent the views, endorsements, and/or opinions of FedFis, LLC and its affiliates – we all know he’s a little bit different; but that’s why we love him.
 
 

Happy Friday!!!
 
It’s a double holiday weekend with Happy Juneteenth and Happy Father’s Day 💪 wishes to all the Dad’s out there getting it done week after week and year after year 🫡!!!  Here is the Uncle Sean Update for 6/19/26 (subscribe here for free to join 17,000+ weekly subscribers):
 

• It’s Fed Week and we get our first look at how new Fed Chairman Warsh intends on running the show (focus on brevity and drops forward guidance).  As expected, the FOMC unanimously voted  keep interest rates at their current range of 3.5% - 3.75%.  Some key points:
  • Inflation and price stability seems to be the key driver going forward.
  • Chairman Warsh is appointing a task force in each of 5 areas that are central to the broad conduct of monetary policy.  Work is expected to begin in the next couple of weeks with most (if not all) hopefully concluding by year end:
    • Fed communications
    • The Fed Balance Sheet
    • Use and reliance on existing data sources
    • Productivity and jobs (in an era of transformation)
    • The Feds inflation frameworks
  • Here is the Summary of Economic Projections (which of course is not policy but a best guess on where things are headed based on information available today) – note that Chairman Warsh abstained from giving an estimate himself.  And here is the Transcript of Chairman Warsh's Press Conference (21 pages) and the Press Conference Video (YouTube 42:37).

 

• Shoutout to my friends at DCI 🫶 as they partner with Finosec as their preferred cybersecurity partner giving “community banks a practical, modern way to address critical governance needs, including third-party risk management, access management, and cybersecurity oversight.” 👏
  • You can join DCI and Finosec for an informative webinar and demonstration next Thursday, June 25, at 12 pm CT. Click here to register.

 

• Texas Bank (headquartered just down the road from me in beautiful Henderson, TX 👍; FDIC 21074; total assets $953M) selects Narmi for both consumer and business digital account opening (Narmi Grow).
  • 👉 Hey Ramon Cocolan Jr, CTP – let’s grab lunch sometime (my treat), we are practically neighbors!!! 😊

 

• Blend (NYSE: BLND) announced their expanded partnership with MeridainLink by integrating with MeridianLink Consumer, MeridianLink Mortgage, and DecisionLender – enabling lenders to “more efficiently and securely share data between Blend’s solutions and MeridianLink to drive quality and efficiency in the loan origination process.”

 

• 💥 Mercury announced the launch of Mercury Command enabling customers to chat with their Mercury account and complete financial tasks via AI.  “With Command, customers can tell Mercury what to do in natural language, and the work gets done with their approval — check your cash position, change your auto-transfer rules, categorize transactions, send an invoice — all from a single conversation without navigating menus or switching between tools.”  WOW!!!!!
  • Recall recently where Mercury raised $200M in series D (5/20/26) at a $5.2B valuation and has received OCC conditional approval (4/27/26) to establish Mercury Bank, N.A.
    • 👉 Indeed, the new world of treasury services / business banking and consumer banking is evolving rapidly!!! 🚀
      • Eric Cook, MBA – I am thinking of you as I write this!!!

 

• Thredd (AI-first issuer processor) announced a strategic partnership with Sutton Bank (BaaS sponsor bank; FDIC 5962; total assets $1.7B) where Sutton Bank will serve as BIN sponsor (issuing bank partner) for Thredd clients seeking to launch and scale prepaid and debit card programs in the U.S.; and Thredd will provide the issuer processing platform and program infrastructure.

 

• WebBank (BaaS sponsor bank; FDIC 34404; total assets $2.6B) selects Sedric’s AI-powered compliance platform to accelerate the review and approval of marketing materials across its fintech partner ecosystem, ensuring faster time to approval while maintaining regulatory standards and creating a reliable audit trail.

 

• Jack Henry (Nasdaq: JKHY) gets a 2fer this week:
  • CorTrust Bank (FDIC 6063; total assets $1.6B) selects JKHY for core and Banno for digital banking including JHA Card Processing Solutions™ to unify debit and credit card services, creating a more consistent experience across channels and devices.
  • First American Bank and Trust (FDIC 8149; total assets $1.4B) selects JKHY for core processing and digital (via Banno) as well as JKHY’s Tap2Local™ platform to will support the bank's goal of growing its small business portfolio.

