BURBANK, Calif. - (10/04/04) -- Lockheed FCU said it has addedalmost 1,000 new users of its electronic bill payment service insix weeks by offering new users entry in a $1,000 cash give-away.The promotion entered new and existing users in a random drawingwhich awarded the winner with one bill payment of up to $1,000. Asmany as three winners were chosen each week. Costs for thepromotion were just $4,100 because most of the bills selected bythe random drawing were under $1,000. The credit union uses PSCUFinancial Services' PayLynx for its e-bill paymentservice.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
11h ago -
The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
11h ago -
Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
October 24 -
Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
October 24 -
A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
October 24





