WASHINGTON - (03/27/06) A teenager who survived agroundbreaking double-lung and liver transplant, two young brotherswho overcame leukemia, and a 10-year-old who lived through aserious shotgun injury, all shared their survival stories at theWhite House during a visit last week with President Bush, courtesyof the CO-OP Network, on behalf of the credit union movement. Childsurvivors from all 50 states exchanged their heartbreaking storiesin the nations Capital during a series the ChildrensMiracle Networks Champions Across America. The purpose ofthe young ambassadors was to share the message that their lives arebetter because of the work of childrens hospitals. Themeeting with the President was one of a series of events organizedby the favorite credit union charity, which also included a a tripto Disney World for the production of the annual ChildrensMiracle Network Celebration. As a long-time supporter ofChildrens Miracle Network, CO-OP Network is excited to helpthese 50 courageous kids celebrate their triumph overadversity, stated Stan Hollen, president of the creditunion-owned network. The credit union community raised more than $8million last year for the nationwide charity, and has raised morethan $30 million to aid critically ill children and help buildpediatric medical facilities over the past eight years.
-
First Northwest Bancorp in Port Angeles has selected an Everett, Washington-based competitor's president to serve as its new top executive.
September 12 -
The Charlotte-based megabank announced that it had appointed two business leaders to be co-presidents of the bank, and elevated its chief financial officer to serve as executive vice president.
September 12 -
The Massachusetts bank is being accused of aiding and abetting the operation of a Ponzi scheme centered in Hamilton, New York. The bank declined to comment on the allegations.
September 12 -
City National Bank promotes Brandon Williams to head private banking and wealth management; a former U.S. Postal Service letter carrier is sentenced to five and a half years for stealing over $10 million in checks from the mail; Lazard expands its North American investment banking franchise with two managing director hires; and more in this week's banking news roundup.
September 12 -
The government-powered network is allowing larger payments to settle instantly, a move The Clearing House has also made for its RTP network. Payment experts say more than higher limits are needed to make speedy processing ubiquitous.
September 12 -
The world's largest stablecoin issuer is preparing to launch USAT, its U.S.-regulated, dollar-backed stablecoin, by the end of the year, Tether CEO Paolo Ardoino told reporters at an event in New York. Bo Hines was also named CEO of USAT.
September 12