HARTFORD, Ct. -- CUNA reported Wednesday it mailed an unprecedented fifth brochure to voters on behalf of Sen. Joseph Lieberman, who is in a close race for next Tuesday's Democratic primary. The credit union group has spent $145,504 on independent expenditures over the past week to prop up the three-term Senator, who polls say is trailing anti-war candidate Ned Lamont for the Democratic nomination. CUNA has had mixed success with independent campaign expenditures in the past. Its efforts in 2002 and 2004 helped neophyte candidates Jon Porter, R-Nevada, Michael Michaud, D-Me., and Allyson Schwartz, D-Pa., win House seats. But independent expenditures by CUNA failed to save 18-term Rep. Phil Crane, a senior member of the tax-writing House Ways and Means Committee, in 2004; and similar spending for Republican candidate David Huffman in the 2004 Republican primary, created enmity with the eventual winner Patrick McHenry, who sponsored anti-credit union legislation last year that would ease the way for credit unions to convert to mutual savings banks.
-
The bank asks a federal court to toss claims from 5 certified classes, arguing victims have been paid and that fraudsters are included in the suit.
9m ago -
BNY's Carolyn Weinberg believes blockchain technology could be the key to an always-on operating system for the New York-based custody bank.
42m ago -
The Richmond, Virginia-based bank expects to build 10 branches in Raleigh and Wilmington, North Carolina, over the next three years. M&A is on the back burner as the company also works to capitalize on its recent acquisition of Sandy Spring Bank in Maryland, CEO John Asbury said.
1h ago -
The North Carolina bank is the latest lender impacted by the bankruptcy of U.S. auto parts maker First Brands. First Citizens executives said credit was in good shape overall.
3h ago -
The agents could overcome the consumer inertia that keeps people in low-yield bank accounts, the consultants say.
3h ago -
The credit card issuer added two programs with home goods retailers Raymour and Flanigan and Bed Bath and Beyond during the quarter while also increasing its stock buyback allocation and dividend payouts.
5h ago