BREWER, Me. - (01/23/06) Members of Brewer FCU willnavigate a different kind of facility at the new branch of BrewerFCU opening this week. Located at the shores of the PenobscotRiver, the new branch features a wooden pier suspended from theceiling, a compass pointing out direction on the floor, and docklighting. The 3,300-foot branch also features a tech center coveredby sails so members can print out statements without seeing ateller, and a belt-fed drive-thru system that allows tellers tostop the receptacle at different levels for larger and smallervehicles. The branch was designed and built by DEI of Cincinnati.Chartered as Eastco FCU in 1960 to serve employees of Eastern FinePaper Mill, the now $35 million credit union changes its name in1968 to Brewer FCU and now serves six surroundingcounties.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3