CHICAGO – Polish & Slavic FCU has signed a lease to open a new branch here, the $1.2 billion credit union’s first branch outside of its core New York and New Jersey market.
The new branch, the first of four planned for the Chicago area, is scheduled to open in February.
The nation’s largest ethnic-based credit union, Polish & Slavic has 10 branches in New York and New Jersey.
The neobank is rolling out Chime Prime, a new membership service that rewards customers for making Chime their primary bank account.
The Minneapolis-based company plans to leverage the arrangement to draw more attention to its growing list of national business lines, transcending its regional reputation.
Swiss banking giant UBS tried to get a federal court to reject new allegations that Credit Suisse, which UBS acquired in 2023, had concealed Nazi-linked assets.
Jamie Dimon said the revised Basel III plan still overstates risk and penalizes the largest banks.
The one-click checkout fintech, which launched its own "super app" last year, reduced its current workforce by about 30% last week.
Financial institution members of The Knoble will be using AI to monitor transactions around the soccer games for signs of trafficking and share suspicious activity information with each other.
