Bank / Credit Union News & Media
Marquette Bank awards 60 scholarships to students
July 1, 2022
Marquette Bank, a Chicago-based bank, has awarded individual scholarships of $2,500 to 60 graduating seniors. School guidance counselors and principals…
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Southern First Bank opens headquarters in Greenville, South Carolina
July 1, 2022
Southern First Bank has opened its corporate headquarters in Greenville, South Carolina. This location will offer ITMs, which will provide video banking for…
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First National Bank delivers ITMs, financial education to Slippery Rock University
June 30, 2022
First National Bank, a subsidiary of F.N.B. Corp., has partnered with Slippery Rock University in Pennsylvania to deliver banking services and financial…
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Bank of America offers virtual account management to US companies
June 30, 2022
The Bank of America has expanded its Virtual Account Management solutions to companies in the U.S. With this service, companies can open virtual accounts to…
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Citizens unveils early paychecks, eliminates non-sufficient funds fees
June 29, 2022
Citizens Financial Group Inc. is debuting a Paid Early tool to allow customers to get paychecks several days in advance. It also plans to eliminate all…
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CULA partners with UNIFY Federal Credit Union on vehicle leasing program
June 28, 2022
Credit Union Leasing of America is partnering with UNIFY Financial Credit Union to launch an indirect vehicle leasing program in Southern California, according…
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ATM servicing: Simple solutions to common problems
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
When it comes to ATM servicing, the same issues tend to pop up again and again. For example, ATMs often get jammed, or the power might drop due to the fact the…
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Big banks pass stress test, raise dividends
June 28, 2022
Morgan Stanley, Goldman Sachs, Bank of America and Wells Fargo all have cleared their annual stress tests.
read nowThe Cash Management Crunch Resolved by Auriga
Auriga addresses cash management optimization from two directions. From one hand, WWS Cash Management, Auriga’s multivendor and multichannel solution, helps…
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download nowBMO Harris Bank boosts prime lending rate to 4.75%
June 27, 2022
BMO Harris Bank has announced it will increase its U.S. prime lending rate from 4% to 4.75%, according to a press release.
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Global ATM market to reach $28B in 2026
June 27, 2022
The global ATM market will reach $28.82 billion in 2026, according to a press release from ResearchAndMarkets.com. The industry will grow at a compound annual…
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JPMorgan to cover employee travel expenses to obtain abortions in wake of Roe
June 24, 2022
In wake of the U.S. Supreme Court's decision to overturn Roe v Wade, JPMorgan Chase & Co. has announced it will cover travel expenses for U.S. based…
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NYC robber steals $200K from open ATM
June 24, 2022
A man in New York City allegedly stole $200,000 from an ATM at the Midtown TD Bank when he saw that the money storage compartment had been left open. He first…
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RBC partners with Envestnet to give customers access to more than 1,500 financial apps
June 23, 2022
RBC Royal Bank is partnering with Envestnet Yodleee, a data aggregation and analytics platform, to allow its customers to access more than 1,500 third party…
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Regions Bank intros resources to prevent financial exploitation
June 23, 2022
Regions Bank has introduced a set of resources to help stop financial exploitation, particularly for seniors.
read nowWebster Financial appoints EVP, CIO
June 22, 2022
Webster Financial Corp., the holding company for Webster Bank N.A. and HSA Bank, has appointed Vikram Nafde as EVP and CIO. He was previously SVP and head of…
read nowBCT The Community's Bank hires on VP
June 22, 2022
BCT-The Community's Bank has appointed Ted Argleben to serve as VP and commercial loan officer. He will report to Paul Bice, EVP and Virginia president, and…
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Bank Customer Experience panel examines metrics for banking success
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
Financial institutions often ask whether they can get a good return on investment from branches. However, one key issue is that banks may not be measuring what…
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Report: Banks dropping the ball on Zelle fraud, theft
June 21, 2022
When a robber stole Argelys Oriach's iPhone and made more than $8,000 in transfers using money apps including Zelle, the Brooklyn resident contacted his bank…
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Bank of America study finds 9% increase in credit, debit card spending
June 20, 2022
The Bank of America Institute is reporting that aggregated credit and debit card spending for customers was up 9% in May year-over-year, according to its…
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