ERWIN, Tenn. – Clinchfield FCU has signed with Fiserv to implement the company’s Portico core processing platform.
The $64 million credit union also signed for Fiserv’s Loancierge for loan origination, Virtual Branch and Wisdom to increase product and service offerings to its members.
The impact of President Trump's tariffs is the top concern for most middle-market American businesses, a new KeyBank survey found. But these firms also view the scrambled landscape as a chance to innovate and restructure.
The Federal Reserve Board banned a former relationship banker in Arkansas after he was caught stealing customer funds; Benchmark Federal Credit Union plans to merge with Franklin Mint Federal Credit Union to form a $2.1 billion-asset institution; Robin Vince, CEO of Bank of New York Mellon since 2022, has been elected chairman of the board; and more in this week's banking news roundup.
In USAA's battle with banks over mobile deposit technology, which it says it invented, a bank has scored a rare victory.
The House and Senate will need to resolve a slight difference between their versions of the bill before sending it to President Donald Trump for his signature.
A Trump-appointed judge refused to dismiss a settlement between the Consumer Financial Protection Bureau and a Chicago mortgage lender over lending practices that an appeals court already said violated the Equal Credit Opportunity Act.
At a preliminary injunction hearing seeking to determine whether two sidelined appointees are shielded by removal protections, a federal judge pressed both sides on whether the independent credit union agency exercises executive power.
