Why megabanks are seeing the value in new branches
Bank of America said Monday that it’s planning to open 165 new branches by the end of 2026. As brick-and-mortar locations remain critical for adding new customer accounts, JPMorgan Chase and Wells Fargo are also making targeted additions to their branch networks.
Canada’s interchange cuts add fuel to the move beyond card payments
Interchange reductions for small Canadian businesses join global efforts to curb swipe fees, prompting Visa and Mastercard to diversify
20 credit unions with largest portfolios of home equity loans
The top five credit unions have combined real estate loans and lines of credit of more than $217 million as of June 30.
Banks brace for next hurricane amid emotional Helene relief work
Financial institutions are on the front lines of relief efforts in Tennessee and North Carolina, while in Florida, Hurricane Milton threatens to deal a second blow.