PSCU’s Lumin Teams With Vermont Credit Union To Provide Digital Banking


PSCU’s Lumin Digital has signed the Vermont State Employees Credit Union (VSECU) to a multi-year digital banking and cloud computing agreement, Lumin announced on Wednesday (Feb.

Vermont: Daring To Be Different, To The Surprise Of No One


As anyone who has ever ventured to Vermont can affirm, it’s a very particular place for some very particular people. Despite being nearly geographically identical to its neighbor to the east , New Hampshire, Vermont is very much its own place. Store front businesses in Vermont ha ve done a bit better than in regional counterparts in three out of the four categories tracked, but then again, the region itself was fairly lagging behind the overall nation.


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Vermont exempts bank partners from loan solicitation license for commercial loans

CFPB Monitor

We have been following closely efforts by state regulators, state legislatures and the courts to restrict, or in some cases prohibit, bank model lending programs, so the recent guidance from the Vermont Department of Financial Regulation (“Department”) is welcome news. State CFS Monitor State Licensing loan solicitation vermont

NEFCU adds 14 counties to field of membership

American Banker

The Vermont-based credit union received the OK from federal regulators to add 650,000 potential members to its FOM, an increase of 15%. Growth strategies Consumer banking New Hampshire Field of membership Vermont

Community Bank System to Buy Biggest Bank in Vermont

American Banker

Community Bank System in Syracuse, N.Y., has agreed to buy Merchants Bancshares in South Burlington, Vt., for $304 million, or $44.02 a share, in cash and stock. breaking_news community-banking m-a vt ny dealmaking-strategy

Berkshire Hills Buys Wealth-Management Business in Vermont

American Banker

The $9 billion-asset company said in a press release Monday that it bought the business assets of Ronald N. Lazzaro in Rutland, Vt., a financial planning an investment services firm. breaking_news community-banking wealth-management vt dealmaking-strategy

Vermont federal district court rules CFPA does not provide private right of action for alleged usurious loans; denies motion to dismiss EFTA claim

CFPB Monitor

A Vermont federal district court recently issued a decision ruling on the defendants’ motion to dismiss a class action involving allegations that an online tribal lending venture violated federal and state law because of alleged usurious interest rates and other allegedly unlawful features. Jeremy T. Rosenblum.

Peoples in Ohio to expand eastward with Premier acquisition

American Banker

It also announced it's buying a leasing company in Vermont. ]]. Peoples Bancorp will pay $292 million for the West Virginia company. Community banking M&A Growth strategies Equipment ABS

Millbury National Bank Offers Kasasa Cash and Saver in the Northeast


Millbury National Bank's Kasasa Cash and Kasasa Saver are available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont

Bernie Sanders taunts Jamie Dimon again after CEO jabs socialism

American Banker

The Vermont senator lashed out at the JPMorgan Chase chief on Twitter after Dimon criticized socialism in an op-ed published earlier this week in Time magazine.

01.09.18 Your morning briefing

Payments Source

Today: Toyota demos driverless delivery; Venezuela plans oil cryptocurrency; Bango teams with Netflix in Mexico; Vermont may tax cryptocurrency. The information you need to start your day, from PaymentsSource and around the Web. Briefing

What The LTA-350 Cash Recycler Delivers. from The People Who Know

ATM Marketplace

A case study featuring National Iron Bank, The Bank of Greenwich and Vermont State Employees Credit Union that talks to why competitive users have made the switch and why new users have been compelled to try the groundbreaking technology of the LTA-350 from BranchServ

11.1.17 Your morning briefing

Payments Source

Today: New York and Vermont penalize Hilton over breaches; Microsoft pushes fintech in Japan; Dilbert's Scott Adams plans an IPO; Singapore approves a virtual currency card; GameStop ties rewards to subscription payments. The information you need to start your day, from PaymentsSource and around the Web.

Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States


A coalition of 38 state attorneys general filed an antitrust lawsuit against Google , accusing the search giant of engaging in anti-competitive practices, the Associated Press (AP) reported on Thursday (Dec. The federal lawsuit was filed in Washington, D.C.

New Jersey Shore To Open Memorial Day Weekend


Last week, a Vermont judge granted the state a temporary restraining order against Club Fitness of Vermont owner Sean Manovill who opened his gym despite Gov. Residents itching to visit the New Jersey shore over the Memorial Day weekend can break out bathing suits and head to the beach.

Berkshire Hills in Mass. to Buy Wealth Management Firm

American Banker

has agreed to buy the assets and certain liabilities a wealth management firm in Vermont. Berkshire Hills Bancorp in Pittsfield, Mass., breaking_news community-banking m-a ma vt dealmaking-strategy

Does NCUA’s Restructuring Plan Make CentsSense?

New York's State of Mind

Region 1 overseas the following states: federally insured credit unions in Connecticut, Maine, Massachusetts, Michigan, New Hampshire, New York, Rhode Island, Vermont, and Wisconsin. NCUA announced Friday that it plans to shut down Region 1 as part of a restructuring of its operations. Region 3, based in Atlanta, is also marked for death.

