BIRMINGHAM, Ala. - (09/07/05) -- America's First FCU, which recentlyreceived a broad new community charter from NCUA, has initiated acomprehensive ad campaign to broadcast its membership availabilityto almost one million residents in surrounding community. Themulti-pronged campaign, which will include television, radio andprint ads, began last week with a series of billboard ads in andaround Birmingham. The $675 million credit union has also launcheda new promotion in conjunction with its re-branding that will allowdebit card users to earn points that can be exchanged for servicesor merchandise. The new charter encompasses about 1.2 millionresidents in seven counties surrounding the city. America's FirstFCU was chartered in 1936 as the Iron and Steel Workers' CU toserve employees of U.S. Steel in Birmingham and has grown to servemore than 1,300 select groups in the region.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18









