TAMPA, Fla. - (02/04/04) -- The Armed Forces Financial Networksaid Tuesday it has signed a contract extension with Fiserv'sEFT/CTN unit to provide network switching through June 2008. AFFN,an ATM and point-of-sale network half-owned by defense creditunions, processes more than 150 million transactions a year. Underthe contract, Fiserv EFT/CTN will provide comprehensive ATM and POSgateway services for AFFN.
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The Cincinnati bank aims to grow in northeast Ohio with the acquisition of Westfield. The deal is expected to boost First Financial to a $20.6 billion institution.
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House Financial Services Committee Chair French Hill, R-Ark., declined to say whether he would pass the Senate's GENIUS Act without making his own changes, as President Trump has preferred.
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Nissan Motor Acceptance Corp. has applied for an industrial loan company charter, joining General Motors and Ford in hoping for better prospects for approval under the Trump administration.
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Barely two years after adopting a bank charter, NewtekOne in Florida plans to expand beyond its roots as an SBA 7(a) lender by growing its alternative loan program.
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The Federal Reserve is the latest bank regulator to purge reputational considerations from its supervisory materials.
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Although credit bureaus have collected this data for three years, it's only now being factored into assessments of consumer creditworthiness.
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