Bank / Credit Union News

First Citizens Bank delivers $145M for renewable energy projects

September 13, 2024

First Citizens Bank announced that its Energy Finance business delivered $145 million to finance renewable energy projects with Linea Energy LLC. The financing…

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BMO expands ‘Zero Barriers to Business’ programs for Asian, LGBTQ+, veterans

September 11, 2024

BMO Financial Group expanded its Zero Barriers to Business programs for Asian, LGTQ+ and veteran-owned businesses. These programs offer access to working…

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WesBanco appoints Central Ohio president

September 10, 2024

WesBanco, an affiliate of WesBanco Inc., appointed Cris Gossard as Central Ohio market president and senior commercial banker. In this role, he will head up…

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Metropolitan Commercial Bank celebrates 25th anniversary by ringing opening bell for New York Stock Exchange

September 9, 2024

Metropolitan Commercial Bank recently rang the opening bell for the New York Stock Exchange in celebration of its 25th anniversary. Mark DeFazio, founder…

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IndusInd Bank becomes official bank of Paralympic Committee of India

September 5, 2024

IndusInd Bank partnered with the Paralympic Committee of India to become the official banking partner. Through this partnership, the bank will improve…

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Simmons Bank opens branch in Texarkana, Texas

September 5, 2024

Simmons Bank opened a branch in Texarkana, Texas. With this branch, the bank now operates approximately 120 branches in Texas and Arkansas and 234 branches…

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TikTok trend encourages Chase ATM check fraud

September 4, 2024

A trend on TikTok encouraged viewers to take advantage of a "glitch" to get free money from JPMorgan Chase ATMs. However, the bank is saying this glitch is…

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Equitable Bank intros loans to improve urban housing density

September 4, 2024

Equitable Bank, a challenger bank based in Canada, introduced the Laneway House Mortgage, a construction loan for laneway homes or garden suites. With this…

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Federal Home Loan Bank of Chicago increases funding to housing counseling program

September 4, 2024

The Federal Home Loan Bank of Chicago increased its funding by $1.5 million to the Community First Housing Counseling Resource Program. This program has given…

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Cornerstone Capital Bank appoints CFO

September 3, 2024

Cornerstone Capital Bank, based in Houston, Texas, appointed Paul Woo as chief financial officer. In this role, he will oversee strategic planning, capital…

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Northern Arizona University selects Desert Financial Credit Union as banking partner

August 28, 2024

Northern Arizona University has selected Desert Financial Credit Union as its official banking partner for its Athletics and Alumni Association. Through this…

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EverBank partners with Jacksonville Jaguars quarterback Trevor Lawrence

August 27, 2024

EverBank selected Trevor Lawrence, quarterback for the Jacksonville Jaguars, an AFC football team, as its brand ambassador. The bank has been a long time…

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St. Louis police investigating attempted U.S. Bank ATM theft

August 26, 2024

St. Louis, Missouri police are on the lookout for multiple suspects who attempted to steal from a U.S. Bank ATM, according to a report by KSDK.

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Tri Counties Bank delivers more than $2.2M in grants for low-to-moderate income people

August 26, 2024

Tri Counties Bank recently partnered with the Federal Home Loan Bank of San Francisco to award grants of more than $2.2 million to the Rural Communities…

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ATM fees rise to $4.77, hitting 26-year high

August 23, 2024

ATM fees have risen yet again in 2024, going up to $4.77 compared to $4.73 last year. This is the highest rate since 1998, according to a report by Bankrate.

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Federal Home Loan Bank of Dallas awards $225K grant to build a homeless shelter

August 22, 2024

The Federal Home Loan Bank of Dallas gave a $225,000 grant to Immerse Arkansas through its member Arvest Bank. The organization will use these funds to build a…

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FHLBank Pittsburgh appoints CEO

August 21, 2024

The Federal Home Loan Bank of Pittsburgh appointed David G. Paulson to president and CEO, effective Oct. 1. He takes over for Winthrop Watson who will become…

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The Federal Home Loan Bank opens diverse developer initiative

August 21, 2024

The Federal Home Loan Bank of Chicago opened applications for the 2024 Community First Diverse Developer Initiative. This program provides grants to nonprofit…

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Amerant Bank selects SOCi for digital marketing

August 20, 2024

Amerant Bank, a subsidiary of Amerant Bancorp Inc. based in Florida, selected SOCi Inc. for its digital marketing platform. In particular, SOCi will provide…

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Regions Bank appoints head of corporate banking, commercial banking

August 19, 2024

Regions Bank announced that Ronnie Smith will retire as head of the corporate banking group. Brian Willam, head of commercial banking, will succeed Smith in…

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