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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The buy now/pay later provider and aspiring neobank submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp. to establish Klarna Bank.
1h ago -
The U.S. has created just 36,000 jobs on average every month over the last year; that's long enough to be a trend, and a weak one at that.
3h ago -
Federal Reserve Board Gov. Christopher Waller says he is OK with dialing down the amount of communication issued by the central bank's monetary policy committee, but doesn't want the central bank to throw out the baby with the bathwater.
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Banking law scholars warn the Supreme Court's ruling in Trump v. Slaughter will further politicize bank regulation, clouding policy expectations for firms and reshaping the balance of power between the White House and financial regulators.
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Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3








