RALEIGH, N.C. - (07/12/06)State Employees' Credit Union hasopened its 200th branch. The newest facility is in Hayesville, N.C.The credit union boasts one of the most extensive branch networksin the movement, with branches in 87 of North Carolinas 100counties to serve its more than 1.3 million members. Earlier thisyear, SECU CEO Jim Blaine told The Credit Union Journal the$13-billion credit union plans to continue expanding its branchingthroughout the state, reaching out to top-tier markets first andthen continuing to fill in from there.
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The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
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Mirroring the efforts of a number of larger institutions, Portland-based Northeast Bank plans to open a de novo branch in Bangor and renovate its seven existing branches.
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The Brazilian digital bank is bringing its services to U.S. consumers through a partnership with Lead Bank as it awaits its own final charter approval.
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Research from Cerulli Associates suggests that many RIAs have a long way to go with AI adoption while already finding possible ramifications for back-office staff.
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Regulators want firms to spot where several critical functions ride on one provider, a question the department's earlier vendor guidance did not ask.
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The digital asset and card-issuing firms are supplying the guts to enable transactions for cards and digital wallets, betting that Mastercard's ties to both firms will be attractive to banks, consumers and merchants.
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