Deposits

The new features use automatic transfers to encourage account holders to build savings faster and with less effort.

The Maine-based credit union also grew membership last year to the point where it now serves nearly 40,000 consumers.

The people of tiny Duncan, Ariz., have found creative ways to adapt to life in a banking desert, but their experience augurs a worrisome future for many other rural communities.

The Wall Street bank aims to double consumer deposits and triple outstanding consumer loans in five years. A checking account is slated for 2021, and more cobranded credit cards could be coming.

On Sep. 30, 2019. Dollars in thousands.

Ally and other direct banks continue to report strong deposit growth even as they slash the rates they pay to depositors. The trend suggests that the online-only approach has more staying power than its detractors believed.

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.