SUNRISE, Fla. - (01/23/06) One lucky member of BrightStarCU is Las Vegas-bound after hitting the jackpot in the creditunions prize giveaway. Bartow Henry III, a member of thecredit union since 1978, won a five-day, four-night trip and $500of spending money in the contest. Another member, 18-year-oldJaimie Hazen, won a 2006 Hyundai Sonata, courtesy of the localHyundai dealer. The credit union, known as Broward Schools CU untilthis month, automatically entered all checking account, directdeposit and CDs holders into the drawing, which included the twogrand prizes and 10 $100 cash prizes. The purpose of the contestwas to promote the $250 million credit unions new name,encourage cross-selling of additional services and to bring in newmembers.
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Firms like Brex and Ramp are adding new tech faster than legacy banks, according to payment experts.
October 13 -
The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
Former City National CEO Kelly Coffey has a new venture in wealth management; Erin Siegfried is Northwest Bancshares' new chief legal counsel and corporate secretary; Flagstar Bank secures OCC approval to merge its holding company into the bank; and more in this week's banking news roundup.
October 10 -
The regional bank has launched a digital student banking center that's part of a broader strategy to focus on relationship-building.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
An updated deposit insurance reform bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise deposit insurance for business accounts to $10 million, exclude the largest banks from coverage and insulate community banks from footing the bill.
October 10