Uber Eats Updates Its App To Pay Tab While Dining In


The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C. Uber Eats has introduced a contactless ordering feature that will work when diners are eating in a restaurant as the fight against COVID-19 continues.

Square Partners With POWDR To Offer Ski Resorts Contactless Transactions


Over the last year, POWDR has been working to bring Square hardware, software and payments to its mountains, the release stated, including Boreal, Soda Springs and Woodward Tahoe in California; Copper Mountain and Eldora in Colorado; Killington, Vermont; Lee Canyon, Nevada; Mt.

American Airlines Offers Preflight COVID Tests For US Destinations


States and territories that currently have COVID-19 travel restrictions include Alaska, Connecticut, District of Columbia, Chicago, Hawaii, Maine, Maryland, Massachusetts, New Hampshire, New York, Pennsylvania, Puerto Rico, Rhode Island and Vermont. American Airlines on Tuesday (Dec.

Grocery Roundup: Food Supply Under Federal Review


Walmart Pilots Bagless Initiative in Vermont. 22), the superstore is piloting a “bagless” program in Vermont. The events of the past year have showcased many businesses’ resilience, but not all were able to make it through unscathed.

Wells River Savings Bank To Access TCH’s RTP Network


12) announcement from the Vermont-based financial institution (FI), which noted that Atlantic Community Bankers Bank (ACBB) will offer funding agent functions. Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc.

UPS Seeks Faster, Greener Package Delivery, Orders ‘Electric Vertical Takeoff’ Aircraft


That’s the thinking behind a new order partnership between UPS and Vermont-based Beta Technologies, that will bring at least 10 — and possibly up to 150 — state-of-the-art electric-powered vertical takeoff aircraft into the package delivery firm’s fleet starting in 2024.

Last Labor Report Before Election Shows Drop In US Jobless Claims


Seasonally adjusted initial unemployment claims dipped to 751,000 the week ending Oct. 24, some 40,000 lower than the previous week's revised levels, according to the Thursday (Oct. 29) report from the U.S. Department of Labor (DOL). The previous week's revised level was upped 4,000 from 787,000 to 791,000. The seasonally adjusted insured unemployment rate dropped 0.5 percent from the previous week's revised rate to 5.3 percent for the week ending Oct. The previous week's rate was revised from 5.8

Tech Firms Want Moderation, Not Bans, On Facial Recognition


Vermont Sen. Tech companies want to get ahead of the law when it comes to facial recognition , seeking to restrict its use but also making sure the most severe regulations don’t come to pass, according to The Wall Street Journal.

Democrats Want Probe Of Possible Uber-Grubhub Merger


Fellow Democratic Senators Patrick Leahy of Vermont, Richard Blumenthal of Connecticut and Cory Booker of New Jersey also signed onto Klobuchar’s letter. Amy Klobuchar (D-Min.)

States Seek Aid To Offset Estimated $400B Shortfall Due To COVID-19


State lawmakers in Vermont have set aside $75 million to help businesses, restaurants and resorts whose business has been ravaged by the pandemic, with grants of up to $300,000, the AP reported.

The Supreme Court’s Most Important Banking Decision

New York's State of Mind

The most important banking decision the Supreme Court made in this year’s term, which ended yesterday, may well be its decision not to take up a case decided by the Court of Appeals for the Second Circuit which oversees New York, Connecticut and Vermont.

New Uber Service Caters To Skiers, Snowboarders


Paul, New Hampshire, Portland (Oregon and Maine), Salt Lake City, Seattle, Upstate New York, Vermont, Wilkes-Barre Scranton and Worcester. Uber has launched a new feature aimed at skiers and snowboarders called Uber Ski, according to a report. Starting on Dec.

USDA?s SNAP Benefits Can Used In 25 States, DC To Buy Groceries From Amazon


Amazon customers can now use Supplemental Nutrient Assistance Program ( SNAP ) benefits in more states, according to a statement from the eCommerce giant.

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers


Eight additional states, Idaho, Minnesota, Missouri, Nevada, North Carolina, Texas, West Virginia, Vermont and the District of Columbia, are slated to be added in June. “We’re Fiserv Inc.,

Former FTC Commissioner To Head Up Microsoft Privacy Position


In addition to Brill’s former government experience, Brill served in North Carolina and Vermont’s Department of Justice in their Consumer Protection and Antitrust divisions. To help button up its privacy offerings, Microsoft has made the decision to hire Julie Brill. As a former Obama nominee, Brill previously served as a commissioner for the FTC since 2010.

Brattleboro S&L Picks NCR To Streamline Its Digital Banking


With NCR, the Vermont bank will consolidate three vendors that previously supported digital banking into one, simplifying back-office operations and increasing efficiency, the Atlanta-based NCR said.

Uber Eats Says Customers Donated $3M To Help Unemployed Workers


The top five most generous states were Washington, Vermont, Montana, Connecticut and South Carolina, the report noted.

Open Banking FinTechs Target SMB Underwriting Pains


which operates across New York, Pennsylvania, Vermont and Massachusetts, is connecting its SMB clients to automated payment and accounting technology via FinTech Autobooks , the companies revealed earlier this month.