NEW YORK - (10/26/04) -- Long Island's North Fork Bankpresented a $10,000 contribution to help fund the NationalFederation of CDCUs' 'Each one, Teach many,' financial literacyprogram during ceremonies Monday to mark the Federation's 3rdannual Financial Literacy Day at Union Settlement FCU here. NCUAChairman JoAnn Johnson, a member of the U.S. Treasury Department'sFinancial Literacy Counsel, urged credit unions and banks tocooperate in bringing financial education to the millions offinancially illiterate Americans. "I love it when the banks andcredit unions team up and provide these programs together," saidJohnson, who sat in on a Spanish-language financial educationworkshop at Bethex FCU later on. Using the National Endowment forFinancial Education's 'Your Path to Financial Freedom,' curriculum,the Federation's program has trained more than 400 instructorsnationwide to go into low- and moderate-income neighborhoods toteach financial literacy.
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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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The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
July 3