TUKWILA, Wash. - (09/03/04) -- Boeing Employees CU said itcontributed more than $52,000 to Children's Hospital and RegionalMedical Center in Seattle, the largest children's hospital in thenorthwest. The funds were collected through the credit union'seStatement Campaign, under which the credit union agreed to donate$3 each time a member signed up for its new electronic statementsfrom March through June. Members opened almost 18,000 eStatementsduring the campaign. BECU's contribution was made through theChildren's Miracle Network, which raises funds for more than 170children's hospitals throughout the country.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
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The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
October 24 -
Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
October 24 -
Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
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A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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