FORT VALLEY, Ga. - (02/20/06) Officials of Robins FCU weresifting through the rubble this weekend at the credit unionsbranch here after a fire decimated the structurethe samebranch that was destroyed by a tornado last summer. Investigatorswere on the scene last weekend to determine a cause of the blaze.The branch was hit last August 29 by a tornado, spun off of a stormsystem created by Hurricane Katrina. The credit union was in theprocess of rebuilding the structure last week when it caught firein mid-afternoon on Friday.
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Powered by younger, affluent cardholders, American Express saw a 6% increase in billed business during the first quarter, while weak growth still plagues its small-business segment.
45m ago -
For the better part of the past decade, the Federal Reserve Board in Washington has played a more active role in presidential searches by regional reserve banks. The shift seems to have made the system more diverse, but some argue it's at the expense of regional bank independence.
1h ago -
Beth Johnson, a self-described math geek, is driving the bank's ESG strategy and training its employees to keep pace with industry trends.
3h ago -
The Cleveland-based bank is projecting steady growth in net interest income even as credit losses remain manageable. But Chairman and CEO Chris Gorman also said that he thinks a recession is likely.
April 18 -
The first-quarter increase involved commercial real estate loans, including some problematic multifamily loans and an office credit, but none of the criticized loans were to consumers, officials at the Dallas company say. Further CRE deterioration is anticipated.
April 18 -
The Detroit-based company is exploring ways to make more consumer auto loans without running afoul of stricter capital standards that are expected from the Federal Reserve. Possible approaches include more securitizations and the use of credit risk transfers.
April 18