NCR Corp.'s data service division signed a number of contracts to provide processing services. Among them: the $100 million-asset Elgin (Ill.) State Bank; the $300 million-asset Atlantic Federal Bank in Baltimore; the $110 million-asset Bank of Coral Gables in Florida; the $300 million-asset First Federal Savings Bank in Anderson, S.C.; the $75 million-asset First National Bank in Spencer, W. Va.; the $48 million-asset First Southern Bank in Boca Raton, Fla.; the $35 million-asset Wonder Lake (Ill.) State Bank; the $20 million-asset Imperial Savings and Loan in Martinsville, Va.; and the $52 million-asset Pioneer Savings and Loan in Newport Beach, Calif. The contracts ranged in value from $480,000 to $78,000.
-
At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.
2h ago -
New details have emerged about the negotiations that culminated in Capital One's blockbuster $35 billion agreement to acquire Discover. At one point last December, the two parties broke off discussions, according to a securities filing.
2h ago -
According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
3h ago -
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
3h ago -
Truist Financial's top executive leadership team announces departures; First Horizon's chief credit officer is retiring; Ferry teams with Highnote to roll out a new Visa-branded payroll card; and more in the weekly banking news roundup.
4h ago -
The Dallas-based regional bank tapped a client for its co-pilot capabilities, where employees can message a bot instead of a human to get tech assistance.
4h ago