Bank / Credit Union News & Media

Man pleads guilty to Wyoming ATM jackpotting scheme

January 2, 2025

32 year old Victor Gustavo Da Rocha Reyes has pled guilty to conspiracy to commit theft as part of an ATM jackpotting scheme in Gillette, Wyoming. Authorities…

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Stearns Bank to eliminate ATM fees

January 2, 2025

Stearns Bank announced it will eliminate ATM fees for its customers across the U.S. No minimum balance or account type is required for this service, according…

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OneSpan appoints CTO

December 31, 2024

OneSpan, a digital banking transactions company, appointed Ashish Jain as CTO. In this role, Jain will lead the company's global engineering, according to a…

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Varo Bank to enable cash deposits/withdrawals at CVS

December 30, 2024

Varo Bank, a digital bank, partnered with Green Dot Corp. and CVS Health to offer fee-free deposits at more than 7,500 CVS locations in the U.S, along with…

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California law to block fees for declined ATM withdrawals

December 27, 2024

A California law: Assembly Bill 2017 will block insufficient funds fees at ATMs, when customers try to make a withdraw that is more than they have in their…

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Needham Bank appoints VP of cash management relationship manager

December 26, 2024

Needham Bank, based in Massachusetts, appointed Bruce Wichland as VP of cash management relationship manager. He will report to Thomas Bickford, VP of cash…

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Bank of Nova Scotia gains approval for Keybank strategic minority investment

December 26, 2024

The Bank of Nova Scotia (Scotiabank) has received regulatory approval to make a strategic minority investment in Keybank. The Board of Governor of the Federal…

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EECU surpasses $4B in assets

December 23, 2024

EECU, a Texan credit union, announced it has more than $4 billion in total assets. It has doubled its assets since 2017, according to a press release.

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BCT appoints EVP, chief retail banking officer

December 20, 2024

BCT-Bank of Charles Town, appointed Ronald B. Burley as EVP and chief retail banking officer. In this role, he will oversee retail banking sales and…

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Sovereign Bank selects Cypfer for security solutions

December 19, 2024

Sovereign Bank announced it has partnered with Cypfer, a cybersecurity company, to improve its security on its digital platforms. The company will help improve…

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Morgan Stanley selects Wise for foreign exchange settlements

December 19, 2024

Morgan Stanley selected Wise to power its foreign exchange international settlements for corporate customers. Wise will provide its global payments…

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Los Angeles Police Federal Credit Union expands into Southern California

December 18, 2024

The Los Angeles Police Federal Credit Union announced it will expand into all counties in Southern California. It has also added additional law enforcement…

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Texas police on lookout for ATM cash thieves

December 16, 2024

Police in Texarkana, Texas are on the lookout for three men who allegedly stole money from an ATM at Texar Credit Union, according to a report by KSLA 12.

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Regions appoints board member

December 16, 2024

Regions Financial Corp. has appointed Roger W. Jenkins, director and CEO of Murphy Oil Corp, to serve on its board and its subsidiary Regions Bank. He will…

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Unique ATM tree in Greenfield, Massachusetts targeted by robbers

December 13, 2024

Thieves stole more than $100,000 from the ATM Tree, operated by Greenfield Savings Bank in Greenfield, Massachusetts. This 25-foot-tall ATM was built by artist…

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Euronet to acquire ATM assets from Swedbank

December 13, 2024

Euronet, a fintech solutions and payments provider, will acquire Swedbank's ATM assets and outsourcing services for Lithuania, Estonia and Latvia. As part of…

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Should financial institutions consolidate to 1 vendor?

by Bradley Cooper — Editor, Connect Media

In today's podcast, experts from Oregon Community Credit Union and Cook Solutions Group discussed vendor management and made the case for switching to one…

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Mbanq intros AI digital lending solution

December 12, 2024

Mbanq introduced Mbanq Comet, an AI digital loan origination platform. With this tool, financial institutions can make fast and accurate loan decisions…

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BCT-Bank of Charles Town appoints CFO

December 12, 2024

Potomac Bankshares Inc. the parent company of Bank of Charles Town, appointed Shane Bell as EVP and CFO. He takes over for Dean Cognetti who is retiring…

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Chase Travel intros 10M points giveaway

December 11, 2024

Chase Travel, JPMorgan's travel brand, is offering eligible cardholders a 10 million point giveaway. Cardholders will have a chance to win one of 10 prizes of…

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