The Texas Credit Union Foundation (TCUF) said it is partnering with Hope Coalition America and Texas Saves to recruit volunteers in the state to join the HOPE Corps and provide "financial triage" help for victims of Hurricane Katrina. Hope Coalition America works in conjunction with FEMA, the Red Cross and other local and national agencies to assist natural disaster victims with such tasks as obtaining lost or destroyed personal identification and Social Security numbers, emergency budget management and credit counseling, assistance in working with creditors, etc. Volunteers are needed to provide financial guidance and assistance at FEMA Disaster Recovery Sites, local shelters and interim housing sites. Those interested in signing up can visit www.operationhope.org.
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At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.
April 19 -
New details have emerged about the negotiations that culminated in Capital One's blockbuster $35 billion agreement to acquire Discover. At one point last December, the two parties broke off discussions, according to a securities filing.
April 19 -
According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
April 19 -
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
April 19 -
Truist Financial's top executive leadership team announces departures; First Horizon's chief credit officer is retiring; Ferry teams with Highnote to roll out a new Visa-branded payroll card; and more in the weekly banking news roundup.
April 19 -
The Dallas-based regional bank tapped a client for its co-pilot capabilities, where employees can message a bot instead of a human to get tech assistance.
April 19