WASHINGTON - (02/28/06) -- -The Colorado CU League will beputting before its membership at its upcoming annual meetingproposals to change its name, its logo, and to permitout-of-state-based CUs to join the league. League President JohnDill said he believes the word "league" does not explain what thegroup does to constituencies that aren't going to take time tofigure it out. "It's a lot of work to explain to a legislator whatthe 'league' is," said Dill. "It's a waste of 30 seconds. If yousay the Credit Union Association of Colorado or the Credit UnionAssociation of Wyoming, it's understood what you are." Plans arealso to put before the membership a bylaw change that would allowout-of-state-based credit unions to join the league, with duesprorated according to the number of members the CU has in Coloradoor Wyoming, and the associated voting rights. "We want to give thema way to be a part of the family, so to speak," he said. "We'vevetted the issue with focus groups and gotten a good reaction."Dill spoke with The Credit Union Journal during CUNA'sGAC.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








