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Bank / Credit Union News

Michigan credit union executes digital push for members

August 28, 2020

Wildfire Credit Union, based in Saginaw, Michigan, announced its move into a 'digital-first' approach for members with the selection of Backbase, an…

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Citi claims defective software caused $9 million error

August 27, 2020

Citigroup is working hard to recover funds recently sent in error to creditors of cosmetics company Revlon. Citi already has multiple lawsuits to require…

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CBA launches high-speed lending option for SMEs

August 27, 2020

The Commonwealth Bank of Australia has launched BizExpress Online, a high-speed lending system for small businesses, available through Netbank and the CommBank…

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Credit Suisse closing 37 branches in streamlineing effort

August 26, 2020

Swiss bank Credit Suisse plans to close 37 branches and cut jobs in its home country of Switzerland as part of an effort to streamline its business.

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Egypt’s Banque Misr to deploy ATMs at subway stations

August 26, 2020

Egypt's Banque Misr has signed an agreement with the Egyptian Metro Management and Operation company to deploy its ATM machines at all subway stations.

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Pandemic to test Bank of Canada’s inflation expectations

August 26, 2020

The economic fallout from the COVID-19 pandemic will determine Canadians' faith in the Bank of Canada's ability to keep to a 2% inflation target, according to…

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JPMorgan, postal service discussions ingnite ICBA to demand transparency

August 25, 2020

The Independent Community Bankers of America is asking for an investigation regarding reports the U.S. Postal Service is mulling an exclusive agreement with…

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Town Square creating brand identity for Armaguard ATM network

August 25, 2020

Town Square, a full-service advertising agency in Melbourne, Australia, is creating a brand identity for the introduction of the Armaguard Group's ATM network.

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SBI introduces doorstep ATM service

August 25, 2020

The State Bank of India is debuting a mobile facility it's calling "the doorstep ATM" to service customers at home, especially the elderly and those with…

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Charlotte bank retires brand, gets new name

August 24, 2020

The NewDominion Bank brand, once a popular community bank in Charlotte, North Carolina, has changed its name, and related signage, to Park National brand, the…

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First Midwest Bancorp declares dividends

August 24, 2020

First Midwest Bancorp, Inc.'s board of directors has declared a quarterly cash dividend of $0.14 per share on the bank's common stock payable on October 6…

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TD Bank to pay $122M in CFPB settlement

August 21, 2020

TD Bank is being ordered to pay $97 million in restitution to approximately 1.42 million consumers, as well as a $25 million civil penalty to the Consumer…

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Crane Credit Union buying Our Community Bank

August 20, 2020

Crane's Credit Union in Odon, Indiana, plans to buy Our Community Bank in Spencer, Indiana, for approximately $13 million in cash. The bank has 21 employees…

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Cardtronics to manage Triodos Bank’s ATM network

August 20, 2020

ATM owner/operator Cardtronics will begin managing of Spain's Triodos Bank's ATM network beginning this month, as part of an outsourcing agreement between the…

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Provident merges with SB One Bank, appoints leadership team

August 20, 2020

New Jersey-based Provident Bank is appointing key leadership roles following its merger with SB One Bank.

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California Bank of Commerce adds SVPs to growing team

August 19, 2020

The California Bank of Commerce is adding two financial banking veterans, Ryan Mauser and Dana Swanson, to its expanding team.

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Dolphin Debit to manage Moody Bank’s non-branch ATM fleet

August 19, 2020

Moody Bank is tapping Dolphin Debit to replace and manage operations for non-branch ATMs that were too old to upgrade to Windows 10.

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JCB, Mcredit launch joint credit card in Vietnam

August 18, 2020

The MB Shinsei Finance Limited Liability Company, a consumer finance company in Vietnam, and JCB International Co, Ltd., a payment brand and credit card…

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KeyBank, Cardtronics partnership offers customers no-fee ATMs through Allpoint

August 18, 2020

KeyBank is partnering with Cardtronics and its Allpoint network to give KeyBank customers access to no-fee ATMs when using KeyBank debit cards at any Allpoint…

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TD launches online accounting service for small business customers

August 18, 2020

TD Bank is launching an online accounting and integrated payment service for small business customers.

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