WASHINGTON -- CUNA reported Friday it is spending $107,057 on TV and radio ads over the next week to support former Chamber of Commerce Vice President Jeff Crank in next week's Republican primary for the state's Fifth Congressional District House seat. Crank is a long-time staffer for Rep. Joel Hefley, who is retiring from the Fifth District seat this year. The ads were produced by Greener and Hook of Arlington, Va. CUNA also said it paid $29,099 for a third direct mailing boosting embattled Sen. Joe Lieberman, who is facing a tough challenge in the August 8 Democratic primary by anti-war candidate Ned Lamont. CUNA spent $87,297 on three mailings last week for Lieberman, a staunch credit union supporter.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3