BankNews Feb. 2015

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Community Banks To Be Early Adopters of Wearable Apps

April 14 – Malauzai Software, a provider of mobile and Internet banking apps, says it is working with eight community banks and credit unions to have an Apple Watch app live for the April 24 launch.

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Worthington Bank Hires New VP

April 9 – Fort Worth-based Worthington National Bank announced  that the company has hired Scott Brandt to be the next vice president for the Colleyville, Texas, office. His focus will be on commercial lending and servicing customer relationships. Continue reading “Worthington Bank Hires New VP” »

Community & Southern Bank Partners With Developer On Student Housing Project

April 13 – Community & Southern Bank, one of Georgia’s most well capitalized banks, has partnered with developer Mallory & Evans Development to bring a Class “A” student housing development to Dahlonega, Ga. Continue reading “Community & Southern Bank Partners With Developer On Student Housing Project” »

Community Banks Support Small Businesses

April 10 – During ICBA Community Banking Month, the Independent Community Bankers of America (ICBA) celebrates the nation’s more than 6,000 community banks, which build stronger communities by lending to local small businesses and helping local entrepreneurs get their start or continue in their career as small business owners.

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Five Community Banks Launching SmartwearApp for Apple Watch with Malauzai

April 9 – Malauzai Software, a provider of mobile and Internet banking SmartApps for community financial institutions, announces that five community banks are launching SmartwearApps for the Apple Watch. Continue reading “Five Community Banks Launching SmartwearApp for Apple Watch with Malauzai” »

Apple Pay Coming Soon to You: New Banks & Credit Unions Implement Mobile Payment Service for MasterCard Cardholders

April 9 – Making its way across the country, more than 20 new banks and credit unions are now live with Apple Pay giving MasterCard cardholders from California to Florida the opportunity to leverage this simple and secure mobile payment option. Apple Pay continues its rapid growth, delivering payment choice to an increasing number of consumers.

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Digital Insight Deploys Smartwatch Banking

April 9 – Digital Insight, an NCR company and leader in digital banking solutions, announced it has released Android smartwatch functionality with Wright-Patt Credit Union. Wright-Patt Credit Union (WPCU) members who own an Android Wear™ watch can now seamlessly check account balances with a flick of the wrist, without the hassle of logging-in to the mobile app.

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BankMobile to Be One of First Banks With App Available on Apple Watch

April 9 – BankMobile, a division of Customers Bank (NYSE: CUBI) and the first and only bank offering a no fee, mobile, online and tablet banking platform, has announced it will be one of the first banks whose app will be available on Apple Watch when the device becomes available April 24.

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DNB First Expands Business Banking Services

April 7 – DNB First, one of the first nationally chartered banks to serve the greater Philadelphia region, has announced the creation of the Business Banking Services (BBS) division. The move was part of the Bank’s strategic initiative to increase its capabilities and geographic presence to serve the credit and banking needs of all-sized businesses in the five county region of Chester, Delaware, Philadelphia, Bucks, and Montgomery as well as Southern New Jersey,  and Northern Delaware. This division will support businesses of all sizes, with an added focus on smaller clients.

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A Bonus for BankNews Reader

By Bill Poquette

The American Bankers Association, in its recently released 2014 Farm Bank Performance Report, pointed out that while the nation’s 2,000-plus farm banks held $94.6 billion in farm loans at the end of 2014, all banks held $161 billion in farm and ranch loans.

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