University FCU has opened this striking facility here. Designed by Angenora Architects of Austin, the credit union said it was seeking to create a "navigational landmark amidst its traditional southwest Austin surroundings." The goal is to draw in members and prospective members through more than just the exterior, but by allowing its "high-tech internal workings" to be visible. The building's exterior uses tilted glass panels the architect says eliminates sunlight heat and glare from the interior. On the interior video tellers are used, as are "concentric elliptical patterns...purposely integrated into the interior design to subtly suggest the most efficient circulation flow for members."
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3