Bank Leumi news and trends

Bank Leumi Eyeing Online Bank Launch In US
Banking // November 20, 2018

Israel’s Bank Leumi is planning to bring its online-only bank Pepper to the United States. Launched in 2017, Pepper is a digital banking venture that is initially offering individual accounts with plans to move into securities and mortgages, as well as joint banking options. Pepper can only...

Bank Leumi Launches Digital Bank Pepper For Mobile Phone Customers
Digital Banking // June 28, 2017

Bank Leumi has launched Pepper, a digital banking venture that will initially offer current individual accounts and later move into securities and mortgages, as well as joint banking options. According to news from Globes.com, Pepper does not have an independent banking license, but Bank Leumi is branding...

Quick Reads
Valley National Bancorp To Acquire Leumi 

September 23, 2021
Valley National Bancorp will acquire Leumi, the U.S. subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA, in a deal with an estimated value of $1.1 million, the companies announced on Thursday (Sept. 23).   The banks will merge to become the 29th-largest publicly traded U.S. bank, according to the announcement.  […]

Bank Leumi Eyeing Online Bank Launch In US

November 20, 2018
Israel’s Bank Leumi is planning to bring its online-only bank Pepper to the United States. Launched in 2017, Pepper is a digital banking venture that is initially offering individual accounts with plans...

Bank Leumi Launches Digital Bank Pepper For Mobile Phone Customers

June 28, 2017
Bank Leumi has launched Pepper, a digital banking venture that will initially offer current individual accounts and later move into securities and mortgages, as well as joint banking options. According to...