 

• 👀 Deluxe (NYSE: DLX) to acquire Celero Commerce, a financial technology company focused on optimized payment solutions for small to mid-sized businesses and strategic partners, for $625M. 
  • The transaction advances the ongoing Deluxe transformation strategy to shift the revenue mix towards higher growth Payments and Data segments. Post-closing (expected 3Q2026), the combined Payments and Data businesses are expected to increase to 57% of 2026 revenues on a proforma basis, compared to 31% in 2020.

 

• Widely rumored last week but confirmed this week…  Nuvei to acquire Payoneer (Nasdaq: PAYO) for approximately $2.75B with closing expected in mid-2027.

 

• Payfinia (CUSO delivering embedded instant payments and digital wallet solutions) has been selected for The Circuit Accelerator Program, a fintech accelerator designed to help forward-thinking technology companies validate solutions, launch pilot programs, and build strategic partnerships within the credit union ecosystem.

 

• CheckAlt has joined the U.S. Bank Connected Partnership Network, an online marketplace of fintech and third-party payment and treasury solutions that are fully integrated with U.S. Bank (FDIC 6548, total assets $683B).  The network helps corporate treasury teams easily identify and integrate technology already connected with the bank.

 

• Zelle goes international and announces ZLUSD stablecoin with India being the first country where U.S. consumers can use Zelle to send money to family and friends overseas (expected by the end of this year).  The ZelleUSD (ZLUSD) stablecoin will support future international payment capabilities in other markets.

 

• Some personnel moves:
  • Fiserv promotes Takis Georgakopoulos to CEO as exiting CEO Michael P. Lyons heads to Truist as their new President and CEO.
  • impactFI welcomes Jana Graff as Strategic Partner and “advisor to community banks, helping them use their core technology more intentionally, turning a system they’re often just managing into one that’s actively working for them.”

 

• Notable FinTech funding for the week:
  • Interchecks (instant payments platform) raised $50M in Series C funding round sporting “triple-digit net revenue growth year-over-year for the past seven years” and also announced the launch of Account Funding Transactions that “enables businesses to fund eligible accounts using debit credentials, with transaction processing designed to support fast, secure funding experiences.”

 
 
Random Uncle Sean stuff:

• Congrats to the New York Knicks for winning the 2026 NBA championship 🏀🏆 – their first since 1973!  These pics from the NYC celebration parade are very cool!!!
• It’s early, but we had our first named storm of the hurricane season with tropical storm Arthur spawning up the Texas coast.  I was talking to Matthew Smith earlier this week about living in Houston when I was younger and recalling so many storms and floods.  One of the most cementing (and terrifying) memories I have is of the floating fire ant balls during floods – YES, it’s a thing 😲 🫣!!! Here is some proof to fuel your nightmares - Floating Fire Ant Rafts Are Horrifying, Dangerous, Really Cool | HowStuffWorks.
• Yessir – here are the Dad / Bad Jokes to close out the week:
  • When you put on western wear clothing, you are ranch dressing… 🤠
  • If you come across a snakeskin it means the snake shed it to grow bigger.  It’s the same thing if you come across my clothes at Goodwill… 😅
  • Why is it called a “sell by date” and not a “spoiler alert”…??? 🤔😄
  • And my favorite for the week:
    • I told my psychiatrist that I’ve been hearing voices…  He told me that I don’t have a psychiatrist. 😲🙃🤣

 
 
“The world needs good people - be one of them.”
 
Have a GREAT Father’s Day weekend and please stay safe!
 
Uncle Sean
 
Sometimes known as Sean Mayo – contact me directly for scope and pricing of custom reports / analysis projects at [email protected] | 214-604-6961 – or you can contact FedFis Sales Team at 512-960-0911 | [email protected] #FedFisHasTheData FedFis
 
FedFis, LLC disclaimer – The views and opinions of Uncle Sean are of his own and may not necessarily represent the views, endorsements, and/or opinions of FedFis, LLC and its affiliates – we all know he’s a little bit different; but that’s why we love him.
 

​Happy Friday!!!
 
Here is the Uncle Sean Update for 6/12/26 (subscribe here for free):
 

• Pretty sure everyone saw this coming with gas prices remaining elevated…  As expected, the BLS May CPI report came in hot at 4.2% YoY (April was 3.8%) which is the highest annual reading since April 2023.  Core CPI at 2.9% (April was 2.8%) with the energy index up 23.5% (gasoline at 40.5%).  CNBC has a good summary analysis.

