WASHINGTON - (10/29/04) -- CUNA has reached a preliminaryagreement to help sponsor the Hula Bowl, the annual collegefootball all-star game held in Maui, Hawaii. The agreement, whichis expected to cover advertisements at the game, is with OvertimeSports Pacific, an affiliate of the American Football CoachesAssociation, with which CUNA is partnering on the National ChildIdentification Program, according to CUNA lobbyist Gary Kohn. Thestructure of the ads, which are still undetermined, will toutAmerica's credit unions. "There will be significant visibility atthe stadium," Kohn told The Credit Union Journal. CUNA is planningto raise funds separately for the initiative. "All of the moneywill be raised voluntarily. None of it will be coming out of thepockets of credit unions," said Kohn.
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The effort to establish rules governing consumers' access to their financial data has been effectively derailed by litigation, moves made by the Trump-era CFPB and JPMorganChase's decision to start charging data aggregators for access to customer data.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17