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.
-
A forthcoming rule from Treasury's Financial Crimes Enforcement Network will spell out banks' obligations to identify the true identities and beneficial ownership of its clients, even as the administration eliminated most U.S. beneficial ownership reporting.
44m ago -
Roughly 680 customers were affected, none in the U.S. But the control that failed at Revolut is the legal intake queue every American bank runs.
September 18 -
The Federal Reserve's top regulator has the early returns from the report she commissioned on the 2023 bank failure and said it supports her call for new reporting practices among Fed supervisors.
September 18 -
The "near-prime" lending fintech Avant is seeking to become a full-service bank by filing for a national de novo bank charter with federal regulators.
September 18 -
The commerce company has made major inroads into embedded finance, a strategy that could get a boost from partnering with the social media giant's new AI agent.
September 18 -
Citadel Credit Union recently closed a $50 million loan on a Philadelphia office tower. It's part of a trend, as credit unions build their commercial real estate lending businesses.
September 18









