SPOKANE, Was. - (10/26/04) -- The credit union lobby was facedwith a choice between two Daves to succeed six-term Rep. JenniferDunn--popular talk show host Dave Ross, a Democrat, and RepublicanKing County prosecutor Dave Reichert, famous for his role incatching the 'Green River' mass murderer. After deliberations, thenod, along with a $5,000 check from CUNA, went to Reichert, along-time member of King County CU, according to Stacey Augustine,chief lobbyist for the Washington CU League. But the leaguerejected a rare in-person bid by Rep. George Nethecutt for itsendorsement in his race for the Senate, because two-term incumbentPatty Murray has been a strong credit union supporter. "He came toour offices but we told him we couldn't support him because Murrayhas always supported credit unions; and she is the incumbent,"Augustine told The Credit Union Journal, of the league's policy.The league has also endorsed long-time state Rep. Cathy McMorris, aRepublican, in the race to succeed Nethercutt.
-
At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.
6h ago -
New details have emerged about the negotiations that culminated in Capital One's blockbuster $35 billion agreement to acquire Discover. At one point last December, the two parties broke off discussions, according to a securities filing.
6h ago -
According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
7h ago -
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
8h ago -
Truist Financial's top executive leadership team announces departures; First Horizon's chief credit officer is retiring; Ferry teams with Highnote to roll out a new Visa-branded payroll card; and more in the weekly banking news roundup.
8h ago -
The Dallas-based regional bank tapped a client for its co-pilot capabilities, where employees can message a bot instead of a human to get tech assistance.
9h ago