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Bank / Credit Union News

SBI revises ATM withdrawal rules

August 17, 2020

Eight is the lucky number in India now that the State Bank of India has revised its ATM withdrawal rules.

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Thousands of ATMs in Australia removed, branches closed due to coronavirus

August 17, 2020

Since June, 2,150 ATM terminals have been removed across Australia in an effort to protect the public from the coronavirus, bringing the total amount of ATMs…

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ANZ confirms ATM sale to Armaguard Group

August 14, 2020

Australia-based ANZ is selling 1,300 offsite ATMs to Armaguard Group.

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Bank branches in India fail security audit

August 13, 2020

A security audit of 126 bank branches and ATMs in India's Kaithal district reveals several branches failed to comply with police security guidelines.

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In Germany, cash still rules

August 12, 2020

Although Germany has taken many health and safety precautions in light of the coronavirus, when it comes to payments, Germans still prefer cash rather than…

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South State Bank to close 5 SC branches

August 12, 2020

South State Bank plans to close five South Carolina branches and 14 additional branches across its network in an effort to cut expenses after a $2.3 billion…

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NY’s Five Star Bank consolidating branches

August 12, 2020

Five Star Bank is consolidating six branches in upstate, New York, due to a decline in customers using in-person services.

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Survey: 60% of Americans using touchless payments to avoid cash

August 12, 2020

More than half, 54%, of Americans are worried about touching currency and coins due to the ongoing COVID-19 pandemic, and 60% plan to use touchless payments…

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Citizen's Bank offers customers 'curbside banking'

August 11, 2020

Citizens Bank in Florence, S.C. is offering customers a new way to get banking documents signed without getting out of the car: call-ahead curbside bank…

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BOA's ATMs out of cash in Orange County

August 11, 2020

A surge in unemployed individuals using Bank of America's ATMs to withdraw unemployment payments have left several of those ATMs out of cash.

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Payment Alliance International acquires Cash-N-Go ATMs

August 11, 2020

Payment Alliance International, Inc., a provider of ATM portfolio management tools and services, has acquired Cash-N-Go ATM Network Inc., a subsidiary of…

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CF completes integration with Chemical

August 10, 2020

Chemical Bank may have completed its $3.6 billion merger with Detroit-based TCF Financial Corp. last year, but it just had the last of its 200 remaining…

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Capital Bank upgrades digital banking platform

August 10, 2020

Capital Bank, N.A., based in Rockville, Maryland, has upgraded its digital banking platform to offer more options for customers. In particular, the platform…

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PA's First Commonwealth Bank closing 29 locations

August 7, 2020

The First Commonwealth Bank in Leechburg, Pennsylvania, will close its doors December 11, along with 28 other branches in the state, including Tarentum…

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Hyosung taps BranchServ as preferred partner

August 6, 2020

Hyosung America has created a distribution model to serve regional and community financial institutions. It consists of three channels to market, including a…

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Banks tightening lending standards

August 4, 2020

Despite the Federal Reserve's encouragement to lend to those hardest hit by the coronavirus pandemic, a Federal Reserve survey indicates banks are getting…

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SunTrust Robinson Humphrey, BB&T Capital Markets become Truist Securities.

August 4, 2020

Truist Securities has transitioned SunTrust Robinson Humphrey and BB&T Capital Markets over to its corporate name, creating a combined corporate and…

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India's West Bengal ATMs running out of cash

August 3, 2020

ATMs in West Bengal, India, are running out of money. The private companies, outsourced by banks, to maintain and fill the ATMs are operating with skeleton…

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Bank visibility is key in determining branch closings

August 3, 2020

As the aftereffects of the pandemic across the country come to light, bank customers may find branches that were temporarily closed may not reopen depending on…

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Maui to sue Bank of America over broken promise to native Hawaiians

July 31, 2020

Maui County plans to sue Bank of America for allegedly failing to make good on a 1994 promise to make $150 million in home loans to native Hawaiians.

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