Members Featured On WebsiteST. PAUL, Minn.-Affinity Plus FCU has relaunched its website with an updated look and a design that "attempts to bring the human aspect back into banking." APFCU noted the site highlights "members, photographed as they go about their daily life. Images of family, friends, careers, and time spent enjoying life scroll across the pages and attempt to remind the viewer that "the most important thing in life isn't money, it's people."For info: www.affinityplus.org North Jersey Jumps Into Social MediaPATERSON, N.J.-North Jersey FCU has launched a social media campaign that includes new Facebook and Twitter pages.For info:www.facebook.com/njfcu and twitter.com/njfcuMobile Banking Taking OffMUSCLE SHOALS, Ala.-Among the credit unions announcing they have added mobile banking solutions: Listerhill CU; Matadors Community CU, Chatsworth, Calif., via a partnership with MShift; San Diego County CU, with SDCCU Mobile Deposit for Android or iPhone; Brookline, Mass.-based MAFCU FCU, with its MAFCU to Go, and Municipal CU, New York.Has art, First Capital QR Code.First Capital Rolls Out iPhone AppYORK, Penn.-First Capital FCU has rolled out its new mobile banking iPhone App with a full QR code campaign that includes billboards, direct mail pieces, in-branch posters, website info, and staff T shirts. The QR code takes members directly to the First Cap App in the iTunes store.Facebook Loyalty Program ReleasedNEW YORK-Citi has released the first Facebook application from a loyalty program that is it says is both a rewarding and social experience: the Citi ThankYou Point Sharing App. The new Facebook app allows ThankYou Rewards members who are Facebook friends to pool their points together, and use their points' collective value towards a shared goal or reward. ThankYou members on Facebook can combine their points to make a charitable donation, or choose from millions of rewards on www.thankyou.com.
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Amerant Bancorp in Coral Gables, Florida, appointed Carlos Iafigliola its permanent president and CEO; Morton Community Bank in Illinois reached a deal to buy a three-branch franchise in the Land of Lincoln; Bank First in Manitowoc, Wisconsin, agreed to acquire PSB Holdings; and more in this week's banking news roundup.
May 22 -
President Donald Trump administered Federal Reserve Chair Kevin Warsh's oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.
May 22 -
Federal Reserve Gov. Christopher Waller said in a speech Friday that he favors holding interest rates steady until energy prices fall, but noted that the central bank should be ready to hike rates if inflation gets too far out of hand.
May 22 -
Cetin Duransoy said every employee at his company is now using AI in some way.
May 22 -
Many banks are missing revenue and cost-cutting opportunities—and potentially disenfranchising customers by not offering relevant app details.
May 22 -
Lenders pulled back on commercial real estate loans in 2023, as high interest rates put pressure on property values. They're now returning to the sector, and the renewed competition is prompting a pricing war.
May 21








