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.
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As shoppers embrace new forms of AI, crypto and alternative financing, payment experts say financial institutions will need to reassess traditional payment products.
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The Federal Reserve Board of Governors voted Wednesday to reappoint 11 sitting regional Fed presidents, without any dissents. The move precludes any effort the White House might have made to pressure the board to deny reappointments.
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Enova International, a nonbank lender in Chicago, plans to gain scale by taking over Grasshopper Bank's national bank charter. The deal already faces skepticism from critics of Enova's high-cost lending model.
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The payments fintech reported an $8 billion valuation as it aims to establish a second global headquarters in Silicon Valley and expand into Europe and the U.K.
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