Bank / Credit Union News

Kinecta Federal Credit Union selects AlignXcel, UiPath for AI automation

June 13, 2024

Kinecta Federal Credit Union, based in California, selected AlignXcel and UIPath from Digital Align Inc. and UIPath to automate its business practices…

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OneUnited Bank celebrates Juneteenth with OneLove campaign

June 12, 2024

OneUnited Bank, a Black-owned financial institution, is celebrating Juneteenth with the OneLove Card TV campaign. The advertisement itself discusses the…

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JP Morgan expands iPhone tap to pay to Canadian customers

June 11, 2024

Chase Payment Solutions, a subsidiary of J.P. Morgan Payments, expanded its Tap to Pay on iPhone feature for Canadian merchants. Sephora was the first client…

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FHLBank Chicago expands small business grants to $19.5M

June 11, 2024

The Federal Home Loan Bank of Chicago expanded its grants to small businesses through a variety of means, including boosting funding to $19.5 million for…

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Woodforest National Bank opens Walmart branch

June 10, 2024

Woodforest National Bank opened a branch in a Walmart in Livingston, Texas. The 640-square foot branch offers a lobby and an ATM with staff to support…

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Mbanq joins Banking-as-a-Service Association

June 7, 2024

Mbanq, a fintech company, joined the Banking-as-a-Service Association, a group that promotes and advocates for sponsor banks in the U.S. In its membership…

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6 banks on downgrade review by Moody's

June 7, 2024

Moody's, a ratings agency has placed six regional banks on review on downgrade due to their high concentration of commercial real estate loans. The banks…

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Atlantic Union Bank completes integration of American National Bank and Trust

June 6, 2024

Atlantic Union Bank, based in Virginia, has integrated American National Bank and Trust Company's branches and operations. This completes its merger, which was…

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PNC Bank announces $120K scholarship program

June 6, 2024

PNC Bank announced it will give $120,000 in scholarships in $10,000 amounts to 12 students attending or planning to attend college. This is an increase from…

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Former First Republic Bank customers report issues with JPMorgan takeover

June 5, 2024

Some First Republic Bank customers are reporting issues accessing their cash after JPMorgan Chase took over the bank. In particular, many customers have a…

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BankUnited appoints SVP of consumer, small business banking

June 5, 2024

BankUnited Inc. hired Ernie Diaz as SVP of consumer and small business. In this role, he will lead the bank's consumer, small business and commercial banking…

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Fifth Third Bank named as one of the best places to work for LGBTQ+

June 5, 2024

Newsweek recognized Fifth Third Bank as one of America's Greatest Workplaces for LGTBQ+. Plant-A Insights Group worked with Newsweek to perform the study…

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Boston ATM destroyed by U-Haul truck

June 4, 2024

Suspects used a U-Haul to slam into a U-Haul at a Rockland Trust bank branch in Boston. Although they were unable to steal cash, the ATM itself was destroyed…

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TD Bank earns accolades for diversity intiatives

June 4, 2024

TD Bank earned the ninth spot on Forbes list of America's Best Employers for Diversity 2024 and no. 20 on Fair360's list of 2024 Top 50 Companies, which honors…

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BankSocial announces credit union payments solution

June 3, 2024

BankSocial, an open banking platform, introduced a payments solution for credit unions, which connects to the RTP network from The Clearing House, according to…

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2024 ATM & Self Service Software Trends survey deadline extended to June 14

June 3, 2024

The deadline for the survey for the 2024 ATM & Self-Service Software Trends Report has been extended to June 14. This is the 17th edition of the report…

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UBS completes merger with Credit Suisse

May 31, 2024

UBS Group AG announced the completion of the merger of UBS AG and Credit Suisse AG. Through this merger, Credit Suisse AG was deregistered in the Commercial…

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Bethpage Federal Credit Union selects Scienaptic for credit underwriting

May 31, 2024

Bethpage Federal Credit Union, based in New York, selected Scienaptic for its credit decisioning platform. With this tool, the union aims to deliver…

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Keybank earns 17th spot on Top 50 Companies for Diversity list

May 30, 2024

Keybank ranked 17th place on the Top 50 Companies for Diversity list run by Fair360. This list uses company-submitted data from six area of workplace fairness…

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John Marshall Bank hires on SVP

May 30, 2024

John Marshall Bank, a subsidiary of John Marshall Bancorp Inc., hired Ross A. Berman as SVP, commercial team lead in the Rockville, Maryland market. Prior to…

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