Fintech

Jeanne D'Arc Credit Union has begun thanking home buyers for their business by throwing housewarming parties for them once the process is complete.

Rather than jump right away into lending to car buyers, Access National will start by offering CRE and M&A financing to dealerships.

Auto lending, mortgages and MBLs are on a tear, and more than half the state's population are now credit union members.

This is the third year the Wisconsin-based CU has returned a "Member Loyalty Cash" reward to members, with $600,000 given back since 2015.

Active members received a percentage on savings account dividends earned and a rebate on loan interest paid throughout 2017.

Agency plans to address issues and regulation of cybercurrencies; OCC says the bank failed to fix problems cited in a 2012 consent order.

When taken in the context of the complete invoice and payment cycle, manual payments not only have higher processing costs to the provider and supplier, but also result in delays between processing and making payments, writes Darci Guerrein, vice president of payment operations for GHX.

The credit union’s new name is intended to reflect its electric utility roots, as well as its growth beyond a single-SEG institution.

The company, which sold about $3 million in stock through a private placement, also plans to add branches on Staten Island.

Customers saw transactions recorded multiple times and experienced drained accounts and long hold times. It’s a warning to all financial institutions as they head further into mobile-only banking — glitches are more visible and painful and need to be addressed faster than ever.