banking

Latest news articles about banking

Redwood Credit Union Members Save More Than $1.5 Million Through New Financial Tools and Coaching Program

SANTA ROSA, Calif.--(BUSINESS WIRE)-- #healthyplanetproject--Redwood Credit Union (RCU) members have collectively saved more than $1.5 million in just eight months thanks to a suite of new financial tools and services designed to promote financial resilience and long-term stability. Earlier this year, RCU introduced two automated savings tools, Simple Save and Round Up & Save, alongside a new Certified Financial Coaching program, offered at no cost to members. These initiatives aim to make saving more accessible a

September 16, 2025Read more →

WaFd Bank Approved for SBA Preferred Lender Status

WAFD

(NASDAQ:WAFD) SEATTLE--(BUSINESS WIRE)---- $WAFD #banking--WaFd, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank (“WaFd Bank”), today announced that it has been designated as a Preferred Lender with the U.S. Small Business Administration (“SBA”), a significant milestone that allows the bank to deliver faster, more efficient financing solutions to small businesses. The SBA Preferred Lender Program grants select financial institutions increased authority to approve, close, and service SBA-guarantee

September 16, 2025Read more →

Carter Bank Expands Into Gastonia

CARE

(NASDAQ:CARE) MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bank (Nasdaq: CARE) has opened a new Loan Production Office in Gastonia, N.C., reinforcing the bank's commitment to growth in North Carolina. This expansion follows recent openings and expansions in Winston-Salem, Raleigh, and Mooresville. “Our new location in Gastonia highlights our dedication to supporting thriving business communities,” said Brad Langs, President and Chief Strategy Officer of Carter Bank. “Over the past 18 months, we’ve successfully

September 16, 2025Read more →

esh Bank Redefines Banking with Disruptive Business Model

TEL AVIV, Israel--(BUSINESS WIRE)--esh Bank today officially announced Israel's first hyper-efficient financial institution, marking a transformative moment in the country's banking sector. After operating in stealth mode with invited customers for two years, esh Bank emerges as a fully operational institution that fundamentally reimagines how banks serve their customers through complete operational transparency and a proprietary revenue-sharing model. esh Bank represents a departure from tradi

September 15, 2025Read more →

Fifth Third to Manage Direct Express® Federal Benefits Program

FITB

(NASDAQ:FITB) CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, (Nasdaq: FITB) today announced it has been designated by the U.S. Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) as the new financial agent for the Direct Express® prepaid debit card program. The 5-year financial agency agreement begins on September 9, 2025. Direct Express currently serves approximately 3.4 million Americans with a prepaid debit card to receive their monthly federal benefits. The ma

September 9, 2025Read more →

Fruitful Cash & Card Named “Best Banking Card Product” by Tearsheet’s Big Bank Theory Awards

NEW YORK--(BUSINESS WIRE)--Fruitful, the financial membership helping Americans understand, organize, and optimize their finances, today announced that Fruitful Cash & Card has been named “Best Banking Card Product” by the Big Bank Theory Awards. Presented by Tearsheet, the awards celebrate the top companies and products in banking and embedded finance. Tearsheet recognized Fruitful for its work “reimagining the relationship between spending and saving.” “We’re honored that Fruitful Cash &a

September 9, 2025Read more →

Chime Makes Fee-Free Banking1 Even More Rewarding: Introducing New Chime Card with Cash Back Rewards and Elevated Design

CHYM

(NASDAQ:CHYM) SAN FRANCISCO--(BUSINESS WIRE)--Chime® (Nasdaq: CHYM), a leading consumer financial technology company, today introduced the newest way it’s making everyday banking more rewarding. The new Chime Card, which brings 1.5% cash back2 rewards for Chime+3 members, adds even more reasons to love the nation’s most loved banking app. These benefits build on Chime’s existing suite of services—including high-yield savings, early access to pay, credit building, instant loans, and deals—delivering an upgrad

September 9, 2025Read more →

Nuuvia Accelerates Market Momentum with Youth Banking Experience

PORTLAND, Ore.--(BUSINESS WIRE)-- #IntelligentLifecycleBanking--Nuuvia Accelerates Market Momentum with Youth Banking Experience

September 8, 2025Read more →

Smart Banking With RCU’s New Benefits Checking

SANTA ROSA, Calif.--(BUSINESS WIRE)-- #RCU--Redwood Credit Union’s recently launched Benefits Checking isn’t just a checking account—it’s a comprehensive protection package that offers peace of mind in moments people need it most. It’s added protection when your child has a fever in the middle of the night, you get a flat tire, or you drop your phone. It’s there when you need help rebuilding your credit, or someone you don’t know attempts to open an account in your name. Whether it’s a shattered phone

