MIRAMAR, Fla. - (12/05/05) -- CU Business Capital LLC, a CUSOlaunched by Eastern Financial Florida CU, has entered into apartnership with Lending Solutions Inc. to provide a completeCommercial Lending services and call center program for CUBC creditunion clients. CUBC Credit union commercial business members canpick up the phone to submit a loan/lease application for commercialvehicles, equipment, commercial mortgages, SBA loans, workingcapital loans, and more. CUBC is in the process of rolling out itscommerical business services CUSO to other creditunions.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
February 9





