article thumbnail

NCUA grants third charter of 2023 while Maryland group aims to be next

American Banker

The National Credit Union Administration approved the Young Community Federal Credit Union to begin operations in Kentucky soon. An organization in Maryland is shooting for a 2024 opening.

article thumbnail

Apple Pay’s Latitudinal Reach

PYMNTS

Apple Pay is now supported by 22 banks after adding The Co-operative Bank and Metro Bank earlier this month, and Apple Pay is now available in the U.K. Citizens Bank of Kentucky. First Community National Bank. and the U.S. In the U.K., territories of Guernsey, Jersey and the Isle of Man. American Heritage Bank. Bank of Gravest.

Apple 115
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

OnDeck Channels Accountants For SME Funding

PYMNTS

While the tool initially launched in March , reports said OnDeck expanded this aspect of its operations this month across Kentucky, Florida and Alabama. Reports Thursday (June 23) said OnDeck has launched its Accountant Advisor Program , a service that helps professionals accountants arrange financing for their SME clients.

Kentucky 101
article thumbnail

How Can Banks Thrive in the Next Five Years?

Jeff For Banks

And a branch, on average, cost about 1% of deposits in direct operating expenses. And oh by the way, it cost another 1% to support the operating expenses of support functions back at headquarters. Build a positive culture with operating discipline. And what greater meaning can they get than at a community financial institution?

article thumbnail

How Financial Brands Can Help Communities in Crisis Communication

Social Assurance

Time and again, no matter the event, communities have rallied together to respond to these hardships. We’ve seen this throughout the COVID-19 pandemic , and we’re seeing it now with the events in Kentucky. These community leaders play a vital role in helping areas react, regroup, and rebuild. Communicate.

article thumbnail

Coronavirus Fear Could Cause Streaming Subscription Service Spike

PYMNTS

Walmart , in one case, has implemented a policy for emergency leave on the heels of a store associate in Kentucky having a positive result for the virus. Apple didn’t specify when the stores would be in operation again. The president of the coffee chain’s U.S.

Apple 153
article thumbnail

Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2

PYMNTS

Q3 operating profit hit $792 million, up from $254 million the previous year. The company further noted that it has made “continued investments to support and safeguard associates, customers and communities, nearly $1.3 He pointed to total company sales, which hit $29.7 Earnings per share (EPS) reached $.80, 80, up from $.32.