M&I Bank marks seven years of consecutive net personal checking growth; PyraMax Bank launches iPhone app
M&I Bank marks seven years of consecutive net personal checking growth
On March 31, M&I Bank marked seven years of consecutive monthly net personal checking account growth. For 84 consecutive months, M&I Bank has opened more personal checking accounts than it closed since 2003.
"Checking account growth continues to be essential to the growth of M&I," said Andy Will, senior vice president, director of deposits, M&I Bank. "We believe our employees’ efforts, along with the excitement generated by M&I Bank’s new checking line-up, will help ensure our continued success in growing deposits."
In late 2009, M&I Bank launched "Checking with Choices," tailored to meet customers’ needs. The Checking with Choices product line offers five primary account types and makes it easier and simpler for customers to select the checking product that best meets their needs.
M&I has also recently launched a new checking account line-up for business customers. The "Business Solutions" product offers checking accounts with cash back options and other incentives for M&I’s business customers.
PyraMax Bank launches iPhone app
Greenfield-based PyraMax recently launched its own iPhone app for mobile banking and payments. The app is available at the PyraMax website and at the Apple App store, and lets clients check their balances in real time, view mini-statements, transfer funds between accounts and pay bills.
“We all know life just doesn’t happen around regular bank hours,” says Karen Murphy, senior vice president of retail banking. “With the new iPhone app and the other mobile apps already offered by our bank, we can be there for our clients whenever and wherever they are.”
PyraMax Bank also offers other mobile channels for all of its personal banking accounts, including a downloadable Blackberry application and access via the mobile browser.