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Bank / Credit Union News & Media

IYBank earns A ratings from S&P

December 5, 2001

TOKYO - Standard & Poor's (S&P) has assigned its A long-term and A-1 short-term counterparty credit ratings to IYBank, the online banking unit of major…

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U.S. Bank beefs up Spanish options at ATM; part of a larger campaign to woo Hispanics

December 4, 2001

MINNEAPOLIS -- As part of an effort to make banking easier for Mexican nationals, U.S. Bank has made more materials available in Spanish, including enhanced…

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Indonesian bank opens ATM network to Amex customers

December 4, 2001

INDONESIA -- PT Bank International Indonesia (BII) has entered an agreement to provide American Express Bank customers with access to its 600 ATMs in…

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Monetary Authority of Singapore awards two QFB licenses; will allow banks to install more ATMs

December 4, 2001

SINGAPORE -- The Monetary Authority of Singapore (MAS) has awarded Qualifying Full Bank licenses to Hong Kong and Shanghai Banking Corp (HSBC) and Malaysian…

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Bank of Ireland preps for euro changeover; ATMs to shut down Dec. 31

December 4, 2001

DUBLIN -- All ATMs in Ireland will shut down shortly after midnight on Jan. 1 for a minimum of four-and-a-half hours to facilitate the changeover to the euro…

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Government curbs ATM withdrawals in Argentina

December 3, 2001

BUENOS AIRES, Argentina -- The Argentine government announced on Dec. 1 that it had set limits on the amount of cash that can be withdrawn or sent abroad in an…

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Two Indian banks expanding ATM networks

December 2, 2001

MUMBAI, India  -- Two Indian banks, Indusind Bank and State Bank of India, have plans for major expansions of their ATM networks in 2002, according to a report…

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First Federal Lincoln Bank trades up to new NCR ATMs

November 29, 2001

DAYTON, Ohio -- NCR Corporation (NYSE: NCR - news) announced a three-year agreement with First Federal Lincoln Bank of Lincoln, Neb. for a nearly complete…

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New Japanese banks, including IY Bank, post losses

November 29, 2001

TOKYO -- A new generation of Japanese banks, including the new banking unit of retailer Ito-Yokado Co Ltd, reported interim losses on Nov. 9 due largely to…

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Network to provide surcharge-free ATM access for FIs

November 29, 2001

WASHINGTON, D.C. - A network of ATMs throughout the U.S. will provide surcharge-free transactions and deposits to customers of financial institutions with…

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Two Indian banks to share ATMs

November 29, 2001

INDIA -- According to a report in The Asian Banker, BNP Paribas and UTI Bank have signed a memorandum of understanding for sharing ATMs, effective this month.

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Chicago bank clears way for Mexican immigrants to open accounts

November 29, 2001

CHICAGO -- Under a new agreement between the government of Mexican President Vicente Fox and First Bank of the Americas, a 4-year-old Chicago bank with three…

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Badger banks pull back on ATMs

November 29, 2001

MILWAUKEE - Some major banks in Wisconsin have scaled back their off-site ATM deployments in off-premise locations, citing slow profits and a dearth of good…

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IY Bank seeks extension of fee waiver

November 28, 2001

TOKYO – IY Bank, the Japanese Internet bank that has installed 2,000 ATMs in convenience stores, has asked three banks to extend their commission-free period…

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ATM to be top distribution channel for euro

November 28, 2001

LONDON -- Up to 70 percent of all new euro currency is expected to be distributed via ATMs in the 12 nations making the switch on Jan. 1, according to a…

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Groups say ATMs not best option for residents of rural Ireland

November 28, 2001

IRELAND – According to a report in the Irish Independent, rural communities are assailing banks for closing branches in outlying areas.

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Some Portuguese banks won't stock euros

November 27, 2001

Claiming it doesn't want to have any interruption in ATM service, Portugal's Multibanco network of ATMs will convert just half of the country's 9,000 ATMs to…

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Citizens to drop some fees, including annual ATM card charge, when it takes over Mellon branches

November 27, 2001

PITTSBURGH -- Citizens Bank of Pennsylvania plans to eliminate or reduce a number of fees and minimum balances on checking and other accounts when it takes…

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Citizens to take over Mellon branches, ATMs in Great Eagle stores

November 26, 2001

PITTSBURGH -- Citizens Bank and Pittsburgh-based grocery store chain Giant Eagle, Inc. announced a long-term agreement to place 41 Citizens branches in Giant…

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NCR expands presence in China

November 20, 2001

SHANGHAI -- NCR will provide several of its Personas ATMs, plus the software and support to run them, to the Shanghai-based Bank of Communication in a deal…

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