DALLAS - (12/13/05)Four more credit unions haveselected TNB Card Services as their credit card processor. Three ofthe credit unions moved their business from other processors, whileone of them launched a credit card program for the first time, thecredit union-owned company said. None of the credit unions has soldtheir portfolios to TNB. For info: The new processing clients areUnited SA FCI of San Antonio, Texas; Woodlawn Auto Workers FCU ofBlasdell, N.Y.; PCM Employees CU of Green Bay, Wis., and MoogEmployees FCU of East Aurora, N.Y. In the case of United SA, itwill be rolling out its Platinum card program with a 1% cash-backrebate.
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Firms like Brex and Ramp are adding new tech faster than legacy banks, according to payment experts.
October 13 -
The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
Former City National CEO Kelly Coffey has a new venture in wealth management; Erin Siegfried is Northwest Bancshares' new chief legal counsel and corporate secretary; Flagstar Bank secures OCC approval to merge its holding company into the bank; and more in this week's banking news roundup.
October 10 -
The regional bank has launched a digital student banking center that's part of a broader strategy to focus on relationship-building.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
An updated deposit insurance reform bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise deposit insurance for business accounts to $10 million, exclude the largest banks from coverage and insulate community banks from footing the bill.
October 10