IDAHO FALLS, Idaho – Scenic Falls FCU said it has selected Open Solutions Inc.’s DNA-standard market edition as its core processing solution.
The company said DNA-sme is an open core system, built on a centralized relational database, designed to be a full-featured solution targeted toward the traditional credit union market.
With DNA-sme, credit unions can select either the in-house or outsourced processing option to support their initiatives.
Los Angeles-based Lendistry recently received a $100 million credit facility from East West Bank to support loans to airport concession operators.
Florida, Georgia, Texas and Arizona are all states where U.S. Bank, which operates mainly in the Midwest and the West, sees growth opportunities.
Many advisors want asset managers to do more than provide access to investments. A new Cerulli report suggests they should emphasize practice management strategies rather than business growth.
The robots, which have the dexterity of a human arm and can open envelopes, remove staples, and scan documents, are being used in its Chicago lockbox and will eventually be deployed in its six other lockbox locations across the U.S.
The crypto company made the acquisition to expand its institutional platform after it received approval from the OCC for a national trust bank charter.
Borrowing against art can offer liquidity without triggering capital gains, but high costs keep it from becoming a first-choice strategy.
