RAPID CITY, S.D. - (06/07/05) -- Black Hills FCU said it purchasedthe former Spiegel call center building here and plans to move itsaccounting, computer, human resources and marketing departments, aswell as the executive offices and a small retail branch, into thefacility. The $525-million credit union has been outgrowing itscurrent facility, but it also isn't quite large enough to use allof the 43,000 square feet in the former Spiegel building, and isseeking tenants for the space. At one point Spiegel had 500employees working at the site, before closing it in 2002 as part ofa bankruptcy.
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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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