Bank / Credit Union News

Bandits target Indiana ATM with chain attack

November 3, 2022

Bandits tore an ATM off its base at a Centier Bank drive-thru lane in Crown Point, Indiana. Police say the suspects used a chain and truck attack, according to…

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Federal Home Loan Bank of Chicago partners with housing counseling agencies

November 2, 2022

The Federal Home Loan Bank of Chicago has partnered with a number of local housing counseling agencies to offer services to minority and low-to-moderate income…

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Republic Bank promotes EVP, chief lending officer

November 2, 2022

Republic First Bancorp Inc., the parent company of Republic Bank, has appointed Steve McWilliams to EVP, chief lending officer. He previously served as market…

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Wells Fargo partners with Operation Hope to open redesigned branch

November 1, 2022

Operation Hope Inc., a nonprofit financial empowerment organization, has partnered with Wells Fargo to open its 200th HOPE Inside location at a redesigned…

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Banks holding Elon Musk's debt for Twitter deal

November 1, 2022

A few banks, including Morgan Stanley, Bank of America and Barclays, are providing Elon Musk, CEO of Tesla Motors, $13 billion in financing in order to acquire…

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Woodforest National Bank adds 2 Walmart branches in Florida

October 31, 2022

Woodforest National Bank, based in Montgomery County, Texas, has opened two branches in Kissimmee and Brandon, Florida inside of Walmarts. The locations offer…

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ATM robber leaves jail inmate ID at scene of crime

October 31, 2022

A man who stole $800 from a Chase ATM in Jersey City, New Jersey, also left behind his Hudson County inmate ID card along with a personal property receipt.

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Tri Counties Bank partners with United Way for wildfire fund

October 28, 2022

Tri Counties Bank, a subsidiary of TriCo Bancshares based in Chico, California, has partnered with United Way of Northern California to launch the NorCal…

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Women expand footprint in exec roles at banks

October 28, 2022

The number of women in executive roles in the U.S. top 50 banks rose from 26.26% in 2021 to 28.27% in 2022, according to a Women at the Top Study. However, the…

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Unbanked population falls to record low in US

October 26, 2022

The number of unbanked Americans has fallen to 4.5%, representing 5.9 million households. This is the lowest level since the FDIC began tracking this data in…

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Bank of America virtual assistant Erica sees 1B interactions

October 25, 2022

Bank of America is reporting that Erica, it's virtual financial assistant, has seen 1 billion interactions with clients. First launched in 2018, the AI…

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Chase closes Kanye West's accounts sparking controversy

October 25, 2022

JP Morgan Chase recently sent a letter to rapper Kanye West, also known as Ye, informing him it was ending its relationship with him and he would need to take…

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Citizens intros deposit accounts for carbon offsetting

October 24, 2022

Citizens has launched a Carbon Offset Deposit Account to help corporate clients reduce carbon footprints. Clients can use the accounts to acquire carbon…

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FIS appoints president, CEO

October 20, 2022

FIS, a technology solutions company for financial institutions, has appointed Stephanie L. Ferris to serve as president and CEO starting Jan. 1. She will take…

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Bank of America expands CashPro to support 350+ payment types

October 18, 2022

Bank of America has expanded its CashPro Payment API to allow customers to access more than 350 payment types in 38 global markets, according to a press…

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Mastercard to offer cryptocurrency trading for banks

October 18, 2022

Mastercard has announced a program to help banks add cryptocurrency trading to their offerings. It will bridge Paxos, a cryptocurrency trading platform, with…

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Chase intros Ink credit card

October 17, 2022

JPMorgan Chase has introduced a Chase Ink Business Premier credit card, on digital and retail channels, for all eligible business customers. This card offers…

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Wisconsin brings back TYME machine ATMs

October 14, 2022

Landmark Credit Union, based in Wisconsin, is officially bringing back the TYME machine as a brand for its line of ATMs.

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Bank of America to deposit $100M for minority-owned businesses

October 13, 2022

Bank of America will add $100 million in low-cost deposits to minority depository institutions, which will in turn provide banking services in minority and…

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Arizona Financial Credit Union inks acquisition of Horizon Community Bank

October 13, 2022

Arizona Financial Credit Union has officially acquired Horizon Community Bank, headquartered in Lake Havasu City, Arizona. With this acquisition, the union…

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