ALBANY, N.Y. - (03/13/06) State Employees CU said it willopen four new branches, two in Syracuse and two on Binghamton, aspart of ane expansion into central New York. Currently, SEFCU hasone branch in Central New York, in Syracuse. The $1.3 billioncredit union first entered the Syracuse market about 20 years ago.SEFCU has a total of 17 branches throughout upstate New York,mostly concentrated in the Capital region. The credit union waschartered 70 years ago to serve employees of state government andnow serve residents in 27 cities and towns in New York State,including Syracuse and Binghamton.
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BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
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A report from J.D. Power indicates that the neobank Chime gained the highest percentage of newly opened checking accounts in the third quarter of 2025.
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The court upheld the Federal Reserve Board's right to block Custodia from direct access to its payment systems. The bank is considering asking for a rehearing.
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The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
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New York State's former top regulator Adrienne A. Harris has rejoined Sullivan & Cromwell as of counsel and senior policy advisor; Founders Bank appointed Karen Grau to its board of directors; Deutsche Bank's DWS Group is opening an office in Abu Dhabi; and more in this week's banking news roundup.
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Earned wage access provider EarnIn, which historically has been known for direct-to-consumer EWA, is now integrating its services with payroll providers. The move comes as consumer advocate groups step up efforts for stricter regulation of the industry.
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