PHOENIX - (05/04/05) -- Desert Schools FCU said it handedout seven checks of $10,000 each to local non-profit groups as partof its 2005 community giving program. The donations were awarded toArizona Saves, Banner Health Foundation, Communities In Schools ofArizona, Habitat for Humanity, HomeBase Youth Services, JuniorAchievement and Vale de Sol. The main goals of the community grantprograms are to aid low-income families and neighborhoods; helpinspire kids to stay in school; provide financial education;support homeless youth services; and build new homes for needyfamilies.
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To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.
3h ago -
Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.
3h ago -
Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hardline stance on modifications.
4h ago -
Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6





