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Colorado’s Elevations Credit Union partners Alkami for digital banking platform

Elevations Credit Union Collaboration:Elevations CU has implemented Alkami’s digital banking platform for business, retail, and mobile banking. The Colorado-based credit union aims...

Citigroup to cut 20,000 jobs over two years after Q4 downturn

Citigroup Job Cuts: Citigroup plans to cut around 20,000 jobs by 2026. Q4 2023 Performance: In the fourth quarter of 2023, Citigroup reported...

Global Credit Union to acquire First Financial Northwest Bank for $231m

Acquisition Deal: Global Credit Union signs a definitive agreement to acquire First Financial Northwest Bank for $231.2 million in an all-cash deal. Transaction Structure: The...

Blue Federal Credit Union partners Cotribute for digital account opening platform

Blue Federal Credit Union partners with Cotribute for digital account opening. Aiming to simplify the account opening process and boost membership growth (currently...

Credit Union of Texas taps Alkami for business banking platform

Partnership Announcement: Credit Union of Texas (CUTX) collaborates with Alkami, a US-based cloud-based digital banking solutions provider. Business Banking Platform: CUTX adopts Alkami's "market-tested" business...

Elemi Bank applies to FDIC and seeks $25m in capital to launch corporate offering

Elemi Bank, a new US banking challenger, is progressing towards launch with a recent filing with the FDIC. Based in Burbank, California, Elemi...

US digital bank Green Dot appoints SVP Dave Harden as new CTO

Dave Harden as CTO:Dave Harden was appointed as the new Chief Technology Officer (CTO) of Green Dot. Internal promotion from SVP of...

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