ANCHORAGE, Alaska - (08/03/05) -- Alaska USA FCU said has installedFinancial Fusion's Consumer Banking solution. The solution allowscredit union members to customize their online account experience,manage accounts, and perform a variety of self-service functions.It also provides the ability to transfer funds, pay bills an set upand receive alerts on account and transaction events. In addition,it will allow members to initiate funds transfers through WesternUnion and open new accounts online.
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Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
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In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
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Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
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Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
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Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
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Community banks and state banking groups are seeking structural reforms rather than a simple coverage increase.
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