An expanded airport runway has driven the Minnesota Credit Union Network to move its offices to downtown St. Paul in early 2005. The MCUN has leased the remaining commercial office space in the Saint Paul Public Housing Agency's new building at 555 North Wabasha Street and will move 30 people into that space. The Network said it is making the move largely due to a new north-south runway which will be open soon at the Minneapolis-St. Paul International Airport. The current Network office in Bloomington is directly in the path of the runway where estimates predict noise levels to exceed 75 decibels.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3