WEST PALM BEACH, Fla. - (11/10/05) -- Interested in telling a newspaperwhat you think ought to be reported? The Credit Union Journal has afew seats open for its CEO Summit, being held in conjunction withBAI's Retail Delivery Show next week in Orlando. The Summit willrun from 9 a.m. to noon on Nov. 15 and conclude with acomplementary lunch, wrapping up just in time for the start of theBAI show. This interesting, insightful and even fun event offersparticipants a chance to share viewpoints with one another and withThe Credit Union Journal on issues facing credit union leaders, andis used by The Journal's editorial staff to help drive newscoverage. Attendance has been deliberately limited, so those whoare interested in participating should contact Editor Frank J.Diekmann at fdiekmann@cujournal.com.
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Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
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The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
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Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
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St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
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The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.
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State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
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