 

• 👉👉👉 FinPro, Inc. announced the formation of The Alliance Consortium, LLC, (The Alliance)™ along with as strategic investment by Fiserv into FinPro demonstrating Fiserv’s commitment to The Alliance and community banks as a whole.  The Alliance is a bank‑owned entity designed to provide excess deposit insurance coverage for community banks and their depositors beyond traditional FDIC limits. 💥
  • “In addition to providing excess deposit insurance coverage, The Alliance will offer participating banks access to enhanced risk monitoring and mitigation services, including a free subscription to FinPro’s Scorecard System which is the foundation for the insurance rating risk analytics. In addition, FinPro will be providing five levels of risk mitigation which collectively should reduce the number of bank failures and materially reduce the cost of bank failure resolutions. FinPro is currently in process of getting patent protection on both its unique Scorecard System along with the mitigation process.”
    • OUTSTANDING!!! 🚀

 

• This speech by FDIC Chairman Travis Hill is a must read (the timing and context aligns 💯 perfectly with FinPro’s excess deposit insurance announcement above 👆) - Rethinking Resolution Readiness: Learning from Experience and Sharpening Focus. A few key points:
  • enhanced IDI resolution planning and access to third-party service providers and/or internal systems with the goal of lowering the cost of a bank’s failure
  • expect to continue to build up the DIF and proceed towards the FDIC’s long-term target of 2%
  • plans to further expand abilities to rapidly identify insured versus uninsured deposit accounts in a failure
  • working on a modified procurement process for resolution-related contracts with private sector financial advisors with the goal to “increase competition, reduce timelines, and allow for greater flexibility in the overall process, so that we can contract with top industry participants and reduce overall costs to the DIF.”

 

• Smiley Technologies announced a partnership with SavvyMoney to bring SavvyMoney’s credit awareness, financial education, and personalized opportunities directly to Smiley Technologies bank customers within their digital banking platform, without asking their end customers to go elsewhere or start over. 👍

 

• Vine announced the launch of its new Reporting Dashboard that provides a centralized view of key agricultural and commercial loan portfolio metrics, unifying loan portfolio performance with core banking data, including deposit relationships and liquidity trends, giving institutions the full financial picture of their performance.

 

• Grasshopper Bank (FDIC 59113; total assets $1.5B) announced the launch of Grasshopper Treasury, in partnership with Waldo, to help Grasshopper’s business banking clients optimize idle cash and access treasury portfolios directly through the Bank's digital platform, with target yields of up to 5% (and same-day withdrawals).

 

• VIVA Finance announced a new partnership with DR Bank (FDIC 58257; total assets $861M) where DR Bank will be a sponsor issuer of loans on VIVA’s employer-based lending platform.

 

• Autobooks, in conjunction with their partnership with Global Payments (NYSE: GPN - formerly WorldPay) adds pay by card to bill pay allowing consumers and small businesses to pay any bill by credit card, including bills owed to billers who do not accept card payments directly.

 

• 👀 Good things happening here as Republic Bank of Chicago (FDIC 19333; total assets $2.5B) partners with Kobalt Labs to modernize its third-party risk and compliance oversight with further expansion into fintech partner diligence and marketing collateral review.
  • Check out Kobalt AI-based TPRM and compliance solutions at https://www.kobaltlabs.com/. 🤙

 

• Square Financial Services (FDIC 59177; total assets $1.8B) announced the launch of Square High Yield Savings paying 3.5% APY to Square sellers that maintain a daily balance of $10K or more in their Square Savings account. Square also announced the upcoming automated sales tax folder, a new feature within Square Savings that automatically sweeps the sales tax collected on eligible card sales into a dedicated folder (helping owners who struggle to keep track of sales taxes collected).

 

• Speaking of high-yield savings…  Klarna announced the launch of Klarna Savings accounts in the U.S. paying 3.28% APY with no minimum and no fees available directly in the Klarna app and held by WebBank (FDIC 34404; total assets $2.6B).

