Original Source Material
The Sumitomo Mitsui Banking Corp.-backed digital bank is closing, according to several now-former employees. Jenius’ X account was deleted Friday, and its LinkedIn posts were deleted.
Jenius Bank employees say the bank is closing
Summary
- Jenius Bank, a digital bank backed by Sumitomo Mitsui Banking Corp., has closed.
- The X account was deleted on Friday, and LinkedIn posts were removed.
Why It Matters for Texas Credit Unions
The article does not mention Texas specifically or any regulations that would be directly applicable to Texas credit unions.