RALEIGH, N.C. - (04/14/06) Coastal FCU is promoting itselectronic statement service in conjunction with this yearsEarth Day as a way to cut down on paper use and be moreenvironmentally friendly. The credit union is encouraging its154,000 members to simultaneously help preserve precious naturalresources, fight identity theft and save money by opting to receivetheir account statements electronically. Every year, Coastal issuesmore than one million paper statements, each consuming severalpages. By making the switch to e-Statements, members can help savean estimated 42 tons of paper, or 1200 trees annually,theyve estimated. Almost 23,000 members already usee-Statements on a monthly basis. Current members can make theswitch online by visiting Coastals website, and new memberscan sign up for the service when they join the creditunion.
-
After passing the Federal Reserve's stress tests with high marks, large banks announced dividend increases. In some cases, they also said the Fed had conceded that certain prior calculations needed to be revised.
2h ago -
A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.
July 1 -
The National Credit Union Administration, operating with just one board member, has liquidated two credit unions that were recently put into conservatorship. The failures are the first credit union failures since Democrats on the board were fired, leaving Republican Chair Kyle Hauptman.
July 1 -
In a joint letter signed by over 50 bank trade groups, leaders in the banking industry urged regulators to revise bank regulatory thresholds upward to keep up with inflation.
July 1 - Yahoo Finance Feed
Dime Community Bancshares, which has added dozens of bankers over the past two years, is now ready to consider expanding its geography.
July 1 -
The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.
July 1