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Centris Federal Credit Union has launched a fleet of self-service kiosks to serve under-banked consumers as it seeks to expand its marketshare.
July 9 -
Unreasonably high taxes generate less, not more revenue for governments. Likewise, banks might make more money with lower fees, and become more compliant and less hated.
July 9
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At first, Google seemed to have all of the necessary ingredients for a mobile wallet and Isis had the uphill climb of convincing banks to agree to a system designed by a group of telcos. Isis now has several top banks firmly behind it, but it faces many challenges as well.
July 9 -
MOLINE, Ill. -- IH Mississippi Valley CU is opening a new branch in nearby Galesburg tomorrow that eliminates the traditional teller line and replaces it with several benefits of technology.
July 8 -
The National Credit Union Administration announced Saturday morning the completion of its liquidation of WesCorp FCU, marking the end of the most costly failure in credit union history.
July 7 -
Total employment in the mortgage industry was flat in May, but there's been a shift over the past few months with brokerage firms hiring, according to figures from the Bureau of Labor Statistics.
July 6 -
The Georgia Department of Banking and Finance closed Montgomery Bank & Trust in Ailey on Friday. Ameris Bank in Moultrie, Ga., agreed to assume all of the bank's $164.4 million in deposits.
July 6 -
Refinancing activity continued to climb over the last three months, as did the gap between consumer and secondary market prices. Expect banks to report another quarter of strong mortgage revenues in the coming weeks.
July 6
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The acting chairman of the Federal Deposit Insurance Corp. said it is "difficult at this time to anticipate the consequences" of the possible expiration of the Transaction Account Guarantee program at the end of the year because of the uncertain economic climate.
July 6 -
Georgia regulators have ordered an Atlanta-area business to stop calling itself a credit union.
July 6
