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The regulator's latest Quarterly Map Review shows credit unions' good run continuing, but some states remain stuck in a rut.
October 11 - Banking brands
This week’s name change is the latest in a string of moves Ira Robbins has made since he replaced his mentor, Gerald Lipkin, in January.
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Banks will have to re-engineer a number of systems to meet the eclectic demands of the generation born roughly in the last 10 to 20 years.
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Efficiency gains also drove results at the Kansas City, Mo., company.
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Know how many different ways customers can ask a virtual assistant to move money between accounts? The answer is one of Bank of America’s takeaways from a lot of trial and error this year in launching voice-activated services.
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The added heft will help companies like Independent Bank and Berkshire Hills better compete with the bigger banks that control much of the region’s deposits, and perhaps give them a leg up on other giants, including JPMorgan Chase, moving into the Boston market.
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The Federal Reserve System is trying to be proactive in these and other high-profile areas, offering educational materials and coaching to bank execs and directors, according to supervision officials at the St. Louis and Richmond Fed banks.
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The company agreed to buy Mainland Bank for nearly $20 million in stock.
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Toronto-Dominion Bank wants customers to complete nine out of every 10 routine transactions on their own within three years.
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Consumers may say they like where they bank, but a survey suggests banks and credit unions lag behind retail brands like Amazon in ease of service and satisfaction.
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