TUKWILA, Wash. - (09/23/04) -- Boeing Employees CU said it signedwith First Lenders Data, Inc., to provide it with a flooddetermination solution, called Prime Flood. Prime Flood will helpthe $4.7 billion credit union process flood determinations fasterand more efficiently through online technology. BECU will alsoreceive volume discounts because of First Lenders' partnership withPrime Alliance Solutions, a mortgage lending CUSO partly owned byBECU.
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Profitable community banks based in Georgia and New Mexico have announced deals to sell themselves to credit unions this week, drawing the ire of banking advocates.
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A "spike in unusual traffic" caused service degradation for the infrastructure giant, disrupting digital banking for customers.
November 18 -
The West Reading-based bank has opened three offices in California and two in Nevada, continuing its strategy of establishing a presence in high-growth markets around the country, CEO Sam Sidhu said.
November 18 -
Witnesses and lawmakers at a House Financial Services Committee hearing gave a more downcast view of a Senate deposit insurance reform proposal, with many House committee members expressing cost concerns.
November 18 -
In the company's first earnings report since going public, CEO Sebastian Siemiatkowski offered what analysts called a conservative Q4 outlook while laying out its growth plans that included an expanded distribution network, increasing its long-term installment loan penetration with merchants and becoming a full-fledged neobank.
November 18 -
An October staff memo from the Federal Reserve's Division of Supervision and Regulation outlines changes to how supervisory activities will be carried out, including a greater emphasis on relying on examinations conducted by state banking supervisors.
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