LITTLE ROCK, Ark. - (08/11/05) -- Arkansas FCU has presented a $47,000check to Arkansas Children's Hospital. The funds were raised duringthe first half of 2005 by credit union members, who donated $23,500to the hospital, with the credit union agreeing to match the funds.Over the past six years AFCU and its members have contributed morethan $162,000 to Arkansas Children's Hospital through itsfoundation.
The Federal Open Market Committee is expected to announce guidance on the end of its quantitative tightening program later Wednesday. As that process draws to a close, experts are questioning when and how the central bank should use its balance sheet to smooth economic stress in the future.
The Consumer Financial Protection Bureau is rescinding two rules issued under former CFPB Director Rohit Chopra that required nonbanks to register court orders, plus terms and conditions of contracts.
The payments giant had a "better than expected" fiscal fourth quarter, and said it expected that momentum to carry through the holidays. It's also looking forward to tailwinds brought by the Olympics and the FIFA World Cup in 2026.
Brian McEvoy, chief retail banking officer at Webster Five in Central Massachusetts, says community banks are in a unique position to serve more small businesses. He was a speaker Tuesday at American Banker's 2025 Small Business Banking conference.
The global financial services company is providing BaaS infrastructure to the digital asset branch of investment platform WisdomTree.
Park National Corp's $317 million, all-stock deal for First Citizens Bancshares would give the buyer a presence in markets that are expected to grow faster than its legacy Ohio footprint.
