SAN ANTONIO - (04/15/05) -- Promising to take consumers 'to alace you'd like to be,' Clarke American unveiled a new check seriesThursday. The company's 'Island Breezes' series features white sandbeaches, pan trees rustling and the sun's rays dancing across theblue waters of the sea. While the 'Tuscan' series focus on thequaint villages, hillside vineyards and olive groves, and charmingtrattories of the romantic region of Italy. The new checks can beordered through credit unions or by Internet or phone.
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The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
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The store-branded card issuer is raising annual percentage rates and adding fees for paper statements to compensate for lost revenue. The Consumer Financial Protection Bureau's new regulation is scheduled to take effect on May 14.
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At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.
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Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.
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The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.
April 24 -
Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.
April 24