US EditionThrivent Bank Launches Operations in US
2 Articles
2 Articles
Last Sunday, Thrivent officially opened its digital bank, a news story that was announced the next day. According to the original report, Terry Rasmussen, CEO of Thrivent, highlighted the company's legacy by stressing that "for more than 120 years, Thrivent has provided purpose-based advice and now we expand into banking to grow and serve more people."With Lutheran roots, Thrivent is in a new stage of expansion to attract the attention of younge…
Thrivent Bank launches operations in US
Thrivent Bank has officially commenced operations, marking a milestone as the first bank with an Industrial Loan Company (ILC) charter to open since 2020 and only the third since 2006. This launch finalises the merger of Thrivent Credit Union into the newly established bank. A subsidiary of Thrivent, a Fortune 500 financial services firm, Thrivent Bank aims to integrate the principle of generosity into its banking practices. The bank applied for…
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