 

• Sponsor Bank flex 💪 as Capital Community Bank (CCBank; FDIC 33823; total assets $1.5B) announced the launch of Quill Bank to serve the fintech banking vertical highlighting a trusted brand backed by the bank’s regulatory, operational, and relationship-banking expertise.
  • Andrew Cusick, Chief Business Development Officer, said, “Innovation without a solid banking backbone can be a liability. Quill Bank exists because fintechs deserve a brand that reflects the institution standing behind them — one with tested experience, real relationships, and know‑how.”
    • Per the PR, “Quill Bank's launch is effective on June 30, 2026, when the Quill.Bank website will go live. Fintechs interested in learning more about Quill Bank can contact Andrew Cusick at (801) 705-4383 or [email protected]”
      • Oh and I couldn’t help but notice that Limelight Bank (the direct digital bank brand of CCBank) is sporting a nice 3.90% high-yield savings account. Sweet!!! 😉

 

• Members First Credit Union (charter 67153; total assets $206M) selects Mahalo and Correlation for a complete primary tech stack upgrade with Mahalo powering online and mobile alongside Corelation Keystone as new core processor replacing FLEX.

 

• Oof… 😬 The NCUA has filed a lawsuit against the former president and CEO of Jackson Area Federal Credit Union (JAFCU) and her husband, alleging the executive misappropriated at least $95M 😲 from the institution over a period spanning several years, with the funds allegedly going to luxury jewelry, a grand piano, multiple properties, and more than $14 million in credit card charges. 
  • Jackson Area Federal Credit Union (charter 8445 and previously conserved on 5/6/26) filed a revised March call report in May showing $71M in total assets (Dec was $162M) and a Net Loss of -$92M (due to a misc non-interest exp charge of $92M) resulting in a negative equity position of -$77M (Source: FedFis).
    • By the way…  Credit to Mark Treichel who wasn’t the only one with a raised eyebrow when JAFCU was conserved, but he was the only one that I saw with a legitimate deep dive as to why this seemed odd from the get-go. (source: May 7 - https://www.marktreichel.com/post/five-lessons-from-the-jackson-area-federal-credit-union-conservatorship).  Great work, Mark! 👏

 

• Some personnel moves:
  • Yendo announces Kevin Bird as Chief Product Officer and Nizar Rana as Chief Marketing Officer.
  • Synctera welcomes Chris Mayor as CTO.

 

• Notable FinTech funding for the week:
  • Reset (embedded EWA platform for community banks and CU’s) raised $6M in Seed funding with participation from the Bankers Helping Bankers Fund and many others.
  • EDGE Markets (fintech banking solution for emerging verticals such as betting, gaming, and casinos) raised $29.2M in Series A round.
  • Current (fintech banking app for consumers) raised $80M in Series E funding round at a $1.5B valuation stating a third consecutive year of growth exceeding 70%.

 
 
Random Uncle Sean stuff:

• Holy smokes – I hope you were able to watch Game 4 of the NBA Finals this week.  That was a CRAZY game with the Spurs giving up a 29 point lead (the largest in NBA finals history) to lose to the Knicks 106 – 107 in the last second.   ESPN analyst and former NBA All-Star Charles Barkley did not hold back on his criticism of the Spurs performance. 😲 Game 5 is Saturday night in San Antonio.
• 🙏 Welcoming all international visitors to Texas for the World Cup ⚽!  This Austin American Statesman article is fantastic -  Europeans in Texas react to Buc-ee's! 🤠
  • "Europeans seeing their first Buc ee's be like: Why does this gas station have its own economy? 😭"
• And here are the obligatory Dad / Bad Jokes to close out this crazy week!!!
  • Running late is my morning workout! 😬🏃‍♂️‍➡️
  • U-Haul has the worst drivers of any moving company!!! 🚚😂
  • Not to brag too much, but…  I can always tell when they use fake dinosaurs in a movie. 🦖😉
  • “Orion’s Belt is a big waist of space.”  Terrible joke – only three stars. 😄
  • And my favorite this week:
    • Wine is Narcan for when you overdose on Microsoft Teams! 🍷🤣

 
 
“The world needs good people - be one of them.”
 
Have a GREAT weekend and please stay safe!  GO SPURS GO!!!! 🏀🏆
 
Uncle Sean
 
Sometimes known as Sean Mayo – contact me directly for scope and pricing of custom reports / analysis projects at [email protected] | 214-604-6961 – or you can contact FedFis Sales Team at 512-960-0911 | [email protected] #FedFisHasTheData FedFis
 
FedFis, LLC disclaimer – The views and opinions of Uncle Sean are of his own and may not necessarily represent the views, endorsements, and/or opinions of FedFis, LLC and its affiliates – we all know he’s a little bit different; but that’s why we love him.