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Perrin Middleton By Barney Blakeney Community Owned Federal Credit Union, located at 117 Spring St. in downtown Charleston, November 1 launched into digital banking. CEO Perrin Middleton said the new digital banking now allows members 24/7 access to their accounts. A new phone app for Android users which soon will be available to Apple users as well is the first implementation of mobile banking by a credit union of a black heritage in South Carolina. “The COFCU Board of Directors believes small steps like online banking, along with mobile banking, will pay huge dividends for both the credit union and its members,” said COFCU CEO Perrin Middleton. COFCU also established an ATM at its Spring Street location, another benefit to the community and the credit union. The ATM may be another first among African American credit unions in the state, Middleton said. Additional services the credit union provides are savings accounts, loans and it conducts credit … [Read more...] about CO Federal Credit Union Now Offers Digital Banking
Regions Bank will close its French Quarter branch in early 2019, part of a move to consolidate its presence in downtown New Orleans. The branch at 541 Chartres St. will close in January 2019 as the bank consolidates it with its nearby Poydras Street branch, Regions spokesman Mel Campbell said. He said no other closures are planned at this time in the greater New Orleans area or Louisiana. A follow-up statement emailed by Campbell said Regions Bank has focused "on enhancing the total customer experience across all our delivery channels and reviewing locations and policies so we can use resources as efficiently as possible." "A careful review of our branch network identified an opportunity to consolidate based on proximity to other branches, traffic, new technology and other factors," the statement said. While the French Quarter branch will close, Campbell said Regions will continue to operate its ATM near the corner of Chartres and Toulouse streets, which accepts deposits in … [Read more...] about Regions Bank will close its French Quarter branch in early 2019
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