ORLANDO, Fla. - (08/01/05) -- Insight Financial CU has introduceda business checking account aimed at serving non-profitorganizations in its four-county field of membership, in additionto a new Business Checking Account aimed at local businesses. Bothaccounts have no minimum balance, and include a free Business DebitCard with the Visa Extras rewards program for accounts thatqualify, free online banking, and free Bill Payer when the membercompany signs up for free electronic statements.
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Earlier in the day, Fed Gov. Stephen Miran chastised the Fed for wading into politics under the Biden administration, as he currently takes unpaid leave from President Donald Trump's top advisory council.
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CEO Chris Gorman applauded what he sees as a transformation of bank regulation since President Trump took office. He described a shift from layers of exams and documentation to a streamlined focus on liquidity, capital and earnings.
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Merchants alleged the major card networks illegally conspired to shift fraud liability onto them with the adoption of EMV chip technology.
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The Buffalo-based bank said Thursday that the paring of its CRE loan book, which has nearly halved in volume over the last three years, may be near its inflection point.
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The BNPL lender is launching a three-day shopping event that pushes 0% financing offers to draw more consumers into the app and increase sales volumes for merchants ahead of the holiday season.
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