MADISON, Wis.-Bill Jolicoeur retired last month after 34 years with CUNA Mutual Group. Jolicoeur joined CUNA Mutual at the age of 23, as a sales rep in Massachusetts with more than 300 CUs in his territory. The 57 year-old plans to head back to his Michigan home with his wife, Sharon, and travel with his family. His full-time retirement may not be for long as Jolicoeur plans to start a "second career" dedicated to helping raise money for alternative housing for young adults with disabilities.
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The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
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Mirroring the efforts of a number of larger institutions, Portland-based Northeast Bank plans to open a de novo branch in Bangor and renovate its seven existing branches.
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The Brazilian digital bank is bringing its services to U.S. consumers through a partnership with Lead Bank as it awaits its own final charter approval.
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Research from Cerulli Associates suggests that many RIAs have a long way to go with AI adoption while already finding possible ramifications for back-office staff.
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Regulators want firms to spot where several critical functions ride on one provider, a question the department's earlier vendor guidance did not ask.
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The digital asset and card-issuing firms are supplying the guts to enable transactions for cards and digital wallets, betting that Mastercard's ties to both firms will be attractive to banks, consumers and merchants.
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