EAST LANSING, Mich. - (08/31/05) -- Michigan State University FCU saidit has acquired a 33 acre plot near the university campus off ofInterstate 27 where it plans to build a new headquarters. The $1.2billion credit union's current facility on campus will bemaintained as the campus branch. The new administration buildingwill consist of 100,000 square feet and house a full-service branchon the first floor. The architects for the project Daniels andZermack Inc., with Workstage designers and builders hired to buildan environmentally conscious green facility. The design will aimfor sustainable site planning, the reduction of water usage, energyefficiency, material and resource conservation and a healthynon-toxic environment for employees. There will be substantial useof natural light to save energy and make for happier, moreproductive employees.
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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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