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Stock impact report

Fintech Atmos Financial Partners Directly with Five Star Bank in a Sustainable BaaS Model [Yahoo! Finance]

Financial Institutions, Inc. (FISI) 
Last financial institutions, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1016825
Company Research Source: Yahoo! Finance
SAN FRANCISCO June 25, 2024 /PRNewswire/ -- Atmos Financial, PBC continues to advance its mission to help decarbonize the banking sector and advance the rapid transition to a clean economy through its partnership with Five Star Bank, a New York State chartered bank. Atmos Financial established a direct partnership with Five Star Bank in 2023 to provide various banking services as its sponsor bank. Sponsor banks are chartered banking institutions that work in close partnership with fintech companies like Atmos to develop and offer unique and proprietary bank products with prudent oversight and controls in place to ensure the integrity of risk and compliance outcomes for customers. Since completing the migration of tens of thousands of bank accounts from Atmos's prior partner, a middleware software provider, to Five Star Bank, Atmos account holders have continued to benefit from the continuing integration and direct partnership with Five Star Bank, a key distinction from the previo Show less Read more
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