HEATH, Ohio - (03/24/06) -- Hopewell FCU said it used Verdi& Co., a consultant subsidiary of Diebold Inc., to find thebest location for its newest branch. Verdi uses Pointrac, an onlinedecision support tool for site evaluation and expansion planning.Financial institutions provide the system with a street addressthat represents current facility locations or expansion sites underconsideration and Pointrac gives users a profile ofcharacteristics, such as demographics, for that location andsurrounding area that will help the institution meet its goals andobjectives. Verdi's Pointrac analysis convinced executive atHopewell FCU to construct a 2,500 square-foot branch in Newarkrather than buy an existing 1,750 square-foot building from anotherfinancial institution.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3