September 4, 2025Read more →

U.S. Bank Launches All-In-One Cash Flow Management Platform for Small Businesses

USB

(NYSE:USB) MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank today announced a powerful all-in-one cash flow management platform for small businesses. Providing a comprehensive accounts payable solution with streamlined cash flow management, enhanced bill pay capabilities with industry-leading flexible payment options, and the ability to easily sync with accounting software, it’s all seamlessly integrated into the U.S. Bank online banking platform. The accounts payable solution, called U.S. Bank bill pay for busine

September 4, 2025Read more →

Oregon State Credit Union to open new branch in Wilsonville

CORVALLIS, Ore.--(BUSINESS WIRE)--Oregon State Credit Union announced today it will open a new branch in Wilsonville in fall 2025 to better serve members in the northern Willamette Valley with comprehensive, personalized financial solutions. The new location at 25529 SW Gwen Dr. in Wilsonville will expand the credit union’s network to 16 branches offering exceptional service for its nearly 150,000 members in Oregon and Southwest Washington. Many members live or work in the Portland metro area,

September 3, 2025Read more →

KeyBank's EasyUp® Turns Everyday Spending into Meaningful Savings

KEY

(NYSE:KEY) The financial empowerment tool continues to help clients meet their financial goals. CLEVELAND, Sept. 3, 2025 /PRNewswire/ -- KeyBank (NYSE: KEY) is helping clients take control of their financial futures with EasyUp® , a tool that transforms everyday spending into meaningful savings....

September 3, 2025Read more →

Cannabis Banking Survey Shows Licensed Operators Ready for Payments Innovation and Expanded Credit Access

Survey conducted by Shield Compliance highlights opportunities for financial institutions to build loyalty by addressing credit availability, payments, and fees. WASHINGTON, Sept. 3, 2025 /PRNewswire/ -- Today at the PBC Conference, Shield Compliance announced the results of its 2025...

September 3, 2025Read more →

American Business Bank Opens New Loan Production Office in Downtown Riverside, California

RIVERSIDE, Calif.--(BUSINESS WIRE)--American Business Bank Opens New Loan Production Office in Downtown Riverside, California

September 2, 2025Read more →

Safe Harbor Financial Launches Industry’s First Fully Managed Cannabis Banking Program for Financial Institutions

SHFS

(NASDAQ:SHFS) Safe Harbor Financial (Nasdaq: SHFS) announced the official launch of its Fully Managed Cannabis Banking Program.

September 2, 2025Read more →

Texans Credit Union Launches First-Time Homebuyer Program Amid Housing Market Pressure

National sales data highlights challenges facing would-be homeowners DALLAS, Aug. 28, 2025 /PRNewswire/ -- Texans Credit Union has launched its First-Time Homebuyer Program, offering three new pathways to homeownership at a moment when affordability challenges are keeping many would-be...

August 28, 2025Read more →

Academy Bank Opens First Arkansas Branch with Grand Opening in Rogers

New branch at "The District" mixed-use development brings the latest innovations in convenient, flexible and personal community banking to Pinnacle Hills in Northwest Arkansas ROGERS, Ark., Aug. 28, 2025 /PRNewswire/ -- Academy Bank, a full-service community bank and wholly owned...

August 28, 2025Read more →

Cross River’s Commercial Banking Group Achieves Mid-Year Record with $1 Billion in Loans

FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank (“Cross River”), a New Jersey State chartered FDIC-insured bank and Equal Housing Lender known for its Commercial Banking Group (CBG) and real estate lending platform, today announced it has facilitated more than $1B in loans in the first half of 2025, while retaining $550MM in originations on its balance sheet—marking its highest mid-year performance to date. The team originated 46 loans, ranging from $490,000 to $50 million in multiple asset t

August 28, 2025Read more →

Lexicon Bank Expands Brand with Launch of Government-Guaranteed Lending Division

LAS VEGAS, Aug. 28, 2025 /PRNewswire/ -- Lexicon Bank is excited to announce the expansion of its existing small business lending services to further assist small businesses in gaining access to capital through government-guaranteed lending programs. The newly formed Lexicon Bank SBA...

August 28, 2025Read more →

MSU Federal Credit Union Launches Buy Now, Pay Later Feature to Elevate Member Experience

MSUFCU partners with equipifi to empower members with better budgeting capabilities and greater financial flexibility through BNPL-enabled debit cards EAST LANSING, Mich., Aug. 28, 2025 /PRNewswire/ -- As next gen consumers increasingly cite Buy Now, Pay Later (BNPL) availability as a key...

August 28, 2025Read more →