Tag: BankingTech News North America
California’s CBC Bancorp to acquire Bay Community Bancorp for $122m
Acquisition Announcement: CBC Bancorp is set to acquire Bay Community Bancorp in an all-cash deal valued at $14 per common share, totaling approximately...
California’s Edwards Federal Credit Union taps Apiture for consumer banking solution
Edwards Federal Credit Union (FCU) Chooses Apiture for Digital Banking:Partnership Details:Edwards Federal Credit Union has selected Apiture, a digital banking solutions provider,...
Colorado’s Elevations Credit Union partners Alkami for digital banking platform
Elevations Credit Union Collaboration:Elevations CU has implemented Alkami’s digital banking platform for business, retail, and mobile banking.
The Colorado-based credit union aims...
Citigroup to cut 20,000 jobs over two years after Q4 downturn
Citigroup Job Cuts: Citigroup plans to cut around 20,000 jobs by 2026.
Q4 2023 Performance: In the fourth quarter of 2023, Citigroup reported...
Global Credit Union to acquire First Financial Northwest Bank for $231m
Acquisition Deal: Global Credit Union signs a definitive agreement to acquire First Financial Northwest Bank for $231.2 million in an all-cash deal.
Transaction Structure: The...
Blue Federal Credit Union partners Cotribute for digital account opening platform
Blue Federal Credit Union partners with Cotribute for digital account opening.
Aiming to simplify the account opening process and boost membership growth (currently...