LOMPOC, Calif. - (02/14/05) -- CoastHills FCU is trying to make iteasier for U.S. servicemen in Iraq to call home to their lovedones. The credit union hopes to collect as many as 1,000 unusedcell phones that it will recycle for cash, then use the cash to buytelephone calling cards for America's fighting men and women inIraq. The credit union has set up drop boxes at all nine of itsarea branches for the Cell Phones for Soldiers program. The programwas started by two Massachusetts school children who decided todonate their snack money after they hear about a soldier from anearby town who had run up a huge cell phone bill calling home fromIraq.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
February 9 -
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
February 9





