May 2 – Amid the proliferation of real-time data from sources such as mobile devices, web, social media, sensors, log files and transactional applications, Big Data has found a host of vertical market applications, ranging from fraud detection to scientific R&D.
May 17 — A De Novo Bank was approved by Texas Banking Commissioner Charles G. Cooper. Subject to the granting of deposit insurance by the FDIC, The Bank of Austin is expected to open this summer with a minimum capital of $31 million. Organizers are J. Bruce Bugg Jr., who will serve as chairman, Jon Eckert, president and CEO, Robert Cavender, Gene Dawson Jr., David Spencer and Brent R. Given.
May 19 – CBC National Bank, headquartered in Fernandina Beach and with branches in Fernandina Beach, Ocala and The Villages, Fla., and Beaufort and Port Royal, S.C., has launched a newly updated website featuring enhanced functionality and content, a clean design, improved navigation, and more, all designed to facilitate a more engaging user experience.
May 19 – The Small Business Administration has named Banner 2016 Regional Lender of the Year for the Seattle/Spokane District and a Star Performer for the Portland District. The awards were presented at separate ceremonies as part of National Small Business Week.
May 15 — The Conference of State Bank Supervisors announced five student teams as finalists in its nationwide Community Bank Case Study Competition. The college teams are: Bloomsburg University of Pennsylvania, Iowa State University, Kutztown University (Pa.), Texas Tech University, and University of Akron (Ohio).
May 15 – BMO Harris Bank has launched a new suite of consumer checking products, which is tailored to match the lifestyles of customers and focused on bringing simplicity to banking at any stage of life.
May 15 – Many studies show that nearly two-thirds of Americans don’t have a will, and even fewer have created a full estate plan. Fifth Third Bancorp understands that many people say the process is too complex and too-time consuming, so the bank created Fifth Third LegacyLink, a digital platform that provides a simple, straightforward approach to estate management.
By Kristin Rulon
When Shauna Stephenson was 17, she walked into a branch of a local bank to make a transaction. She must have made a good impression, because she left with a job offer from the branch manager. (more…)
May 8 – “This is Banking a Fifth Third better.” That’s the idea behind the new advertising campaign from Fifth Third Bancorp. The campaign plays on the improper fraction that is the Bank’s name. As a fraction, 5/3 translates to more than 100 percent — 166.7 percent, to be exact — and going the extra mile to help customers reach their financial goals.
May 8 – Banner Bank was ranked highest in the Northwest region for client satisfaction by J.D. Power, according to their just-released 2017 U.S. Retail Banking Client Satisfaction Study. This is the third time since 2012 that Banner Bank has earned this recognition.