ONTARIO, Calif. - (11/03/04) -- Robert Rose, who built the CO-OPNetwork into the largest credit union-owned electronic fundstransfer network, has set his retirement for June 2005, the companyannounced Tuesday. Rose took over as president and CEO of thenetwork in 1990 when there were more than two dozen small regionalnetworks serving credit unions. Under Rose, the CO-OP has created anationwide footprint, absorbing seven smaller credit union networkssince 2000 to become the largest credit union-owned network,serving 1,800 credit unions in all 50 states. The only othersurviving credit union network is Credit Union 24, based inTallahassee, Fla. The CO-OP said its board of directors has hiredNew York-based executive search firm, Muller and Associates, tofind a successor to Rose.
-
As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3