COLUMBUS, Ohio - (01/23/06) -- Alliance One, an ATM network managedby Corporate One FCU, announced last week it is waiving its $250annual membership fee this year for its credit union members thatrefer other financial institutions to the network. The network willalso wave the member credit union's participation fee through 2010if the credit union refers three or more financial institutionsthat join Alliance this year. Alliance One is a selective-surchargeATM network for credit unions and other financial institutions. Aselective-surcharge ATM network allows card holders to use ATMs inthe network for free if they have an account with a financialinstitution in the network. Costs to join Alliance One usuallyinclude a one-time $300 implementation fee and the $250 annual fee.The incentive program was introduced to grow membership,particularly in the South. About 800 of the network's approximately1,000 member financial institutions are in the Great Lakes region..Alliance One has more than 3,600 ATMs in 37 states, Puerto Rico andthe District of Columbia.
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BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
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A report from J.D. Power indicates that the neobank Chime gained the highest percentage of newly opened checking accounts in the third quarter of 2025.
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The court upheld the Federal Reserve Board's right to block Custodia from direct access to its payment systems. The bank is considering asking for a rehearing.
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The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
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New York State's former top regulator Adrienne A. Harris has rejoined Sullivan & Cromwell as of counsel and senior policy advisor; Founders Bank appointed Karen Grau to its board of directors; Deutsche Bank's DWS Group is opening an office in Abu Dhabi; and more in this week's banking news roundup.
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Earned wage access provider EarnIn, which historically has been known for direct-to-consumer EWA, is now integrating its services with payroll providers. The move comes as consumer advocate groups step up efforts for stricter regulation of the industry.
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