Banking industry
Crestar Bank, a leading financial institution in Virginia, Maryland, and Washington, has taken a significant step in enhancing customer convenience by expanding its electronic banking network with the addition of 21 automated teller machines (ATMs) located in Wal-Mart Stores and Sam's Club locations throughout Virginia. This strategic move
Banking industry
Central Fidelity Banks, Inc. has announced plans to open full-service branch offices in seven Wal-Mart Supercenters across Virginia, offering a range of banking services to customers on weekends and after business hours. The first office is set to open on January 24, 1996, at the Valley View Wal-Mart Office in
Banking industry
As the US banking industry faces the emergence of online banking services, Hugh McColl, CEO of NationsBank Corp, warns that the industry could meet the same fate as the railways unless banks band together to meet the challenges posed by technology giants. McColl emphasizes the need for banks to form
Banking industry
Barnett Banks, Inc., a leading financial institution in Florida, has successfully developed and implemented an object-oriented technology application to improve customer service in its marketing call centers. The application, built using IBM's VisualAge for Smalltalk, enables telemarketing representatives to quickly retrieve prospect information, check against existing customer data,
Banking industry
Time Warner Cable's Full Service Network (FSN) has launched an interactive banking service in collaboration with Barnett Bank, providing customers in Orlando, Florida with the ability to conduct banking transactions from the comfort of their homes using their television sets. As part of the FSN, Barnett Bank customers
Banking industry
Leading U.S. and Canadian banks are joining forces to leverage MECA Software's award-winning Managing Your Money(R) personal financial software to bring convenient remote access financial services to millions of customers. The partnership, announced in November 1995, brings together Bank of America, NationsBank, First Bank System, Fleet
Banking industry
The highly anticipated Atlanta smart card pilot, led by First Union Corp. and Visa, is set to launch on January 1, but the companies may struggle to persuade consumers to use the stored value cards, which will be issued in denominations of $10, $20, and $50, until a re-loadable feature
Banking industry
First Commerce Corporation, a financial institution, has declared a 17% increase in its quarterly cash dividend on common stock, raising the yield to 4.4%. The increased dividend is payable on January 2, 1996, to holders of record on December 15, 1995. This move reflects the company's confidence
Banking industry
Western Pennsylvania residents will have access to a comprehensive range of services at the new Wal-Mart Supercenter, including banking, shopping, and consumer loans, courtesy of First Western Bank's community office. The innovative concept aims to attract and retain customers by providing a 7-day-a-week banking facility within the retail
Banking industry
NationsBank, a significant player in the US financial industry, has announced the creation of TradeStreet Investment Associates, Inc., a subsidiary dedicated to serving the institutional marketplace. With over $30 billion in initial assets under management, TradeStreet is poised to become a major force in investment management, offering a range of
Banking industry
National Health & Safety Corporation (NHS) has announced an agreement with First Fidelity Bank, N.A., to provide First Fidelity customers access to NHS's POWERx Medical Benefits Network. The roll-out of the POWERx program will offer up to 50% discounts on various healthcare services, including pharmacy, dental care,
Banking industry
Mission Energy Company has successfully completed the commercial bank financing of the $145-million 150-megawatt Auburndale project in Florida. The project, located near the city of Auburndale, sells electricity to Florida Power Corporation and steam to two local industrial companies, Coca-Cola Foods and Todhunter International, Inc. The project began operations in
