Deposits

The New York bank said Wednesday that its first-ever credit card has brought in nearly $2 billion of loans in less than six months.

CEO William Demchak said the bank has witnessed "a lot of mischief" among customers who open checking accounts to collect bonuses and then never use the accounts again.

Want to level the playing field with big banks and fintechs in the year ahead? Here's where to start.

All but a handful of states now allow a gamified way for consumers o save money, and some credit unions have adopted these programs to help boost deposits.

Quontic Bank is offering high-interest, digital-only savings like others, but it says its secret sauce is homegrown technology that optimizes deposit prices. Financial bloggers have taken notice.

Low rates and spotty loan demand mean banks are having to “dig deeper” to improve efficiency and maintain profit margins.

On Sep. 30, 2019. Dollars in thousands.

Deposit Solutions says lenders can use its platform to acquire customers at little expense.

New York is the latest state to change its statutes regarding public deposits and credit unions as more institutions seek out strategies to boost liquidity.

The proposal comes after years of criticism that the current policy stifles innovation and hamstrings banks' ability to raise funds.