WASHINGTON - (02/21/05) -- CUNA aid it made the maximum $15,000contribution last month to seven political entities affiliated withthe two major political parties, a total of $105,000 it contributesto the political parties as a matter of course every year. Themaximum allowable $15,000 annual contributions went to: TheRepublican National Committee, National Republican SenatorialCommittee, National Republican Congressional Committee, DemocraticNational Committee, Democratic Senatorial Campaign Committee andDemocratic Congressional Campaign Committee, as well as theRepublican Governors Association. The biggest contributions inJanuary went to: Richard Baker, R-La., chairman of the HouseFinancial Services Subcommittee on Government Sponsored Enterprises($5,000); and Reps. John Lewis, D-Ga. ($5,000); Ed Bryant, R-Tenn.($5,000); and Ed Royce, R-Calif.($4,000); The leading credit unionPAC also contributed $5,000 to The Prosperity PAC, which supportsconservative Republicans.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
October 24 -
The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
October 24 -
Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
October 24 -
Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
October 24 -
A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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