WASHINGTON - (01/19/06) The DC Police FCU announcedWednesday it has agreed to help raise building funds for the newNational Law Enforcement Museum in the nations capital. Thecredit union said it is working with the National Law EnforcementOfficers Memorial Fund to create automatic payroll deduction forits members, send deposit slips in monthly mailings to members, andother methods to help collect donations for the nascent project.Most of our members work in the law enforcement profession,so we feel its imperative to support the efforts of theNLEOMF to build the National Law Enforcement Museum, saidClay Goldston, chairman of the board for the $100 million creditunion. The museum will cost about $80 million, about $10 million ofwhich is expected to come from the law enforcement community. The90,000 square-foot museum is scheduled to open in 2009, across fromthe National Law Enforcement Officers Memorial in downtownWashington, the first national museum in the world dedicated to lawenforcement.
-
The president and his allies have stepped up their verbal attacks on the Federal Reserve and its chairman in recent weeks, and while the tough talk has not changed policy, it has sent a clear message to the financial sector.
30m ago -
Backed by tech billionaires, the crypto-focused digital startup bank's timely application reflects the current administration's openness to new tech-driven banking models — and raises concerns about regulatory impartiality, considering its backers' political ties.
July 2 -
The application follows on the heels of Circle and Wise, as crypto and payment companies seek crypto custody approval and direct access to the Federal Reserve payment system.
July 2 -
The credit union regulator, responding to a recent executive order, has established strict new standards for prosecuting financial crimes. Regulators are now supposed to make criminal referrals only in cases where putative defendants appear to have known they were breaking the law.
July 2 -
Three bank trade associations recommended phasing out paper checks to reduce government payment fraud in a joint statement submitted to the U.S. Treasury.
July 2 -
Baton Rouge-based Investar Holding Corp. has agreed to pay $84 million for Wichita Falls Bancshares, which operates five branches in the Dallas-Fort Worth Metroplex.
July 2