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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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
February 9 -
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
February 9





