BILLINGS, Mont. - (12/27/04) -- Gene Amestoy got a special Christmasgift from the community this year. Friends and family, includingAvanta FCU (formerly Laurel FCU) raised almost $15,000 to helpreplace Amestoy's 1988 Ford van, equipped with an automatic liftfor Amestoy's wheelchair, that was stolen last month. The van,stolen from in front of Amestoy's apartment, was found by sheriff'sdeputies but not until it had been gutted by the thieves, whoremoved the stereo, speakers, lights, seat cushions and thealternator. When news of the theft became public people in thecommunity mobilized to help replace the van for Amestoy, whosuffers from multiple sclerosis. Members and employees of thecredit union donated $4,600 during a fundraiser, the ThriventFinancial Financial for Lutherans raising $5,300, and localresidents made up the rest.
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What was once a bipartisan and broadly popular housing bill has been weighed down with a pair of provisions that banks can't support. Even with those headwinds, the bill is more likely than not to pass, but not without drawn-out negotiations between the House and Senate.
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Federal Reserve Gov. Michael Barr said in a speech Tuesday afternoon that he wants to see a durable and reliable reduction in consumer price inflation before he considers cutting the central bank's interest rates.
March 24 -
B2 Bank in Minnesota, which recently exited a regulatory action in connection with its banking-as-a-service business, announced the hires of a new CEO and two other senior executives.
March 24 -
The company's investment advisory subsidiary was dinged for failing to properly disclose that its allocation of certain client assets represented a conflict of interest.
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Western Union CEO Devin McGranahan said at the Digital Asset Summit in New York that stablecoins were a great way to earn float revenue on money moving through its network. But the possibilities didn't end there.
March 24 -
The payment firm's P2P app, which has only been available in the U.S., will provide a new lane for remittances and other cross-border payments.
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