Bank / Credit Union News

Chase to offer vehicle charging stations at select branches

April 18, 2022

Chase plans to offer vehicle charging stations across 50 of its U.S. branches this summer, with the plan to deploy to 400 additional branches by the end of…

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Fifth Third appoints CEO

April 18, 2022

Fifth Third Bancorp recently announced that Tim Spence will serve as CEO effective July 5. He will take over for Greg Carmichael, who will serve as executive…

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PNC intros minority business development group

April 14, 2022

PNC Bank has introduced its minority business development group to develop products, solutions and resources for the minority-owned businesses. Marshalynn…

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Fifth Third to eliminate non-sufficient fund fees

April 14, 2022

Fifth Third Bank recently announced that as of June 23rd, it will eliminate all non-sufficient fund fees for all accounts, according to a press release.

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Chase extends partnership with Amazon for rewards credit card

April 13, 2022

Chase recently signed a multi-year extension with Amazon for the co-branded Amazon Prime Rewards Visa Signature credit card. The card offers 5% back on all…

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Discover intros Cashback Debit account with early paycheck access

April 12, 2022

Discover recently introduced its Cashback Debit account with features such as early access to paychecks two days in advance and rewards with up to 1% cash back…

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Big banks expect lower revenue, fewer mergers due to Ukraine war

April 12, 2022

Big banks will likely post smaller quarterly results due to the current conflict in Ukraine. In addition, inflation and market volatility is also reducing the…

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Citizens intros program to offer employee early access to wages

April 11, 2022

Citizens recently introduced a solution to give employees on-demand access to earned pay, in addition to financial health tools. The solution funds the wages…

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Regions Bank to give grants to New Orleans tornado victims

April 7, 2022

The Regions Foundation, a nonprofit initiative by Regions Bank, announced it would give $50,000 in grants to organizations helping in recovery efforts in New…

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Citizens to roll out zero-overdraft fee checking accounts

April 7, 2022

Citizens recently launched its overdraft-free checking account to aid underbanked and financially underserved communities. This EverValue Checking account will…

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Bank of America expands partnership with Alaska Air Group

April 5, 2022

Bank of America has expanded its co-branded credit card agreement with Alaska Air Group Inc. through 2030. Customers can earn loyalty rewards including a free…

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Russia turns to China for bank card microchips

April 5, 2022

In the wake of economic sanctions due to the invasion of Ukraine, Russia is turning to Chinese microchip factories for bank cards. Russia aims to…

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Truist appoints retail community banking lead

March 30, 2022

Truist Financial Corp. has appointed Donta L. Wilson to serve as the lead of retail community banking and marketing. Wilson will oversee Truist's more than…

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MainStreet Bancshares CEO to retire

March 30, 2022

Charles Brockett will step down as CEO of Mainstreet Bancshares Inc. effective March 31. He will remain a member of the board of directors, according to a…

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Citi partners with Stenn to offer deep-tier supplier financing

March 29, 2022

Citi is partnering with Stenn, a platform for small-to-medium enterprise funding, to offer deep-tier supplier financing. Stenn's platform will provide…

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BMO intros Mastercard with more benefits

March 29, 2022

BMO Harris Bank has launched its BMO Harris Bank Cash Back Mastercard, which offers 5% cash back on streaming, cable TV and satellite and 3% cash back on…

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US threatens crypto exchanges, financial institutions aiding Russia

March 29, 2022

The U.S. will personally hold accountable any cryptocurrency exchange, financial institution or individual who helps Russia get around sanctions, according to…

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Dolphin Debit to convert/replace 450 ATMs

March 28, 2022

Dolphin Debit, an ATM management company, has announced a plan to replace or convert 450 ATMs at Murphy USA retailers across the U.S. This is part of a…

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Trustmark to waive non-sufficient funds fees

March 25, 2022

Trustmark National Bank, a subsidiary of Trustmark Corp., has announced it will eliminate all non-sufficient funds fees for consumer checking accounts by the…

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Langley Federal Credit Union deploys Lumin Digital's cloud banking platform

March 24, 2022

Langley Federal Credit Union, based in Newport News, Virginia, has integrated Lumin Digital's cloud-native platform for online and mobile digital banking. With…

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