Union Banking

Latest News for: Union banking

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Close to half of retail, MSME loans to move to digital lending in 2-3 yrs: Union Bank MD

The Times of India 15 Oct 2021

... 50 per cent of retail and MSME loans offered by banks will shift to digital lending platforms over the next two to three years, Union Bank.

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Portsmouth credit union joins peers in launching Dora Financial, an online-only bank for the 'unbanked'

Union Leader 15 Oct 2021

Service Credit Union of Portsmouth has teamed with three other banks across the country to unveil Bank Dora Financial, the first all-digital banking cooperative ... The bank name is inspired by credit union pioneer Dora Maxwell, who chartered hundreds of U.S. credit unions.

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Affinity Plus launches Dora Financial, an online-only bank for the ‘unbanked’

Pioneer Press 15 Oct 2021

Affinity Plus Federal Credit Union of St. Paul has teamed with three other banks across the country to unveil Bank Dora Financial, the first all-digital banking cooperative ... Million Americans do not participate in mainstream banking services ... The bank name is inspired by credit union pioneer Dora Maxwell, who chartered hundreds of U.S.

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Spanish bank Sabadell to cut up to 1,605 jobs, union says

Reuters 15 Oct 2021

MADRID, Oct 15 (Reuters) - Spanish bank Sabadell (SABE.MC) has reached an agreement with unions to lay off up to 1,605 employees in its home market, fewer than the initially planned more than 1,900, the leading union Comisiones Obreras (CCOO) said on Friday ... online banking.

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MUFG Americas Holdings Corporation Announces Redemption of Senior Notes due 2022 and 2025

The Salamanca Press 15 Oct 2021

The make whole call for the Notes is being executed given the Prospectus Supplement restrictive covenants associated with the planned sale of all shares in MUFG Union Bank N.A ... MUAH's main subsidiaries are MUFG Union Bank, N.A ... MUFG Union Bank, N.A ... As of June 30, 2021, MUFG Union Bank, N.A ... MUAH is owned by MUFG Bank, Ltd.

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Liquor store coming down, with drive-thru dreams

Emporia Gazette 15 Oct 2021

... Credit Union said Friday ... Miller said the credit union purchased the property in February., along with a bank next door ... Miller added that the credit union is preparing to occupy the former bank at 725 Merchant St.

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Union Home Mortgage to Partner with Olympic Gold Medalist, Katie Nageotte

Ellensburg Daily Record 15 Oct 2021

Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, today announced its partnership with Olympic gold medal winning pole vaulter, Katie Nageotte ... “We are so proud to welcome Katie into the UHM family,” said Bill Cosgrove, President & CEO of Union Home Mortgage ... About Union Home Mortgage.

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Brexit Impact Loan Scheme opens for applications

RTE 15 Oct 2021

The scheme is delivered by the Strategic Banking Corporation of Ireland (SBCI) through participating lenders, including retail banks and select Credit Unions around the country. The first of the participating lenders is Bank of Ireland, with other banks and credit unions to open for applications in the coming weeks ... What businesses are eligible? ... .

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Renasant named Best Big Bank by Newsweek

Mississippi Business Journal 15 Oct 2021

Renasant has been named Best Big >Bank in Mississippi by Newsweek® in America's Best Banks 2022 ... They assessed thousands of FDIC-insured banks and credit unions, and the savings and checking accounts they offer, based on more than 50 different factors to land on best-in-class options in 26 different categories.

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UCO Bank CEO Atul Kumar Goel appointed chairman of IBA

The Times of India 15 Oct 2021

... as chairman of the Indian Banks' Association (IBA) for 2021-22 succeeding Union Bank of India.

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Big Six banks join Mark Carney-led Net-Zero Banking Alliance

North Shore News 15 Oct 2021

TORONTO — Canada's Big Six banks have together announced that they will join the Net-Zero ... Vancouver City Savings Credit Union and HSBC were the only banks operating in Canada to sign on to the alliance when it was first announced in April.

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Big Six banks join Mark Carney-led Net-Zero Banking Alliance (Business)

Castanet 15 Oct 2021

Canada's Big Six banks have together announced that they will join the Net-Zero ... Vancouver City Savings Credit Union and HSBC were the only banks operating in Canada to sign on to the alliance when it was first announced in April.

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Andhra govt offers 2 more powerhouses to Krishna management board

Hindustan Times 15 Oct 2021

Energy Secretary Srikant Nagulapalli issued an order late on Thursday night on the handing over of the Srisailam Right Bank Powerhouse and the Nagarjuna Sagar Right (Jawahar) Canal Powerhouse to the KRMB in accordance with the Union Jal Shakti Ministry’s Gazette Notification.

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IRS snooping

Montana Standard 15 Oct 2021

This unlimited access to consumers’ financial data should raise alarms for anyone with a bank or credit union account ... The strain credit unions would suffer to meet these requirements will directly impact members ... Montana’s Credit Unions are strongly against the IRS provision within the proposed reconciliation plan, and you should be too.

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Bank on it

Arkansas Democrat-Gazette 15 Oct 2021

Getting $7 trillion more by making banks report on $600 accounts would be a good start, no?. • How much will it cost banks, credit unions and other financial institutions to monitor and report all those accounts to the IRS? And whatever the cost, surely it will be passed on to their customers.