BROKEN ARROW, Okla. – Western Sun FCU announced that Robert Taylor, a top executive the past 16 years, has been promoted to be president and CEO of the $100 million credit union.
Taylor joined the credit union 16 years ago as vice president and has served as chief financial officer for the past seven years.
Taylor previously served as lending supervisor at Williams Employees CU and vice president of credit administration at Bank of Oklahoma.
The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
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.
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.
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.
Regulators want firms to spot where several critical functions ride on one provider, a question the department's earlier vendor guidance did not ask.
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.
