WASHINGTON - (01/19/06) In a page taken from the creditunion playbook, bank giants Wachovia and U.S. Bank said Wednesdaythey have signed with the National Restaurant Association toprovide financial services through an affinity program for thenations restaurant workers. The Restaurant Direct programwill provide free checking and Visa check card, free Internetbanking, free ATM transactions, loan discounts (including carloans), investment services, special rates on deposits, and otherbenefits. The National Restaurant Association is comprised of925,000 restaurants and food outlets with about 12.5 millionemployees.
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Oklahoma's Bank7 may acquire New Mexico's Century Bank by the end of the year. The reason: A wealthy Century shareholder is being forced to sell his shares to satisfy a $40 million debt.
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Organizers of Bank of St. George were close to the finish line in 2020 when the COVID-19 pandemic arrived. Now CEO Bruce Jensen says the planned bank should open its doors by the end of the year.
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Two executive orders pulled federal deadlines for quantum-proof encryption forward to 2030, after 2026 research cut the cost of breaking today's codes.
July 6 -
The need to scale quickly is adding new challenges to the build vs. buy debate
July 6 -
The private student loan market figures to benefit from Republican-led changes to the much larger federal program. But other consumer lenders could face a fallout as more Americans are forced to reconsider which debt payments to prioritize.
July 6 -
Even though RIAs reached a record size in four important metrics, experts say equity values are masking weaknesses in their organic growth.
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