CRANE, Ind. - (06/29/06) Crane FCU held a groundbreakingceremony Monday for its new corporate headquarters at the new CraneTechnology Park, the first credit union offices outside the Cranefacility here. The $175 million credit union plans to build aone-story 15,000 square-foot structure, which will be divided intotwo wings; one for the executive employees; the other for the ITand Accounting departments and support staff. The project is beingdesigned by Bynum & Fanyo and Associates, of Indianapolis, andMacDougal & Pierce Construction will be the general contractor.The project is slated for completion in the spring of2007.
-
The combination of two Pacific Northwest banks was supposed to create a regional powerhouse, but rising deposit costs have stung. CEO Clint Stein says he's "laser-focused" on making Columbia a top performer again.
May 3 -
A set of panels discussing minority depository institutions and digitization found that cost is a significant challenge to minority depository institutions, especially in the core processing space.
May 3 -
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency issued a 30-page guidebook on managing affiliate risks. The report builds on formal guidance issued last year.
May 3 -
The efforts, which respond to President Biden's October executive order on AI, aim to improve synthetic content detection and improve the trustworthiness of AI models.
May 3 -
Tighter merchant connections between Square and Cash App helped Block produce stronger-than-expected results during the first quarter, while Jack Dorsey said the firm will launch its first remittance product later this year leveraging decentralized finance.
May 3 -
In talks with OCC officials, "it became obvious that we would not gain near-term approval given their recent experience with multifamily and CRE positions," FirstSun CEO Neal Arnold says. The companies announced other revisions to their deal, too.
May 3