Bank / Credit Union News

Slide Insurance raises $35M to build credit facility with Regions Bank

July 11, 2023

Slide Insurance, an insurtech company, has raised $35 million to build a senior credit facility with Regions Bank in Tampa, Florida, according to a press…

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Michigan police on lookout for ATM card skimmer suspect

July 10, 2023

Police in Dearborn, Michigan are asking the community for help to identify a suspect who allegedly has installed skimming devices on ATMs to steal personal and…

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Cash logistics market to grow by $20B with ATMs leading the way

July 7, 2023

The cash logistics market will grow by $20.26 billion from 2022 to 2027 at a compound annual growth rate of 10.16%, according to research from…

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Bank of Baroda appoints CEO

July 7, 2023

Bank of Baroda, an Indian bank, has appointed Shri Debadatta Chand as CEO and managing director. He previously served as executive director at the Bank of…

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Explosion destroys ATM at Arizona Wells Fargo branch

July 7, 2023

Police are investigating an "apparent explosion" that destroyed an ATM in Oro Valley, Arizona, according to a report by 13 News.

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Citizens partners with The Andy Warhol Museum to support arts

July 6, 2023

Citizens has partnered with the Andy Warhol Museum to support Pittsburgh's arts and culture scene. The bank has donated $350,000 to help grow The Warhol…

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Bank of England considers plan to force foreign banks to set up subsidiaries

July 5, 2023

The central Bank of England is considering a plan that would require international banks to set up subsidiaries instead of branches in the U.K. With this…

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Police find skimmer in PNC ATM in Plainfield, Illinois

July 5, 2023

Police in Plainfield, Illinois recently removed a skimming device found at an ATM at a PNC Bank branch. A third party maintenance contractor notified…

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Frost Bank to double branches in Austin

July 5, 2023

Frost Bank, a subsidiary of Cullen/Frost Bankers Inc., will double its number of financial centers in Austin by 2026. The bank currently has 17 branches and…

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Chase expands grant program to Hispanic, Black communities

July 3, 2023

JPMorgan Chase Home Lending has expanded its $5,000 Homebuyer Grant Program for additional Hispanic and Black Communities in 16 markets. This grant is designed…

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Bank of America appoints president of New Orleans, Baton Rouge

July 3, 2023

Bank of America appointed Jonathan Matessino to serve as president for New Orleans and Baton Rouge. He will handle the bank's resources through its eight lines…

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TIAA Bank rebrands to EverBank, Jacksonville Jaguars stadium to be renamed

June 30, 2023

TIAA Bank is rebranding to EverBank. As part of the strategy, the stadium of the NFL team the Jacksonville Jaguars will be renamed from TIAA Bank Field to…

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Newzip partners with Apple Federal Credit Union to deliver improved mortgage experience

June 30, 2023

Newzip, a real estate solutions provider, has partnered with Apple Federal Credit Union, based in Virginia, to deliver its agent matching and cash reward…

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Banks pass Fed stress test

June 30, 2023

The Federal Reserve ran a stress test on 23 U.S. banks and all passed. The test assesses if banks would have enough capital to absorb losses and continue…

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Westpac to adjust ATM withdrawal limits

June 29, 2023

Westpac, a bank based in Australia, announced it will allow customers to set a cash withdrawal limit on their cards above or below $1,000 with a maximum of…

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Xerof intros $100M bitcoin active managed certificate

June 29, 2023

Xerof, a Swiss cryptoasset financial services company, has introduced bitcoin-backed active managed certificates. With these certificates, users can invest…

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Bank of America to expand branch footprint in 9 markets

June 28, 2023

Bank of America will expand its branch network into nine markets over the next four years. In addition, the bank plans to open 58 branches across 34 markets…

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Alliance Catholic Credit Union deploys 5 ITMs

June 28, 2023

Alliance Catholic Credit Union, based in Michigan, has deployed five interactive teller machines from Dolphin Debit, according to a press release.

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Majority of countries see ATM recovery post-COVID

June 27, 2023

The ATM market has grown in more than half of 180 countries analyzed in RBR's Global ATM Intelligence Service report. The number of ATMs has reached or…

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Deutsche Bank reports Russian stocks are missing

June 27, 2023

Deutsche Bank has announced it cannot guarantee access to Russian stocks. In particular, it said it discovered a shortfall in shares of back depositary…

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