JACKSON, Mich. - (07/11/05) -- Eighteen-year-old Lauren Lynn is onher way to the 'American Idol' auditions, thanks to American 1 FCU.The high school senior won first place Friday in the second annualAmerican 1 Teen Idol competition at the Riverwalk Amphitheatre witha powerful pair of vocal performances. Wearing a jean jacket over awhite tank-top and full, sequined skirt, Lynn performed the AliciaKey's song 'If I Ain't Got You' for the first round of theperformance, then topped it off with the Shania Twain hit 'ThatDon't Impress Me Much.' The performance won Lynn a travel voucherto auditions for the Fox Television show 'American Idol,' as wellas a $2,000 savings bond from the credit union. The contest alsoraised $2,500 for the Jackson School of the Arts.
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Lake Shore Bancorp in Western New York has reached a "standstill agreement" with the Stilwell Group, which has promised not to force a merger or sale in the next three years.
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Swiss banking giant UBS Group received federal approval from the Office of the Comptroller of the Currency to convert its $1.6 trillion-asset UBS Bank USA from a Utah-chartered industrial bank to a national charter.
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Early industry reaction to the Federal Reserve's Basel III proposals points to potential capital relief for banks, though stakeholders say the complexity of the changes makes their overall impact unclear.
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Financial institutions that delay or fail to take this leap risk losing customers and revenue, said speakers at the inaugural On-Chain Executive Summit.
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CISA and Microsoft urge organizations to secure endpoint management systems as threat actors increasingly seek to disrupt operations with wiper malware.
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Piermont Bank hired Dennis Day for a new executive role focused on payments; the American Bankers Association announced the global expansion of its widely used Fraud Contact Directory; MC Bankshares moved one step closer to finalizing its sale to an investor group; and more in this week's banking news roundup.
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