SEATTLE - (04/28/06) -- American Airlines FCU became one ofthe first credit unions to claim a nationwide branch network withthe opening of its 43rd service facility at Kilroy Airport Centerhere Wednesday. "We are thrilled to say that we can now servemembers from Puerto Rico to Hawaii and from Boston to Seattle,"said John Tippets, president of the $4 billion credit union, whichis celebrating its 70th anniversary this year. The new branch willexpand the credit union's ability to serve all employees of the airtransportation industry, which American Airlines FCU expanded toserve with a TIP (trade, industry or profession) charter lastyear.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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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.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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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.
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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.
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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.
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