ONTARIO, Calif. - (10/26/04) -- The CO-OP Network said it isintroducing a remote graphics feature to its ATM service which willallow participating credit unions to customize the content of theirATM screens. The feature will allow credit unions to developindividualized promotional or marketing campaigns for users ofCO-OP machines. Credit unions will be able to control all aspectsimplementing ATM screen changes remotely, eliminating the need foron-site visits.
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The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
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