CUES has honored its North Carolina, Rocky Mountain, and Michigan Councils as 2004 Outstanding Councils. In addition, CUES' Louisiana Council received the Everett Wood Award for most improved Council. Each received a cash award to put toward future meetings. The Most Improved Council receives $750. CUES also honored its top new-member recruiters from the past year. Jeffrey H. Farver, CEO, San Antonio FCU, and Christine L. Keyser-Fanick, former senior VP with SACU, recruited eight or more new CUES members in 2004. Larry E. Duckworth, president of OmniAmerican CU, Fort Worth, and Brian McDonnell, outgoing president of Navy Federal, Merrifield, Va., recruited five to seven new CUES members over a one-year period.
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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 -
State Street promotes Ann Fogarty to chief operating officer and names Mostapha Tahiri president of State Street Alpha; Florida's Portrait Bank expects to open for business on Saturday; Texas Capital Bancshares is on the lookout for a new chief risk officer following the departure of David Oman; and more in this week's banking news roundup.
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