MOLINE, Ill. - (12/23/05) -- Deere Harvester CU has agreed toshed the corporate moniker it has shared for 70 years, acceding toa request from Deere & Co. The $270 million credit union, to beknown starting Jan. 1 as DHCU, becoming the third of four creditunions tied to the well-known farm equipment manufacturer to changenames so as not to imply any direct corporate sponsorship.Waterloo, Iowa-based Deere Community CU has become Veridian CU;Deere Community FCU will become Community 1st FCU. The only one ofthe Deere credit unions allowed to retain the name is Deere &Co. CU, now Deere Employees CU, because it exclusively serves Deereemployees, retirees and past employees.
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Research, insights and data on how banks and financial institutions are using AI can now be found in a new location on American Banker.
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The regulator argues the plans were costly, too theoretical and ineffective, eliminating the financial crisis-era requirement as part of the Trump Administration's deregulatory push.
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Thomas Owens, Trustmark's current chief financial officer, will take over as chief operating officer on May 1. The COO position has historically been a pathway to the top job at the Jackson, Mississippi-based bank.
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Will Artingstall, global head of digital asset payments and ecommerce solutions within Citi's Services business, sat down with American Banker to discuss the firm's banking-as-a-service business and how it fits into its larger corporate payments strategy.
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The bank's planned $142 million acquisition of Affinity Bancshares comes as war-related uncertainty appears to have slowed the industry's appetite for mergers.
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American Banker data finds that a majority of executives investing in technology expect payments enhancements in the immediate future as well as further out.
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