American Eagle Credit Union (AECU) has wrapped a St. Louis city bus with a design featuring the AECU logo, lifestyle photographs and the tagline "Helping you build a better future." The credit union also has panel advertisements on several other city buses. The goal of the campaign is to increase brand awareness in the five communities the credit union serves. AECU is a division of Anheuser-Busch Employees' Credit Union, which opened in July of 2002. Prior to AECU opening its doors, there were practically no financial institutions in the area.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
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.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
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.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17