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Citizens Bank of Ada
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Summary
location iconAda, Oklahoma
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Citizens Bank of Ada was founded in 1967 by four of Ada's finest business and civic leaders, who between them had over 35 years of banking experience. They believed a bank should strengthen the surrounding community, and still believe that today. mission at Citizens Bank of Ada is simple. They want to be good stewards of all that God has entrusted and make an impact in community and beyond. They believe that "it" does matter where you bank.

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Commercial Banks
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Citizens Bank of Ada - Recent News & Articles

Senate votes to scrap CFPB oversight of Big Tech payment apps

The US Senate has voted to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants, such as Apple, Google and X, that offer digital payment apps and ...

Source: Finextra

Calastone Research Reveals Tokenisation Could Save $135 billion for Asset Management Industry

Calastone, the largest global funds network, has today released groundbreaking research, revealing that tokenisation – the process of transforming asset ownership into digital tokens on a blockchain –...

Source: Fintech Finance News

PSR Finds ‘Lack of Competition’ in Card Market, as High Visa and Mastercard Fees Cost Firms Millions

The Payment System Regulator (PSR) has revealed that increases to payment processing fees implemented by Visa and Mastercard since 2017 cost UK businesses an extra £170million a year.It says that thes...

Source: The Fintech Times

Finance CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud

The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks that dominate transactions on it. The CFPB sued E...

Source: CNBC

Sen. Elizabeth Warren: DOGE’s FDIC firings put banking system at risk

In a statement Thursday, Sen. Elizabeth Warren, D-Mass., said she was “pleased” the Federal Deposit Insurance Corp. would review the decision to lay off more workers. The recent FDIC firings were part...

Source: CNBC

European Central Bank Outlines Two-Track Approach to Enhance DLT Transaction Settlements

The European Central Bank (ECB) is developing a new platform to settle transactions using distributed ledger technology (DLT) in central bank money, aiming to integrate and harmonise the European fina...

Source: The Fintech Times

Banking Associations Warn New Overdraft Rule Could Harm Consumers

Five banking associations have called on the CFPB to withdraw its new regulation on overdraft fees, arguing that it is unnecessary due to recent innovations and could potentially harm consumers.The co...

Source: Banking Exchange

Australia’s central bank cuts rates for the first time in more than four years, flags economic uncertainties

The RBA cut rates by 25 basis points to 4.10% on Tuesday, marking its first easing since November 2020, when the central bank cut its key rate to a record low in the depths of the pandemic. The centra...

Source: CNBC

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC. Zepz confirmed to CNBC it is eliminating roles to “susta...

Source: CNBC

Consumer sentiment drops sharply in February as inflation worries soar

The University of Michigan’s gauge of consumer sentiment fell to 67.8 in a preliminary February reading, down from 71.1 in the prior month and the lowest reading since July. Economists polled by the ...

Source: MarketWatch