Banker Sees Opportunities for Community Bank Branches
Thomaston Savings Bank has doubled its branch network in the last 11 years, and tripled its assets. In the middle of that growth sits senior retail banking officer Todd Burton.
NBT Launches Bank On Account
NBT Bank has joined a growing number of institutions offering an account aimed at helping to bring more unbanked and underbanked people into the mainstream financial system.
DCU, Three Other CUs Launch Challenger Bank
Massachusetts-based Digital Federal Credit Union, better known as DCU, has joined forces with three other credit unions to launch a challenger bank targeted at low- to moderate-income customers.
Berkshire Bank Joins Bank On Initiative
Connecticut residents now have access to a dozen Bank On certified accounts as Berkshire Bank has joined the national Bank On initiative to reach unbanked and underbanked consumers by offering a checking account with no overdraft charges or monthly maintenance fees.
Thomaston Savings Bank Joins Bank On Initiative
Thomaston Savings Bank has joined the national Bank On movement to reach unbanked and underbanked consumers by launching a product that eliminates overdraft fees.
FDIC Report: Gains in Bank Access Overshadowed by COVID
More Americans than ever obtained a basic bank account in 2019, the Federal Deposit Insurance Corp. said Monday. But data was gathered before the outbreak of the coronavirus pandemic and start of this historic recession.
