Bank / Credit Union News
1st Capital Bancorp appoints director to board
August 16, 2022
1st Capital Bancorp, the parent company of 1st Capital Bank, has appointed Anne C. Leach as a director. Leach is a partner in the law firm Ottone Leach &…
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Wells Fargo to reduce mortgages
August 16, 2022
Wells Fargo, once the top bank for mortgages, plans to roll back its efforts in the space. It will likely begin this strategy by cutting ties to outside…
read now1st Source Bank integrates IT services
August 15, 2022
1St Source Bank, a South Bend, Indiana-based bank, has selected Aunalytics Secure Managed IT Services to provide infrastructure for cloud banking. Aunalytics…
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Bank of America sees positive signs in spending data
August 12, 2022
The Bank of America Institute has found that despite recession fears, consumer spending remains healthy. Its report found total payments increased 7% year over…
read nowKeyBank partners with Quavo to automate credit card dispute
August 12, 2022
KeyBank has partnered with fintech Quavo Fraud & Disputes to deploy the QFD automated dispute management platform to automate credit card charge disputes.
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FNB opens branch in Baltimore
August 11, 2022
F.N.B. Corp. will open a First National Bank retail banking location in Baltimore, Maryland by the end of the year. The location will feature an eStore kiosk…
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Taco Bell franchisee to launch bank for QSRs
August 11, 2022
Farzin Ferdowsi, CEO of Management Resources Company, which manages more than 2,000 employees in multiple businesses including 90 Taco Bell restaurants in…
read now1st Security Bank partners with LoanStar to offer loan application portal
August 10, 2022
1st Security Bank has partnered with LoanStar Technologies, a fintech, to offer a loan application portal for home improvement contractors. The portal will…
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Report: Gen Z, millennial customers switch banks due to location, fees
August 10, 2022
Gen Z and millennial customers often switch banks due to both location issues and fees, according to a study from Brooks Bells. In fact, one-fourth of…
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Putin gives Russian banks go ahead to suspend foreign currency operations amid sanctions
August 9, 2022
President Vladimir Putin of Russia recently gave Russian banks approval to suspend operations in foreign currencies, due to sanctions. Since the Russian…
read nowCitizens Financial Group acquires Paladin Advisors
August 5, 2022
Citizens Financial Group Inc. has entered an agreement to acquire Paladin Advisors, an investment advisor based in Kensington, New Hampshire. With this…
read nowFifth Third Bank brings on Chicago region president following retirement
August 4, 2022
Fifth Third Bank will bring on Mark Heckler to serve as president of the Chicago region. He succeeds Mark Hoppe, who will retired at the end of the year…
read nowLiberty Bank selects SavvyMoney for digital transformation
August 4, 2022
Liberty Bank, a financial institution based in Middletown, Connecticut, has selected SavvyMoney, a credit score and report access provider, to provide digital…
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PNC Bank forms Community Advisory Council
August 3, 2022
PNC Bank has formed a Community Advisory Council, which will offer guidance for the bank's community lending, investment and service efforts. In particular…
read nowCitizens Bank is official bank of New York Giants, New Jersey Devils
August 2, 2022
Citizens Bank is the official bank of the NFL team New York Giants and NHL team New Jersey Devils. In addition, Citizens will serve as the official bank for…
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US Bank faces $37M fine for opening fake accounts
August 2, 2022
The Consumer Financial Protection Bureau has charged U.S. Bank with a $37.5 million fine for illegally accessing credit reports and opening accounts without…
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Regions earns perfect store on Disability Equality Index
August 1, 2022
Regions Bank has received a 100 score on the 2022 Disability Equality Index, a nonprofit resource for disability inclusiveness. The nonprofit also named…
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Arkansas firefighters save trapped kitten from ATM
July 29, 2022
Firefighters in Fort Smith, Arkansas saved a kitten from a Regions Bank ATM on July 28. The Fort Smith Animal Haven gave the cat the name Cash in honor of its…
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Applied UV earns patents for ATM surface sterilizing solution
July 29, 2022
Applied UV Inc. has won a patent for a solution to neutralize pathogens on ATM surfaces. The patent is specifically for its wholly owned subsidiary SteriLumen…
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NCR to run Bank of New Zealand's ATM network
July 29, 2022
The Bank of New Zealand has partnered with NCR Corp. to run its ATM fleet. NCR will provide its ATM-as-a-service solution to the bank, according to a press…
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