NEW YORK - (08/03/04) -- Municipal CU, one of the largestcredit unions in the nation's financial headquarters, said it hasjoined the credit union-owned CO-OP Network. The $1.1 billioncredit union has signed a member-shareholder deal with the CO-OPwhich requires it to brand its own 90 ATMs with the CO-OP logo andadd them to the network. The deal comes two months after the CO-OPsigned the New York CU League to add its CU24 (New York) network tothe system. The CO-OP provides access to more than 19,000 ATMsnationwide for members at 1,725 credit unions.
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Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.
6h ago -
To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.
6h ago -
Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hardline stance on modifications.
7h ago -
Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6





