DULUTH, Minn. - (08/02/04) -- Members Cooperative CU will dedicateits newest branch here Monday, an environmentally friendly facilitybuilt on a former hazardous waste site. The structure was built ona former brownfields site that once was an industrial oildistribution facility. Oil and fuel were in the soil andunderground tanks had to be removed. The $3.2 million, 16,000square-foot building was designed to use 54% less energy thansimilar commercial buildings of the same size. Skylights flood theinterior with natural light and light sensors minimize the use ofartificial light. Each office has its own thermostat fortemperature control.
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Federal Reserve Vice Chair for Supervision Michelle Bowman said she wants banks to be competitive in the digital assets space, provided those operations are siloed from the traditional finance side of the business.
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Susan Riel, who helped found Eagle Bancorp nearly three decades ago, will step down as CEO in 2026. The bank is embarking on a search for her successor.
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Findings from American Banker's On-Chain Finance Report show how market leaders view digital assets as a permanent fixture in the banking industry.
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A survey of bank executives conducted by fintech firm IntraFi found that an overwhelming majority of respondents think Federal Reserve Governors should only be removed by the president in cases of proven misconduct.
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The agreement, if approved by a federal judge, would end litigation over two distinct cybersecurity incidents in 2021 which affected over 2 million customers.
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The credit union partnered with Happy Money's digital lending and participations platform. TruMark has purchased, but not sold, participations for the past five years.
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