Banks adapt as COVID-19 reshapes money management
Banks and credit unions embrace drive through video tellers, mobile banking, and curbside service as lobbies stay closed. Executives from MSUFCU and others foresee long term shifts toward plexiglass teller windows, mask policies, and split team rotations while customers increasingly favor FDIC insured, contactless options.
MENTIONED IN THIS ARTICLE
Berkley
Michigan State University Federal Credit Union
Tarissa O'Malley
O'Malley
Msufcu
East Lansing
Rann Paynter
Michigan Bankers Association
Lansing
Paynter
Michigan
Beth Oates
Fifth Third Bank
Cincinnati
FDIC
Paytner
Oates
Facebook workers protest policy over Trump's posts
Facebook employees staged a virtual walkout over the decision to leave up Donald Trump’s posts about protesters in Minneapolis. The action followed Zuckerberg’s pledge of a 10 million dollar racial justice donation and raised questions about platform policies and moderation amid nationwide protests.
MENTIONED IN THIS ARTICLE
Facebook
Twitter
Mark Zuckerberg
Donald Trump
Minneapolis
Trump
Zuckerberg
United States
George Floyd
Miami
New York Times
the Times
Mark
Jason Stirman
Stirman
Creighton index shows regional recession easing but persists
Creighton University May Mid-America Business Conditions Index rose to 43.5 from 35.1, still below March 46.7, signaling a consumer-led recession with manufacturing lag. Employment improved slightly with 1.33 million covered workers unemployed by May first week, a 10.5 percent rate.
MENTIONED IN THIS ARTICLE
Iowa
Midwest
Creighton University
Ernie Goss
Creighton
U.S. Department of Labor
Goss
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