BASKING RIDGE, N.J. - (08/05/05) -- Affinity FCU is now offering membersan online deposit service that allows members to deposit checksonline up to $1,500 into their checking account, with funds madeavailable by the end of the next business day. The service, calleddeposit@home, is available to all credit union members free.Members must sign up for Internet account access to use thedeposit@home service and certain conditions apply. One majorstipulation of the service is that members must deliver the checksthat were deposited online to Affinity FCU within ten calendar daysof the date of the online deposit via regular mail or in person atany of the credit union's branches. The technology is powered byeCU Technologies. Since launch, more than 2,400 of Affinity'smembers have signed up, and it is averaging about 80 transactionsper day using this service.
-
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.
April 19 -
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.
April 19 -
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.
April 19 -
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
April 19 -
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.
April 19 -
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.
April 19