ONTARIO, Calif. - (10/08/02) -- The CO-OP Network said it continuesto expand its sites northwards with a new deal connecting its firstCanadian credit union to the credit union-owned electronic fundstransfer network. The agreement with Civil ServiceCo-operative Credit Society (CS CO-OP) of Ontario, Canada, is TheCO-OP's second Canadian deal, following last year's arrangementthat placed more than 1,000 ATMs in the Quebec and Ontarioprovinces. "As our agreement with CS CO-OP credit union shows,CO-OP Network has entered a new era where we're seeking to broadenour expansion inside and outside the United States," said CO-OPNetwork President Robert Rose. "This agreement actually has addedbenefits for both parties. One of CO-OP Network's growing marketsis in the southern part of the United States. This also happens tobe an area where quite a few CS-CO-OP cardholders travel whenwinter rolls around in Ontario.
-
The Chicago-based, $261 million-asset Metropolitan Capital Bank & Trust was placed in receivership and its assets sold to Detroit-based First Independence Bank, costing the Federal Deposit Insurance Corp.'s Deposit Insurance Fund an estimated $19.7 million.
January 30 -
Court documents reveal how a teller used the drive-through window and work email to aid a scheme that bypassed TD's fraud defenses.
January 30 -
U.S. Bancorp shuffles management as COO Souheil Badran announces his retirement; Stock Yards Bancorp agrees to buy Field & Main Bancorp; Citi's wealth business hires Mercer's Olaolu Aganga for a newly created role; and more in this week's banking news roundup.
January 30 -
Former Fed Gov. Kevin Warsh is a relatively known quantity to financial markets, but his embrace of President Trump's agenda and the White House's own contentious relationship with the central bank make it hard to know with certainty where — or even whether — he will lead the Fed.
January 30 -
The Long Island-based bank returned to profitability during the fourth quarter of 2025. The results mark "a significant milestone" in the bank's turnaround plan, CEO Joseph Otting said.
January 30 -
The neobank was bullish on cryptocurrency and stablecoins, which could provide tailwinds as it looks to launch new products including crypto-based lending, institutional trading, and correspondent payments and settlements via stablecoins.
January 30





