BETHESDA, Md. - (06/16/05) -- Allpoint ATM network said a recentdeal with mid-Atlantic states credit union league has paid off big,helping the surcharge-free network to double it credit unionmembership over the past year to about 100, and 200 financialinstitutions overall. "We've had 30 credit unions signed thismonth, alone, the bulk of them in the three states," Ben Psillas,president of ATM National, the owner of Allpoint, told The CreditUnion Journal, of the recent deal with state leagues inPennsylvania, Maryland and Delaware. And the company is preparingto welcome two billion-dollar credit unions to the system: DeltaEmployees CU, Atlanta, and Hudson Valley FCU, Poughkeepsie, N.Y.,joining such other billion-dollar credit unions as Eastman CU,State Employees CU of Maryland, IBM Southeast Employees FCU andPentagon FCU, in the network. Allpoint offers access to more than32,000 ATMs nationwide, most of them in retaillocations.
-
The company is leveraging its bank charter and strong customer acquisition, with app logins up nearly 50% from borrowers.
3h ago -
The Dallas-based regional bank's return on average assets exceeded its goal of 1.1% for the first time, coming in at 1.3% for the third quarter. The bank has been in transformation mode since 2021.
4h ago -
U.S. regulators have reached a rock-bottom settlement deal with a former Wells executive accused of wrongdoing in the phony-accounts scandal. The OCC had sought to recover $10 million from Claudia Russ Anderson, a onetime risk executive at the bank.
5h ago -
Fraser will succeed John Dugan, who's been Citi's chair for six years. The megabank also granted Fraser a one-time award of $25 million in restricted stock units, and more than 1 million stock options.
6h ago -
Farmers National Banc Corp. in Ohio plans to acquire in-state rival Middlefield Banc Corp. in a deal that will deepen the buyer's footprint in Columbus.
8h ago -
An apparent increase in large-scale borrower fraud and the hot environment for bank mergers were the key themes as banks discussed their third-quarter results.
8h ago





