article thumbnail

CIT Bank 2020 Review

MyBankTracker

CIT Bank Money Market Account. Why we like it: Earn one of the nation’s top money market rates with no monthly fees. More likely than not, you won’t notice a difference in how you bank and you’ll complete the transition entirely — minimizing the likelihood of fees and maximizing the growth of your money.

article thumbnail

It's official: Varo Money has national bank charter

American Banker

"We can control our destiny," says Colin Walsh, CEO of the challenger bank, which spent more than three years seeking to become a full-fledged bank.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Central banks, big and small

BankUnderground

Reporting isnt totally consistent for some central banks only a few years are reported, while others provide annual figures back to the early 2000s. Taking the most recent data available for each central bank (2020 on average), it looks like there are around 450,000 staff across the worlds central banks.

System 109
article thumbnail

FI Highlight: National Police Credit Union

Banking 2020

Jim Bedinger, COO of Chicago Patrolmen’s Credit Union and CEO of National Police Credit Union , shares how he’s working towards reaching a targeted audience and community – police members and their families. In a few sentences could you please tell us a bit more about National Police Credit Union?

article thumbnail

Banks turn to influencers to build buzz about their brands

American Banker

Financial institutions like Ally Financial, Clinton Savings Bank and First National Bank of Omaha are recruiting personal finance experts, college students and local personalities to promote their products and services.

Omaha 98
article thumbnail

Small banks turn to German fintech for deposit-gathering help

American Banker

SaveBetter.com from Deposit Solutions lets consumers shop for different savings products through one portal and provides national exposure for participating banks, which include Ponce Bank in New York and Central Bank of Kansas City.

article thumbnail

The 15 Best-run Community Banks

Banking 2020

State Bank of Texas took the number one slot based on its 2014 year-to-date ROAA and efficiency ratio, with PrinsBank and Stearns Bank National Association closing in at second and third, respectively. Only one bank has assets over $1 billion with Stearns Bank National Association coming in at number two.