WHEATRIDGE, Colo. - (08/13/04) -- The credit union lobby is throwingits support this time behind freshman Rep. Robert Beauprez, afterdoing everything they could to defeat the former banker in the 2002elections, in the closest congressional race in the country. JohnDill, the new president of the Colorado CU System, said they haveworked to mend fences and build a relationship with Beauprez, theformer chairman and CEO of Heritage Bank, since his election twoyears ago. "We feel like we have an open door and an open ear withhim" Dill told The Credit Union Journal, adding that Beauprez hadvoted for credit union-backed bills on bankruptcy reform andregulatory relief. Beauprez, who also served as chairman of theColorado Republican Party, bested credit union-backed MichaelFeeley, the former Democratic Senate Minority Leader, in 2002 byjust 121 votes. Beauprez faces Democrat David Thomas, the districtattorney in Jefferson County in November. In the state's biggestrace, the one to succeed Republican Sen. Ben Nighthorse Campbell,the credit union lobby has yet to choose between Republican PeterCoors, heir to the Coors beer family, and Ken Salazar, theDemocratic Attorney General.
-
The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.
2h ago -
The former head of the Consumer Financial Protection Bureau resigned Friday after the troubled rollout of the Free Application for Federal Student Aid led some House Republicans to call for his resignation.
2h ago -
The San Antonio-based bank said that loan growth, fueled in part by its expansion in key Texas markets, may compensate for pressure on deposits. It slashed the number of rate cuts it expects this year from five to two.
3h ago -
Mississippi's Renasant names its next CEO; environmental fintech Aspiration Partners spins out its consumer brand; the OCC adds five weeks to comment period for Capital One-Discover merger; and more in the weekly banking news roundup.
3h ago -
The Wisconsin banking company forecasted loan growth of 4% to 6% for the full year, driven by an expansion into new commercial and consumer credit lines as well as enduring economic strength in the Midwest.
5h ago -
In the inaugural iteration of American Banker's news quiz, test your knowledge on top articles covering the legal battles of the Consumer Financial Protection Bureau, new technology testing at JPMorgan Chase, earnings season and more.
6h ago